Proceedings of the 2023 3rd International Conference on Financial Management and Economic Transition (FMET 2023)

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Financial Management Challenges and Strategies for Public Hospitals in the Urban Medical Consortium Model

Authors
Mingzhu Wu1, *
1Guangzhou First People’s Hospital, Guangzhou, 510180, Guangdong Province, China
*Corresponding author. Email: chris1208@qq.com
Corresponding Author
Mingzhu Wu
Available Online 15 October 2023.
DOI
10.2991/978-94-6463-272-9_12How to use a DOI?
Keywords
Urban medical consortium; public hospitals; financial management; strategies
Abstract

Public hospitals in the urban medical consortium model face various financial management challenges, including fund liquidity management, income distribution and accounting, performance assessment and incentives, resource sharing and risk allocation, and financial transparency and supervision. To address these challenges, effective strategies can be implemented, such as establishing a robust budgeting and fund management system, clarifying income distribution mechanisms, establishing scientifically sound performance assessment systems, allocating risks reasonably, and strengthening financial supervision and internal controls. Future research can explore more specific challenges and solutions and enhance studies on financial management to promote the sustainable development of the medical consortium model.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2023 3rd International Conference on Financial Management and Economic Transition (FMET 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
15 October 2023
ISBN
10.2991/978-94-6463-272-9_12
ISSN
2352-5428
DOI
10.2991/978-94-6463-272-9_12How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Mingzhu Wu
PY  - 2023
DA  - 2023/10/15
TI  - Financial Management Challenges and Strategies for Public Hospitals in the Urban Medical Consortium Model
BT  - Proceedings of the 2023 3rd International Conference on Financial Management and Economic Transition (FMET 2023)
PB  - Atlantis Press
SP  - 110
EP  - 115
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-272-9_12
DO  - 10.2991/978-94-6463-272-9_12
ID  - Wu2023
ER  -