The Impact of Teaching Factor on University Hospitals' Cost Structure : The Case of Greece

In this paper an attempt is made to determine the additional costs being undertaken by the University Hospitals of Greece in relation to those of General Hospitals. To determine the additional cost of University Hospitals, called teaching impact cost, a model of eight factors was constructed. The sample of examined Hospitals consists of fifty-three (53) Hospitals in Greece which issued financial statements for the years 2008-2009. This effort is intend to a direct comparison of the results that incurred in Greece, to other similar efforts that made in other European Countries. The results showed that the University Hospitals of Greece, similar to other European University Hospitals, face a higher operational cost compared to General Hospitals, which is due to education of the future health professionals