Effective HRP on Break-Even Analysis in Start-up Private Hospitals
DOI:
https://doi.org/10.56830/IJAMS10202405Keywords:
Human Resource Management (HRM), ); Human Resources Planning (HRP), Break Even Point (BEP) analysis, Private Start up Hospitals, Healthcare Industry, EgyptAbstract
The study examines the effectiveness of Human Resources Planning in start-up private on performance hospitals in Egypt and the effectiveness of Human Resources Planning (HRP) on Break-Even point (BEP) analysis. It found that most hospitals use Break-Even Point (BEP) analysis in Human Resource Planning (HRP), and there is a significant positive relationship between their use and successful Human Resource Planning (HRP) the study recommends that Hospitals use Break-Even Point (BEP) as a primary tool for Human Resource Planning (HRP) oversight due to their impact, efficiency, and accuracy in startup private hospitals. The sample consisted of 54 accounting department employees. The findings highlight the importance of using Break-Even Point points in Human Resource Planning.
This dissertation explores the effectiveness of Human Resource Planning (HRP) policies and Human Resources Management (HRM) practices in the Break-Even Point (BEP) analysis of start-up private hospitals in Egypt, clarifies the relation between Human Resources Management (HRM) and Human Resource Planning (HRP) in the growth of private start-up hospitals. Human Resource Planning (HRP) is a strategic process that identifies the current and future demands of a hospital’s human resources to achieve its goals. It connects Human Resources Management (HRM) with the hospital’s strategic plan, aiming to maximize the value of high-quality employees. Strategic Human Resources Management (HRM) is a holistic approach to assembling the best team for business growth and success. Drawing from five start-ups private hospitals and interviews with employees and founders, it reveals that Human Resources Planning (HRP) connects with Human Resources Management (HRM) can play various roles in the growth of these hospitals, from strategic to nonstrategic.
Previous research has primarily focused on the influence of entry timing, idea, and funding on performance. The study aims to provide a comprehensive understanding of the effectiveness role of Human Resources Management (HRM) and Human Resources Planning (HRP) on the Break-Even Point (BEP) analysis in private start-ups hospitals in Egypt. Health reforms in the past 25 years have primarily focused on structural change, cost containment, and market mechanisms, neglecting the importance of Human Resources Management (HRM) and Human Resources Planning (HRP) in private startup hospitals, the most resource-intensive part of the healthcare system, face significant pressures for efficiency and effectiveness. Effective Human Resources Planning (HRP) is crucial for improving service delivery in hospitals worldwide, highlighting the complexities of Human Resources Management (HRM) and Human Resources Planning (HRP).
The research findings presented in this dissertation are intriguing for more study on the topic and may be used by business owners in their strategic plans for successful operations and business growth.
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