Sound financial management has been identified as a critical component of effective hospital administration. Inadequate financial practices are a leading factor in the failure of hospitals. As part of the Rural Hospital Project (RHP), which operated in six rural Northwest communities from 1985 to 1988, detailed and extensive analyses of financial practices were conducted to identify strengths and weaknesses of the hospitals’ financial management. In addition, 15 hours of formal education covering a variety of financial topics were presented to project participants.
The Journal of Rural Health – Wiley
Published: Jan 1, 1991
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