The Impact of Budget Management and Expenditure Control on Financial Transparency and Fund Utilization Efficiency – A Case Study of Zhengzhou People’s Hospital, China

Abstract

Globally, with the rapid economic development and the increasing issue of an aging population, the demand for healthcare services continues to rise, leading to the continuous escalation of medical costs. Controlling healthcare expenses has become a major task in the healthcare reforms of many countries. In this context, improving hospital financial transparency and fund utilization efficiency through effective management practices has become a central issue in the reform of healthcare systems in various regions. The objective of this study were: 1) To examine the impact of budget management measures on financial transparency and fund utilization efficiency at Zhengzhou People’s Hospital; 2) To examine the impact of expenditure control measures on financial transparency and fund utilization efficiency at Zhengzhou People’s Hospital.
This study adopted a quantitative research approach, with the independent variables being 1) budget management, and 2) expenditure control, while the dependent variable was financial transparency and fund utilization efficiency at Zhengzhou People’s Hospital. The study used a simple random sampling method, with 119 completed questionnaires, ensuring that the results were statistically significant and fully reflected the relationship between budget management, expenditure control, and hospital financial performance.
The findings highlight that: 1) Budget management measures have an impact on improving financial transparency and fund utilization efficiency at Zhengzhou People’s Hospital; 2) Expenditure control measures also have a positive impact on financial transparency and fund utilization efficiency. It was found that both budget management and expenditure control measures play a positive role in enhancing hospital financial transparency and fund utilization efficiency.
Recommendations include: optimizing the budget management system and strengthening the refinement and enforcement of expenditure control measures. By reinforcing budget management and expenditure control, Zhengzhou People’s Hospital can not only enhance the transparency of its financial management but also optimize the efficiency of fund usage, ensuring the hospital’s financial health and sustainable development. These management measures are crucial for the long-term development of the hospital and are worth further promotion and application.

Keywords: budget management, expenditure control, financial transparency, fund utilization efficiency

6617195709 Sun Zhuoran, 2568 (2025). Advisor: ดร.จิดาภา ชลธารรัตนพงศ์ – Dr. Jidapa Chollathanrattanapong, สารนิพนธ์ (Independent Study), The Impact of Budget Management and Expenditure Control on Financial Transparency and Fund Utilization Efficiency – A Case Study of Zhengzhou People’s Hospital, China , นำเสนอในที่ประชุมวิชาการ (Conference), The 18th National and International Academic Conference 2025, ปริญญาโท (Master’s Degree), บัณฑิตวิทยาลัย (Graduate School), Master of Business Administration, Finance and Accounting, Siam University, Bangkok, Thailand – มหาวิทยาลัยสยาม กรุงเทพมหานคร ประเทศไทย