The development of telemedicine projects by private health institutions in Greece; shareholder's reaction and best financing methods

Nikolaos Eriotis, Dimitrios Vasiliou, Vasileios Zisis

Research output: Contribution to journalArticle

1 Citation (Scopus)

Abstract

In Greece, telemedicine could improve the quality of life for apart of population that lives in remote places. Lack of funding, though, might cause failure or postponement of projects related to the application of telemedicine. In the current paper, we explore private health industry' shareholders' reaction in case of initiation of projects related to telemedicine and the issue of financing telemedicine projects in case when private health care industry is willing to invest in such projects. Our sample is based on perceptions of administrative and nursing stuff employed in the health industry and a major result of our research is that when the investment cost for the initiation of a telemedicine center in remote places exceeds a certain costs shareholders' reaction changes from positive to negative.

Original languageEnglish
Pages (from-to)143-152
Number of pages10
JournalEuropean Journal of Economics, Finance and Administrative Sciences
Issue number11
Publication statusPublished - Sep 2008

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