Efficient And Effective Controlling Process In Financial Management Processes In Business Healthcare

Nexhip Sheholli

Abstract


The controlling process in the medical sector is of essential importance in terms of control and performance measurement. Medical facilities are of essential importance for society and therefore it is necessary to monitor them on a daily, monthly and annual basis.

It is of enormous importance to activate the management in these processes and through active monitoring of the work of the health organization to find the inefficiencies it faces. By reducing these inefficiencies and deflecting them, the organization could achieve better results in every sector.

The most important mechanism in terms of controlling in health facilities is the quantitative way of measuring performance through several parameters set by the management. This is the only way to ensure reliable results and encourage all stakeholders in an organization to work towards creating positive results in the organization.

Organizations must implement a system of communication between levels of management in order to ensure transparency and availability of information.


Keywords


efficacy, effectiveness, health management

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References


Robert James Cimasi (2014), Healthcare Valuation, The Financial Appraisal of Enterprises, Assets, and Services, Wiley and sons

Robert.A Maclean (2002), Financial Management in Health Care Organizations, Delmar Cengage Learning

William Zelman,Michael J Mcue,Alan R.Millikan,Noah D Glick (2020), Financial Management of Health Care Organizations: An Introduction to Fundamental Tools, Concepts and Applications 5th Edition, Jossey-Bass




DOI: http://dx.doi.org/10.52155/ijpsat.v39.2.5457

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