Healthcare finance refers to the management of funds and financial resources in the healthcare sector. It encompasses the planning, acquisition, allocation, and utilization of financial resources to ensure that healthcare providers can offer services while maintaining fiscal responsibility. This field includes various aspects such as budgeting, accounting, revenue cycle management, financial analysis, and funding for healthcare programs. Healthcare finance is crucial for both public and private healthcare organizations, as it affects the affordability, accessibility, and quality of care provided to patients. It involves understanding reimbursement models, insurance processes, and regulatory requirements to navigate the financial challenges faced by healthcare entities. Effective healthcare finance management is essential for sustaining operations, investing in new technologies, and improving patient outcomes within the healthcare system.
BioNTech's Q4 2024 profit dropped, earning €1.08 per share from a previous €1.90, yet exceeded market expectations (€0.407). Revenue decreased to €1.19 billion from €1.479 billion, surpassing predictions (€1.093 billion).…