What is corporatization in healthcare?

Corporatization of medicine: the use of medical management information systems to increase the clinical productivity of physicians.

What is meant by corporatization?

Corporatization refers to the restructuring or transformation of a state-owned asset or organization into a corporation. The aim of corporatization is to create enterprises with independent managers who are expected to account for the business as though they were operating a stand-alone company.

What is the structure of a healthcare organization?

The most common organizational structure for healthcare organizations is a functional organizational structure whose key characteristic is a pyra- mid-shaped hierarchy, which defines the functions carried out and the key management positions assigned to those functions (see Figure 2-1).

What is the difference between corporatization and privatization?

Corporatisation is the process of transforming government agencies into corporations. Meanwhile, privatisation means the transfer of a company or organisation from the control of government to private ownership and control.

Is corporatization the same as Privatisation?

Although corporatization is to be distinguished from privatization (the former involves publicly owned corporations, the latter privately owned ones), once a service has been corporatised it is often relatively easy to privatise or part-privatise it, for example by selling some or all of the company’s shares via the …

What is corporatized?

transitive verb. : to subject to corporate ownership or control afraid that medicine was becoming corporatized.

What are the main functions of a health care system?

out four vital functions. These are: service provision, resource generation, financing and stewardship. and injuries, and the health effects of global environmental changes), (1-3). years, including the founding of national health care systems and the extension of social insurance schemes.