Development and Improvement of Financial Management of Health Care Systems through the Introduction of the Accrual Based Accounting System (ABAS) and Double-Entry Book-keeping Method in Public Hospitals.
When European Commission launched a process to support Greece’s reform plans, improving hospital management was one of the major objectives of… Read more
When European Commission launched a process to support Greece’s reform plans, improving hospital management was one of the major objectives of health care reform, in order to ensure enhanced economic efficiency and sound financial performance. This included the use of double entry accounting, the establishment of sound internal control and quality management systems, and the integration of IT systems for the implementation of the double-entry system. Accordingly, the Greek government asked from all national health hospitals’ administrations to strictly follow the procedure of controlling, benchmarking and reporting all financial data (expenses) on a monthly basis. The main objective of the contract was to evaluate and strengthen internal financial controls in public hospitals, in order to produce effective operations, establish reliable financial reporting for the avoidance of fraud and the maintenance of compliance with regulations and laws through the application of double entry accounting.
- Public Sector Technical Assistance
- Investment Planning and Implementation
- Management Consulting Advise and Implementation
