healthcare finance
Healthcare finance refers to the management of funds and resources in the healthcare system. It involves budgeting, funding, and financial planning to ensure that healthcare services are delivered efficiently and effectively. This includes the costs associated with hospitals, clinics, and other medical facilities, as well as the payment systems for healthcare providers.
Additionally, healthcare finance encompasses the ways in which patients pay for services, including insurance plans, out-of-pocket expenses, and government programs like Medicare and Medicaid. Understanding healthcare finance is essential for maintaining the sustainability of healthcare systems and improving access to quality care for patients.