The reality of financial risk management in Palestinian hospitals, Case of “Al-Makassed Islamic Charitable Society hospital"
Date
2021-09-08
Authors
Sama Omar Hussien Faroun
سماء عمر حسين فرعون
Journal Title
Journal ISSN
Volume Title
Publisher
Al-Quds University
Abstract
The aim of this study was to assess the reality of financial risk management in Palestinian hospitals, case of Al-Makassed Islamic Charitable Hospital in Jerusalem.
The Cross-Sectional Descriptive Analytic designs was used in this study, At Al-Makassed Islamic Charitable Hospital in Jerusalem.
All employees in administration department and financial department which equal 32 employees and 60 of patients divided equally for open and closed units at Al-Makassed Islamic Charitable Hospital.
The total mean for employee’s agreement toward financial part equal 3.18
(Std. Dev. =1.04) that considered moderate agreement,
The total mean for employee’s agreement toward Profitability part equal 2.56
(Std. Dev. =1.19) that considered moderate agreement.
The total mean for employee’s agreement toward Effects of Financial Risk equal 4.37 (Std. Dev. = 0.2) that considered High agreement.
The total mean for patient’s agreement toward financial part of Economic factors when deciding to treat in Al-Makassed hospital equal 3.45 (Std. Dev. =1.26) that considered high agreement. The total mean for patient’s agreement toward The Suitability of Prices in Al-Makassed hospital equal 3.40 (Std. Dev. =1.12) that considered high agreement.
According to the results there was a strong positive relationship between financial risk management and hospital’s ability to maintain quality and safety of patients care.
For hospital employees there a moderate agreement with financial dimension and profitability dimension, however, they have high agreement with the effects of financial risk. For patients' high agreement with the importance of Economic factors when deciding to treat in a hospital and the suitability of prices.