Volume 1, Number 1 (2016)
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Home > Journals > SCIREA Journal of Mathematics > Archive > Paper Information

Evaluation on the Efficiency of Healthcare Companies in Malaysia with Data Envelopment Analysis Model

Volume 1, Issue 1, October 2016    |    PP. 95-106    |PDF (188 K)|    Pub. Date: October 20, 2016
2215 Downloads     12904 Views  

Author(s)
Lam Weng Siew, Department of Physical and Mathematical Science, Faculty of Science, Universiti Tunku Abdul Rahman, Kampar, Perak, Malaysia; Centre for Mathematical Sciences, Centre for Business and Management, Universiti Tunku Abdul Rahman, Kampar, Perak, Malaysia
Liew Kah Fai, Department of Physical and Mathematical Science, Faculty of Science, Universiti Tunku Abdul Rahman, Kampar, Perak, Malaysia
Lam Weng Hoe, Department of Physical and Mathematical Science, Faculty of Science, Universiti Tunku Abdul Rahman, Kampar, Perak, Malaysia; Centre for Mathematical Sciences, Centre for Business and Management, Universiti Tunku Abdul Rahman, Kampar, Perak, Malaysia

Abstract
Healthcare industry plays an important role in the society and attracts the attention of the public nowadays. Healthcare industry has played a vital role in this world to provide goods and services to enhance quality of life, life expectancy, diagnostic and treatment options as well as the efficiency and cost effectiveness of the healthcare system. The objective of this study is to evaluate and compare the performance efficiency of the healthcare companies in Malaysia with Data Envelopment Analysis (DEA) model. The performance efficiency of the companies is defined as the ratio of sum weighted outputs to sum weighted inputs. In this study, the data consists of 12 healthcare companies in Malaysia from year 2011 to 2015. The results of this study show that ADVENTA and AHEALTH are ranked as efficient healthcare companies and therefore serve as benchmark to other inefficient healthcare companies. The efficiency of the healthcare companies in Malaysia can be determined by using DEA model. This study is significant because it helps to determine the efficient healthcare companies based on multiple inputs and outputs with DEA model.

Keywords
Data Envelopment Analysis, Efficiency, Linear Programming Model, Healthcare Company

Cite this paper
Lam Weng Siew, Liew Kah Fai, Lam Weng Hoe, Evaluation on the Efficiency of Healthcare Companies in Malaysia with Data Envelopment Analysis Model, SCIREA Journal of Mathematics. Vol. 1 , No. 1 , 2016 , pp. 95 - 106 .

References

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