The Role of Financial Management in Health Care: A Critical Analysis
The essay will critically analyze the role of financial management in health care from the perspective of different schools of thought in economics. It will first consider the general features of the health care market and the place of financial management in it, then turn to the analysis of various approaches to the study of health care from the standpoint of economic theory. Two main directions – the theory of perfect competition and the theory of health care services – will be singled out, and the question of clinical research as an integral part of modern health care will also be touched upon.