Accounting focuses on recording and reporting numbers. Healthcare financial management involves planning, analysis, compliance, and strategic control over all financial operations in a medical setting.
At Majan medical, we understand that the financial health of your hospital is just as important as the physical health of your patients. Our Financial Management service is designed to help healthcare institutions gain control over their budgets, maximize revenue, reduce costs, and make smarter decisions based on real-time financial data.
With more than 30 years of experience in healthcare operations, we don’t just manage numbers, we manage outcomes.
Financial Management in healthcare is the process of planning, directing, monitoring, organizing, and controlling the financial resources of hospitals and medical institutions. It goes far beyond simple accounting — it’s about ensuring financial efficiency, transparency, and sustainability across every department and process.
Majan medical provides full-spectrum financial solutions that include:
We help you build detailed, data-backed budgets that align with your hospital’s strategic goals. We monitor expenses, flag risks, and keep you on track month after month, quarter after quarter.
UMD optimizes your billing processes reducing errors, accelerating reimbursements, and improving collections. We ensure compliance with insurance regulations, coding standards, and payment timelines.
We manage the full revenue cycle from patient registration and eligibility verification to claims submission and denial management. Our focus is on minimizing delays and maximizing earned revenue.
We deliver regular, transparent reports covering income statements, cash flow, balance sheets, and custom KPIs so your leadership team always has a clear financial picture.
We identify cost-saving opportunities across staffing, supplies, and services. Our goal is to maintain high-quality care while controlling operational overheads.
Our financial experts help you plan long-term investments, expansions, or restructuring initiatives supported by reliable data and market insights.
At Majan medical, we combine industry expertise with advanced financial tools to create a solution tailored for your facility. Whether you’re a private clinic, a multi-specialty hospital, or a public health institution, we adapt our model to suit your scope, goals, and regulations.
We begin with a complete audit of your current financial systems, reports, and challenges.
We design a financial management plan aligned with your goals and healthcare regulations.
We implement tools like ERP systems, RCM software, or billing platforms and train your staff to use them effectively.
Our team actively manages your financial processes or works alongside your internal finance department.
We provide continuous oversight, updates, and improvements based on evolving data and KPIs.
We specialize in healthcare not general accounting. We understand the financial dynamics of hospitals, insurance providers, government contracts, and regulatory compliance.
We’ve helped hospitals reduce financial leakage, lower operational costs, and increase collected revenue by up to 30% within the first year.
We simplify complex numbers into clear dashboards and reports, helping you make smart decisions fast.
We ensure that every process from billing to documentation is in line with local laws and international standards (JCIA, ISO, HIPAA, etc.).