Financial risk management in a medical institution

Introduction. Risk management in medical institutions plays a significant role in improving the availability and quality of healthcare. According to their characteristics, risks are divided into financial, such as budget deficit, inefficient use of resources, cost growth, etc., and non-financial, which are directly related to the provision of healthcare and patient safety. The study presents a systematic approach to financial risk management, including their analysis and development of plans for minimization, personnel training and implementation of information systems for monitoring and control. The importance of continuous monitoring and adaptation of risk management strategies in response to external and internal changes is noted.

Purpose. Analysis of the methodological foundations of financial risk management as applied to medical institutions.

Materials and methods. The study used system analysis when studying scientific reports devoted to risk management in medical institutions; comparative analysis when comparing the features of financial and non-financial risks; statistical analysis when processing data on the financing and activities of medical institutions.

Results. The study of risks and their features is an important step towards creating a sustainable healthcare system. Effective risk management allows ensuring financial stability, improve the quality of services provided and ensure long-term development in an unstable external environment in medical institutions.

Research limitations. When conducting research, there were restrictions on access to financial statements of medical institutions, but they did not have a significant impact on the preparation of the article.

Conclusions. Risk management helps to minimize the adverse consequences of both financial and non-financial risks, such as clinical errors, hospital infections, personnel problems, and reputational risks.

Compliance with ethical standards. The conclusion of the biomedical ethics committee is not required.

Funding. This article was prepared by the author within the framework of the research work “Development of methodological approaches to value-oriented healthcare (VOH) in the city of Moscow”.

Conflict of interest. The authors declare no conflict of interest.

Received: March 26, 2025 / Accepted: June 24, 2025 / Published: October 31, 2025

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