Financial Management and Sustainability (EN)

In any industry, financial management involves handling routine financial operations, such as negotiating contracts, making cash available for expenses such as payroll, and maintaining a cash cushion for unexpected costs. The primary role of financial management in healthcare organizations is to manage money and risk in a way that helps to achieve the financial goals of the organization. ... Evaluation and planning: Involves evaluating the financial effectiveness and overall operations of the healthcare organization to plan for the future.