Investigation of the Effect of Covid-19 on The Financial Performance of A State Hospital Operating in Mersin

Abstract

The aim of the study is to reveal the extent to which the financial performance of the hospital was affected by the Covid-19 epidemic between 2019-2020. Comparativ table analysis method was used in the financial performance analysis by using the data in the income statement and balance sheet obtained from a state hospital operating in the province of Mersin which is the universe of research. According to the main findings obtained as a result of the study, the assets, trade receivables, stocks, period net loss and operating loss of Mersin State Hospital increased significantly in 2020 compared to 2019. It can be said that the reason for the unusual difference seen in the financial statement account items of the relevant hospital between the years 2019-2020 is the Covid-19 pandemic. Based on study, this epidemic, the effects of which were seen intensely until the first quarter of 2022, revealed that analysis should be made between more comprehensive years with the research carried out.