Search results

Public hospitals in China usually rely on revenues from medical services and medications to compensate for major costs given their nonprofit nature. The lack of government subsidies and unreasonable prices of medical services have led to high medical costs and unbalanced reimbursement system for public hospitals. There is a critical need of research on improvement of reimbursement system that will create positive effect on China’s health-care system. This paper aims to focus on four dimensions of stakeholders (government, patients, medical insurance agencies and social organization) and six major expenditures to explore reimbursement scheme for public hospitals in China with the purpose of relieving unbalanced income and expenditure of hospitals, avoiding medication markups and reducing medical expenses from patients.

In this paper, the authors study reimbursement scheme for public hospitals from the perspective of four dimensions of stakeholders and how stakeholders reimburse six major expenditures of hospitals. A total of 128 effective samples were collected from financial data of 32 public hospitals through 2009-2012. This paper analyzes the econometric models of the selected revenue and expenditure. This paper analyzes the econometric models of the selected revenue and expenditure using linear regression. The linear relationship between each cost and different types of incomes (i.e. reimbursements from government, patients, insurance agencies and social organization) is analyzed before and after cancelling the medication markups.

Results from empirical research verify that government reimbursement is insufficient, and using medication markups to compensate for medical service costs has become a serious problem for China’s public hospitals. To avoid the medication markups and improve the reimbursement scheme, government should reimburse labor cost, fixed assets cost and research cost; patients and medical insurance agencies should reimburse the costs of medical service, medication and administration/operations; and social organization should supplement the fixed assets cost.

In this study, the authors defined and classified stakeholders of reimbursement scheme for public hospitals in China, which help understand the roles and effects that different stakeholders can play in compensation. Along with the proposed reimbursement scheme framework, this study will help make effective implementation of new health-care reform program in China.

Heterogeneous risk disclosure has been proven to improve the efficiency of new stock issuance, but excessive risk disclosure during the IPO may lead to irrational underestimation of the company, which is different from the original intention of management's detailed disclosure. Therefore, this study aims to examine the impact of IPO heterogeneous risk disclosure on earnings management motivations from the information transfer perspective of earnings management.

The sample includes 2,000 listed companies listed firms on Shanghai and Shenzhen Stock Exchanges from 2007 to 2022. This study uses the pretrained ERNIE model to measure text similarity in the prospectus to measure the heterogeneity of IPO risk disclosure.

This study empirically finds that heterogeneous IPO risk disclosure suppresses the opportunistic motivation of earnings management because managers tend to use earnings management to leverage information transmission functions. Such an effect is more pronounced in firms with higher analyst attention, lower marketization levels and non-state-owned. And heterogeneous risk disclosure may inhibit management’s over-investment behavior, thereby reducing the possibility of management engaging in opportunistic earnings management. Besides, price discounts are used to distinguish opportunistic and non-opportunistic earnings management and carry out a quasi-natural experimental design to demonstrate that marketization can enhance the relationship between heterogeneous risk disclosure and earnings management.

This study contributes evidence regarding the economic consequences of managerial earnings management behavior related to heterogeneous IPO risk disclosure. It supports highlighted firms in the IPO risk information disclosure to mitigate potential adverse outcomes through earnings management. This contributes to the literature and enhances information transparency in the capital market, fostering the healthy development of China’s capital market.

Due to the conflicts between left turn traffic and opposite straight-going traffic in urban traffic network, some of the traffic lanes cannot be used to discharge vehicles during its green phases and the intersection capacity can be greatly reduced. This study/paper aims to reduce the effect of conflicts and increase its capacity through the reasonable pre-signal phase time with the exchangeable lanes.

This paper took into consideration various influence factors to intersection capacity and formulated the capacity optimization model based on 0-1 mixed-integer programming model. This model is efficiently solved by standard branch-and-bound algorithms.

The authors took an intersection as an example and solved the optimal signal timing and entrance lane capacity via this model. Then, simulations were carried out to verify the effect of the exchangeable lanes strategy of this intersection through the simulation software VISSIM and take the traffic volume and delay as outputs, which indicated that this model has better performance.

The front-end control strategy can not only exploit the full potential of the intersection but also significantly improve the operational efficiency of the intersection. It plays a positive role in improving urban intersection congestion.

The purpose of this study is to solve the oil drill pipe joints and casing excessive wear problems and to improve the drill pipe joint-casing wear resistance and anti-friction properties.

On the surface of the drill pipe joints using oxyacetylene flame bead weld (BW) wear-resistant welding wire ARNCO-100XT^TM prepares welding layer, high-velocity oxygen fuel (HVOF) Cr₃C₂75-NiCr25 prepares coating and subsonic flame spray and remelt (SFSR) Ni60 prepares coating, then comparing and analyzing the friction and wear of the three types of wear-resistant layers and the casing under the condition of 1.8 g/cm³ mud drilling fluid lubrication. The wear resistance and anti-friction performance of the drill pipe joints were evaluated based on the wear situation, finally revealing its friction and wear mechanisms.

Three types of wear-resistant layers can improve the surface wear resistance of drill pipe joints, the wear-resistant layer and the substrate are well combined and the welding layers and coating are both dense and uniform. The wear resistance of the HVOF-Cr₃C₂75-NiCr25 coating is 10.9 times that of the BW-ARNCO-100XT^TM weld layer, and the wear resistance of the SFSR-Ni60 weld layer is 2.45 times that of the BW-ARNCO-100XT^TM weld layer. The anti-friction properties of SFSR-Ni60 welding layer is the best, followed by HVOF-Cr₃C₂75-NiCr25 coating, and the anti-friction properties of BW-ARNCO-100XT^TM welding layer is the worst among the three.

The research results of this paper have great practical value in the process and material of improving the wear resistance and anti-friction performance of the drill pipe joint casing.

The COVID-19 pandemic accelerated the adoption of working from home (WFH), which contributed to widespread loneliness at a global level. Drawing on the theory of social exchange, this chapter examines how WFH, masculinity contest culture (MCC) at work, and co-worker support impact workplace loneliness. A theoretical model is developed, which adds to the scarce literature on workplace loneliness and MCC, while practical recommendations are also provided to enable organisational leaders and human resource practitioners to decrease workplace loneliness.

This study aims to reveal the influence of milling process parameters on the surface roughness and morphology of superalloy GH4145.The groove milling mechanism and surface quality influence factors of superalloy GH4145 were studied experimentally.

This paper provides investigations on three-dimensional finite element model (FEM) and simulation of milling process for GH4145.The milling experiment uses Taguchi L16 experimental design and single factor experimental design. The surface morphology of the workpiece was observed by scanning electron microscopy, and the influence mechanism of milling parameters on surface quality is expounded.

The results show that the cutting force increases by 133% with the increase in milling depth. The measured minimum surface roughness is 0.035 µm. With the change in milling depth, the surface roughness increases by 249%. With the change in cutting speed, the surface roughness increased by 54.8%. As the feed rate increases, the surface roughness increases by a maximum of 91.1%. The milling experiment verifies that the error between the predicted surface roughness and the actual value is less than 8%.

The milling experiment uses a Taguchi L16 experimental design and a single-factor experimental design. Mathematical models can be used in research as a contribution to current research. In addition, the milling cutter can be changed to further test this experiment. Reveal the influence of milling process parameters on the surface roughness and morphology of superalloy GH4145.

The peer review history for this article is available at: https://publons.com/publon/10.1108/ILT-03-2024-0080/

The purpose of this research is to compare an industrial ethernet based network (PROFINET Class 1) with a traditional fieldbus network (PROFIBUS).

Two sets of identical motors were used in the experimental set-up. The speed synchronisation of a lead and follower motors was compared using both PROFINET Class 1 and a PROFIBUS DP network. The level of synchronising achievable was used as a measure of performance for each network.

It was found that PROFIBUS DP produces a better performance for set point and load changes than PROFINET Class 1 network.

PROFINET Class 2 and higher could not be used in the experiment due to availability of equipment and funding.

This research provides a comparative study of two very popular industrial networks. The results can be used as reference by industry for selection of industrial networks.

The paper provides a manufacturer independent practical comparison of two industrial networks. The application area of speed synchronisation is demanding, and should inform the user on the performance and limitation of industrial networks.