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Authors:
Ooroubah Mahmoud, Sama Faron, Firas Barakat, Mohammed Bayyoud, Nidal Darwish, Nermeen Ahmad Sayyad, Palestine
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Abstract:
This study aimed to assess the
reality of financial risk management in Palestinian hospitals, case of
Al-Makassed Islamic Charitable Hospital in Jerusalem. Cross-Sectional
Descriptive Analytic designs were used in this study at the Al-Makassed Islamic
Charitable Hospital in Jerusalem. All employees in the administrative and
financial department equal 32 and 60 patients, equally divided for open and
closed units at Al-Makassed Islamic Charitable Hospital. Total mean for
employee’s agreement toward finance equals 3.18
(Std. Dev. =1.04) who considered moderate
agreement. Total mean for employees’ agreement toward Profitability equals 2.56
(Std. Dev. =1.19) who considered moderate agreement. Total mean for employees’
agreement toward Effects of Financial Risk equal 4.37 (Std. Dev. = 0.2) who
considered High agreement. Total mean for patients’ agreement toward the
financial part of Economic factors when deciding to treat in Al-Makassed hospital
equal 3.45 (Std. Dev. =1.26) who considered high agreement. Total mean for
patients’ agreement toward the Suitability of Prices in Al-Makassed hospital
equals 3.40 (Std. Dev. =1.12) who considered high agreement. According to the
results, there was a strong positive relationship between financial risk
management and a hospital’s ability to maintain the quality and safety of
patients care. For hospital employees there is a moderate agreement with the
financial dimension and profitability dimension, however, there is a 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, based
on the suitability of prices.
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