A Management Accounting Model Based on the Legal, Organizational, and Financial Development of a Privatized Department within a Public Facility at Polyclinic No. 2, L'viv, Ukraine

2 in L'Viv, Ukraine, is based on the legal, organizational, and financial development of a privatized department within a public facility. The model aims to provide a framework for effective management and decision-making within the privatized department. The privatization of the department was initiated in 1995, with the goal of increasing efficiency and improving services. The management accounting model was developed to support this process, focusing on the legal, organizational, and financial aspects of the department's operations. The model includes a set of financial and non-financial indicators to measure the department's performance and identify areas for improvement. The model was developed in collaboration with the ZdravReform Program, which provided technical assistance and support to the privatized department. The program's goal was to improve the management and financial performance of the department, while also ensuring that it continued to provide high-quality services to patients. The management accounting model includes a set of financial indicators, such as revenue, expenses, and profit, as well as non-financial indicators, such as patient satisfaction and quality of care. The model also includes a set of performance metrics, such as productivity and efficiency, to measure the department's performance and identify areas for improvement. The model was implemented in 1996, with the goal of improving the management and financial performance of the privatized department. The implementation process involved training staff on the use of the model, as well as providing technical assistance and support to ensure a smooth transition. The results of the implementation of the management accounting model were positive, with the department experiencing significant improvements in its financial and non-financial performance. The department's revenue increased, and its expenses decreased, resulting in a significant improvement in its profit. Additionally, the department's patient satisfaction and quality of care improved, as measured by the non-financial indicators. The management accounting model developed for Polyclinic No. 2 in L'Viv, Ukraine, provides a framework for effective management and decision-making within the privatized department. The model's focus on financial and non-financial indicators, as well as performance metrics, enables the department to measure its performance and identify areas for improvement. The model's implementation has resulted in significant improvements in the department's financial and non-financial performance, demonstrating its effectiveness in supporting the privatization process. The management accounting model has been applied to other public facilities in Ukraine, with similar results. The model's success has been attributed to its ability to provide a comprehensive framework for management and decision-making, as well as its focus on both financial and non-financial indicators. The model's implementation has resulted in significant improvements in the financial and non-financial performance of the facilities, demonstrating its effectiveness in supporting the privatization process. The management accounting model developed for Polyclinic No. 2 in L'Viv, Ukraine, provides a valuable example of how management accounting can be applied to support the privatization process in public facilities. The model's focus on financial and non-financial indicators, as well as performance metrics, enables the department to measure its performance and identify areas for improvement. The model's implementation has resulted in significant improvements in the department's financial and non-financial performance, demonstrating its effectiveness in supporting the privatization process.