Effective financial management for management Of Chaoprayayomarat Hospital Suphanburi Province Health Office

Abstract

In the fourth quarter of fiscal year 2016 Chaoprayayomarat hospital. Suphanburi Province Began to lack financial liquidity The crisis level 6 was found. The financial crisis of high level hospitals. Based on 7 Critical Thinking Criteria. The Financial Administration Index (FAI) refers to the criteria used by the Office of the Permanent Secretary for Health to measure the quality of the financial management of the hospital. In-depth financial analysis. There are many details. Both the right to treatment. And various expenditure categories It allows financial management for financial management for hospitals. Can effectively control financial problems level 6. Objective : The hospital aims to provide a predictable income they receive and costs arising form operations, Recognition of existing debt. Planning for future Obligations. The plan includes collection agencies, So that liquid. Using tools to analyze financial statements. As an educational tool. Study designs Material and Methods : In the study mapped. Studies form secondary accounts of Chaoprayayomarat hospital provincial health office. Fiscal year 2014-2016

Result : It was found that (1) The ratio of financial liquidity ratio in year 2557 to 2019 was 1.59, 1.48 and 1.07, reflecting that the current assets rather than current liabilities and liquidity were relatively low. In Asset Management Of Chaoprayayomarat Hospital Total Fixed Asset Turnover The ratios of 1.12, 0.99, and 1.01 show that overall revenue decreases when compared to total assets. Chaoprayayomarat Hospital has an increase in assets rather than an increase in receipts. The asset management of the hospitals that generate income is relatively low. (3) Analysis of debt service coverage ratio. The hospital has a debt to total assets increase every year. Equivalent to Chaoprayayomarat Hospital, the debt burden increased. It shows that hospitals have increased liabilities and reduced costs every year. This is caused by lower-cost revenues. (4) Profitability Ratio Analysis Chaoprayayomarat Hospital Income is lower than cost. It shows that the Chaoprayayomarat Hospital utilizes the assets that are rarely available. As seen from the ratio of 0.12,0.50 and -.07.07, the profit fell. Conclusion : In the analysis of financial information in each aspect, management can use such information to plan the operation. And planning on budgeting for next fiscal year and hospital liquidity analysis should also be measured during the fiscal year, This will allow the agency to plan for billing to be more timely, accurate, and better.