Hospital financial management, a key component of healthcare administration, encompasses the strategic planning, oversight, and improvement of a healthcare facility's financial resources. To maintain the hospital's financial stability, this process is crucial for protecting and enhancing the quality of patient care. EvenCare plays a crucial role in helping hospitals maintain financial stability, enhance financial performance, and ensure the effective and efficient utilization of resources. Our understanding of the healthcare sector and proficiency in financial management can significantly impact a hospital's long-term financial health and prosperity.
What We Offer
We deliver the following kinds of solutions under the heading of Hospital Financial Management.
- Financial Assessment
- Feasibility Study
- VAT-TAX Management
- LC Management
- Audit & Compliance
- Budgeting,
- Planning & Forecasting
- Hospital Billing
- Refund policy
- Return Policy
- Critical Care Procedure Policy (ICU, NICU/PICU, etc.)
- Provide advice on budgeting, revenue cycle management, cost control, and reimbursement strategies. Example: Ensuring compliance with insurance billing requirements to optimize revenue.
- Help organizations comply with healthcare regulations and achieve accreditation from recognized bodies, such as NABH, JCI, or ISO. Examples include preparing hospitals for audits and inspections.
