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Authors: Maria Goretti Sri Puji Paramitha Susetyawati and Dian Purnama Sari

Affiliation: Department of Accounting, Widya Mandala Chatolic University, Surabaya, Indonesia, Indonesia

ISBN: 978-989-758-461-9

Keyword(s): Financial distress, Ratio analysis, BPJS Kesehatan, Pharmaceutical Company

Abstract: This research aims at making analysis by using two financial distress predictive methods, namely Altman's and Grover's. The calculative outcomes of those two methods are then paired and compared with the condition of the increase of decrease in profit of the company and the condition of other companies throughout the research. The objects of research are all pharmaceutical companies registered to Bursa Efek Indonesia (Indonesia Stock Exchange) in 2014-2017. The research use data acquired from then pharmaceutical companies. The findings show that a number of companies are categorized within a grey and distress zone based on Altman's method. The Grover method, however, predicts that the majority of companies are in the category of distress during the period of research. This indicates that it is necessary for the BPJS to review the E-Catalogue program to keep pharmaceutical companies in Indonesia to survive and participate in the field of healthcare in the country.

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Paper citation in several formats:
Susetyawati, M. and Sari, D. (2020). The Implementation of E-Catalogue of BPJS Kesehatan: Are Pharmaceutical Companies in Indonesia Fit Enough?.In Proceedings of the 1st International Conference on Anti-Corruption and Integrity - Volume 1: ICOACI, ISBN 978-989-758-461-9, pages 23-29. DOI: 10.5220/0009399200230029

@conference{icoaci20,
author={Maria Goretti Sri Puji Paramitha Susetyawati. and Dian Purnama Sari.},
title={The Implementation of E-Catalogue of BPJS Kesehatan: Are Pharmaceutical Companies in Indonesia Fit Enough?},
booktitle={Proceedings of the 1st International Conference on Anti-Corruption and Integrity - Volume 1: ICOACI,},
year={2020},
pages={23-29},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0009399200230029},
isbn={978-989-758-461-9},
}

TY - CONF

JO - Proceedings of the 1st International Conference on Anti-Corruption and Integrity - Volume 1: ICOACI,
TI - The Implementation of E-Catalogue of BPJS Kesehatan: Are Pharmaceutical Companies in Indonesia Fit Enough?
SN - 978-989-758-461-9
AU - Susetyawati, M.
AU - Sari, D.
PY - 2020
SP - 23
EP - 29
DO - 10.5220/0009399200230029

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