About Us

Ipmi Repository is an online archive service which is managed by IPMI Library - Learning Resource Center. Established for collecting, managing, saving, preserving and disseminating digital copies of intellectual output of IPMI International Business School such as academic journal, books, theses, Group Field Project, Community Involvement Project, Case Study, conference paper, and other types of research publication. The main objective of this repository is to provide long-term, public, open access and easily retrieve to the digital collection to support teaching-learning process.

"Knowledge without observation is nil"

Lesmana, Nico and Daryanto, Wiwiek Mardawiyah (2019) FINANCIAL PERFORMANCE ANALYSIS OF HEALTHCARE COMPANIES BEFORE AND AFTER THE IMPLEMENTATION OF BPJS KESEHATAN PROGRAM DURING THE PERIOD OF 2011-2016. International Journal of Business, Economics and Law, 20 (1). pp. 32-42. ISSN 2289-1552

[img] Text
Financial Performance Analysis of Healthcare Companies Before and After the Implementation of BPJS Kesehatan Program During the Period of 2011-2016.pdf
Restricted to Registered users only

Download (466kB)


In May 2016 World Health Organization (WHO) published the list of countries by life expectancy. In the period 2010 until 2015, the average world's life expectancy at birth was 71 years old, with 70 years old for males and 72 years old for females. In this list showing that Indonesia was in the list number 120 in the world from 183 countries and number 6 in the Association of South East Asian Nation (ASEAN) with average life expectancy at 69.1 years old, with 67.1 years old for male and 71.2 years old for female. In 2019 the US Census Bureau released the latest list of countries by life expectancy showing that Indonesia falls in position number 130 but increasing in the life expectancy number with the average number in 71.5 years old, 69.4 years old for male and 73.8 years old for female. This showing that some factors that directly effecting the numbers, such as the standard of living and the quality of healthcare facilities are increasing. In January 2014, the Indonesian government launched the National Health Insurance (JKN) through their Social Insurance Company owned by the government (BPJS) to provide health insurance for all Indonesian citizens. This program will cover all the hospital expenses that emerge from the use of hospital services by the citizen so it will lighten up the live load for the poor and unfortunate citizens. On its way to the implementation of the Program, there were payment arrears from the government to the hospitals. This study intends to analyze the financial health condition before and after the implementation of the JKN program of three hospitals in the Healthcare industry; 1) Mayapada Hospital; 2) OMNI Hospital; 3) Siloam Hospital. The result of the observation of the financial ratio obtained from audited financial reports is then checked by the decree establishing their financial health status. Using a specific period from 2011 until 2016, the study will be analyzed before the implementation of JKN (2011-2013) and after the implementation (2014-2016). It's showing that the implementation of the JKN affecting the financial performance of the hospitals. As shown in their annual report, the Mayapada Hospital and the OMNI Hospital were having a significant effect on their ROA and ROE, while Siloam Hospital not really effected but showing slow but sure declining numbers. As for the ROI, it was not affected significantly but still, there is a fluctuation every year with the tendency to decreasing of the numbers.

Item Type: Article
Subjects: H Social Sciences > HG Finance
Divisions: Research And Community Empowerment > Journals
Depositing User: Dr. Wiwiek Mardawiyah Daryanto
Date Deposited: 17 Nov 2020 02:40
Last Modified: 22 Dec 2021 03:38

Actions (login required)

View Item View Item