FINANCIAL RISK ASSESSMENT

 

Financial Risk Assessment is the important strategy used in hospitals for the effective functioning. This is the duty of the hospital administrators and this is concerned with the financial risk that may affect the hospital and its functioning. Proper assessment makes a difference.

COMMON FINANCIAL RISKS IN HOSPITALS

• Revenue Cycle Risk

• Operational Risk

• Compliance Risk

• Investment Risk

• Liquidity Risk

CONCLUSION

Hospital Administration online course nagercoil serves as an essential foundation for anyone aspiring to manage or improve healthcare systems. This course is a study on managerial principles with its unique complexities, empowering individuals to lead with competence, compassion, and clarity in the field of healthcare.