Sustainability of rotary capital companies for university hospitals

Sustainability generally refers to the process of the activities being carried out and the fact that the production made as a result of the activities can be continued in the following periods. Financial sustainability, on the other hand, is called financial sustainability in order for an institution or organization to meet its expenses with its own income without any borrowing situation. The subject of this study is to investigate the financial sustainability of revolving funds of university hospitals. These universities, which are the subject of our research, are the universities that were subject to the audit of the Court of Accounts between 2012-2018. The method of our research is the financial analysis method according to its scope. This method includes static financial analysis, comparative static financial analysis, dynamic financial analysis and comparative dynamic financial analysis methods. In this study, according to the findings obtained from the analysis made on the total income and expense balances of the hospitals subject to our research, although the income expense balance was in favor of revenues in 2012 and 2014, the income and expense balance was in favor of expenses in 2013, 2015, 2016, 2017 and 2018. It was determined that this situation was caused by the continuous increase of expenses. According to the findings obtained from all applied analysis methods, it has been determined that the financial structures of the revolving funds of university patient households are constantly deteriorating and this situation cannot be maintained in the short and medium term. Keywords: Revolving Fund Companies, SAI Audit, Financial Sustainability, Financial Analysis University Hospitals