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Comparison of two weighted goal programming models for financial management of a health care system

Abstract

In this paper, we presented weighted goal programming model (WGP) for financial management of healthcare system in Hyderabad. The data are collected from the health care system’s financial statements from 2010 to 2017. In this study, we considered six financial metrics such as liability, equity, income, asset, profit and proportion of values in the statement. The weights in the goal programming model are obtained by percentage normalization and analytical hierarchy process (AHP). The problem was solved using PM-QM for windows and the solutions are compared.

Optimization and Mathematical ProgrammingAnalytic hierarchy processActuarial scienceFinancial managementHealth careNormalization (sociology)Equity (law)FinanceFinancial statementGoal programmingComputer science
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0.19
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