Control and Management of Funds at the Health Service: Empirical Evidence from Ghana

Abstract

The goal of the research is to evaluate the control and management of funds for the Ghana Health Service. The precise goals were to examine the relationship between budget practices and control and management of funds, to analyze the relationship between financial accountability and control and management of funds, and to assess whether the financial control system affects the control and management of funds. The survey method was used in an investigation a total of 100 employees from the Atua Government Hospital's population of 323 were used in the study. A panel data regression was used to analyze the questionnaire with a carefully constructed model. The result showed that budgetary practices have a substantial impact on the control and management of funds. This indicates that as improved financial procedures are implemented the amount of excellent healthcare given increases. The report also found that the Atua Government Hospital had high budgetary practices. It is advised that the administration of the Atua Government Hospital follow the proposed control measure standard matrix which will serve as a blueprint standard procedure to help the Atua hospital and other hospitals in Ghana to develop a budgeting accounting procedure in the areas of plans and budgets, Finally, it is recommended that the management of the Atua Government Hospital should develop a plan to review their financial management practices regularly to meet global standards.