Case Study Of A Public Hospital Financial Risk Management

Risk refers to an uncertainty.Financial risk refers to the fact that due to various internal and external uncertainties that are difficult to predict and control throughout the organization’s activities,the actual income of the organization deviates from expectations,income cannot make up for expenses.Certainty.The related sections of risk management mainly include: establishment goals,risk identification,risk analysis,and risk response.As a non-profit public institution,public hospitals have the characteristics of public welfare and public nature.And they also need to give medical services to obtain income to make up for expenses.Because of the policies,the operating environment has undergone changes.And public hospitals also have internal development imperfections.All these will bring certain financial risks to public hospitals.This article selects the hospital in the economically underdeveloped western region as a case study object.Firstly,the positioning has influence on its function,funding sources,and risk management objectives.Secondly,the lower income of the local residents cannot afford higher medical expenses,the government’s income is limited.Therefore,this article selects the hospital in the economically underdeveloped western region as a case study object,which has certain typical and research significance.The objectives of the financial risk management of the hospitals in the economically underdeveloped western regions should be not to increase the financial burden and rely on reasonable control activities to deal with financial risks.Balance as much as possible can rely on its own funds to complete its hardware equipment,and the level of medical services and other soft power.The case hospitals studied in this paper are small in size,lack of professional talents,declining revenues,and incomplete risk management measures.Therefore,they face certain financial risks in terms of operations,fundraising,and expansion and maintenance of operational capabilities.In response to these risks,the paper recommends that it start from three aspects: improve the system,strengthen daily operations management,and pay attention to personnel training,improve the management model,and improve its financial risk management.The mission of setting up a public hospital is to provide the public with excellent and convenient medical services to better serve the community.The case hospital selected in this paper has a certain typicality,and I hope that the conclusion...