Korea Health Industry Development Institute Achieves A Grade in Management Evaluation for Two Consecutive Years

The Korea Health Industry Development Institute announced on the 22nd that it received an A grade (excellent grade) in the ‘2023 Other Public Institutions Management Performance Evaluation’ conducted by the Ministry of Health and Welfare.

Korea Health Industry Development Institute building exterior
Photo by Korea Health Industry Development Institute

Following its A grade in the 2022 Public Institution Management Performance Evaluation led by the Ministry of Economy and Finance last year, the KHIDI achieved an A grade again in this Ministry of Health and Welfare management evaluation, becoming the first institution to receive an A grade for two consecutive years. This management evaluation comprehensively assessed 24 other public institutions under the Ministry of Health and Welfare based on major project performance, implementation of job-based pay, financial performance management, and more.

KHIDI was evaluated as excellent in the management category for efforts such as ▲operating a job-centered compensation system through the introduction of job-based pay for all employees ▲achieving sustainable institution operation by securing financial stability and soundness ▲operating a near-miss accident contest for the prevention of safety and disaster accidents and 100% implementation of follow-up measures led by the head of the institution. In the major project category, it was recognized for efforts including ▲achieving KRW 3.4 trillion in technology transfers through strengthened research and development (R&D) management ▲reaching a record high of 600,000 foreign medical tourists ▲promoting corporate growth through the operation of health industry fostering foundation projects.

Cha Sun-do, President of KHIDI, said, “This result is due to all employees working tirelessly and fulfilling their duties together with stakeholders,” adding, “KHIDI will continue to make its best efforts to actively implement government policies and promote public institution innovation that the public can feel.”

This content was produced with the assistance of AI translation services.