In today’s time the key challenge faced by the Healthcare Industry is to find the perfect governing balance in Healthcare Financial Management with enhanced efficiency and accountability. At the same time new challenges are equally emerging in the shared services such as budgeting, growth planning, cost-effectiveness and benchmarking. The importance of financial management in healthcare organizations is clear: people who run medical practices of any sort need specific taskforce to handle the business and financial aspects of operating a medical facility. With strategic cost-reduction efforts and unconventional revenue-generating ideas, healthcare facilities have a chance to extend profitability, improve patient care, and supply ample job opportunities within the subsequent years.

___________________________________________________________________________________

Keywords: Healthcare Financial Management, Operational Efficiency, Technology, Care, Revenue.