The Discussion on Countermeasures of Perfecting the Operating Cost Control and Strengthening the Hospital Financial Management

At present, the medical industry has developed into a sunrise industry in the new era. With the continuous improvement of the level of medical services and technical requirements and the establishment and improvement of related medical service institutions, the competition between the medical industries is further intensified. As a complex, hospitals must achieve cost control and financial management in order to achieve ideal operating benefits. At present, there are still many problems in the financial management and cost control of related hospitals. For this, it is necessary to grasp the problem and take effective measures to cope with it, promoting the effective control of hospital operating costs, and achieving efficient financial management goals.

Application and Exploration of BPR Theory in Hospital Financial Management under Informatization

In recent years, people’s work and life have been unable to break away from the application of technology and information industry. However, the booming and huge influence of big data and information age has a greater impact on people. In this form, the traditional model of public hospitals has a huge collision with it, so it actively seeks a way out and actively develops it. In the subsequent development, it needs to abandon the financial management mode of inefficiency, energy consumption, etc., advanced financial management model to improve the financial management of public hospitals. This paper mainly studies the application and exploration of BPR theory in hospital financial management under the informationization. Firstly, it discusses and analyzes the BPR theory in detail. Secondly, it combines the status quo of public hospitals to reconstruct the information management financial management plan. Before and after the comparison, the application is applied to the daily financial management of the hospital according to the actual situation.

Efficiency Analysis of Financial Management Administration of ABC Hospital using Financial Ratio Analysis Method

This paper evaluated the financial performance of ABC hospital within the period of 2012 to 2013. To overcome the problems faced by the hospital related to how to measure and presented its financial performance in which financial ratio analysis was undertaken. These financial ratios were employed to measure the liquidity, assets utilization, long-term solvency and profitability of the hospital. This analysis was conducted in order to prove whether the hospital has been managed efficiently or not in accordance to Indonesian Hospital Quality Accreditation as stated in its clause on Administration Standard No. 5 Parameter No. 3 that the hospital financial management shall be conducted in appropriate way in order to guarantee its operation efficiently. The result showed that overall financial performance of ABC hospital increased considerably in those two years of the analysis. A significant change was occurred on its solvency ratio which was decreased from -2% to -8%, indicating its loose dependency due to its founder’s strong financial support. Therefore, based on this favorable result, the hospital was regarded to have efficient hospital management and thus, together with other standard fulfillment, it was accredited by Indonesian Health Ministry.