Summary: In the period 2010-2021, Greece faced a challenging period in which it had to cope with numerous economic problems (due to the financial crisis) and take care of the health of people affected by the coronavirus (due to the COVID-19 pandemic). The negative effects of the economic crisis prompted the government to introduce strict austerity measures, which led to a reduction in public spending and funding. The healthcare sector was not spared from these challenges, as healthcare facilities were confronted with various new challenges that made proper management of existing resources essential. Therefore, improving the efficiency of hospitals became an essential prerequisite for their smooth operation and the continuous provision of quality healthcare services.

Analysing financial data from a healthcare facility's financial statements, examining its efficiency (using financial ratios and trend indicators) and studying its medical activities and expenses are methods that can help overcome the obstacles that hinder its economic growth and sustainability.

In this context, through the financial analysis of the financial statements of the paediatric hospitals of the 1st Regional Health Authority (specifically the General Paediatric Hospital "Panagiotis & Aglaia Kyriakou"," the General Paediatric Hospital "Agia Sofia" and the General Paediatric Hospital of Penteli) for the years 2010-2021, the present study aims to examine their financial efficiency, paying particular attention to the periods of economic and pandemic crises that affected the country.