Health Finance

Health finance refers to the management of financial resources in the healthcare system. It encompasses the processes of raising funds for health services, allocating financial resources effectively, and managing expenditures related to health interventions. Health finance aims to ensure that adequate financial resources are available to meet the healthcare needs of a population while promoting efficiency, equity, and sustainability in health systems. It includes various mechanisms such as public and private funding, insurance schemes, out-of-pocket payments, and government financing, as well as the allocation of funds to different healthcare services and programs. The ultimate goal of health finance is to improve health outcomes and access to healthcare services while controlling costs and ensuring that financial risks are minimized for individuals and communities.