Financial Management Practices and Financial Sustainability in Mission Hospitals, Kiambu County, Kenya
| dc.contributor.author | Mwangi, Josphat Karanja | |
| dc.date.accessioned | 2025-03-05T13:14:02Z | |
| dc.date.available | 2025-03-05T13:14:02Z | |
| dc.date.issued | 2024-06 | |
| dc.description | A Research1project Submitted To1-The School Of1business, Economics and Tourism in Partial Fulfilment of the Requirements for the Master of Business Administration (Finance Option) of Kenyatta University, June 2024. Supervisor Eddie1Simiyu | |
| dc.description.abstract | Mission hospitals are vital institutions for providing healthcare services to communities, yet they face significant challenges to their financial sustainability. Factors such as declining donations and shifts in health insurance coverage have led to increased burdens of uncompensated care. This research focused on financial management1practices and their1impact on1financial sustainability in mission hospitals in Kiambu County. Specifically, the study investigated the effectiveness of financial planning and control practices, financing and funding practices, and working capital management practices in maintaining the hospitals' financial viability. Employing a descriptive1cross-sectional study1design, the research1examined the correlation1between these1financial management practices1and the1hospitals' financial1sustainability. Through purposive sampling, critical stakeholders involved in financial decision-making across eleven mission hospitals were targeted, resulting in a sample size of 242 respondents. Data collection involved administering structured questionnaires, followed by rigorous data analysis using SPSS version 22. The study aimed at providing evidence-based insights that inform policy and practice, aiming to strengthen the financial resilience of mission hospitals in Kiambu County. The results from1the multiple1regression model1 (R² = 0.392) indicated1that financial management practices account for 39.2% of the variation in financial sustainability among mission hospitals in Kiambu County. These results emphasize the effect of financial planning and control practices, financing and funding practices, and working1capital management1practices on the1financial sustainability1of the mission hospitals. The study illuminates the moderating influence of health sector regulations, which amplify the effectiveness of these financial1management1practices. Prioritizing the implementation of robust financial1management1practices throughout the mission hospitals is recommended to strengthen financial sustainability and ensure long-term viability. | |
| dc.description.sponsorship | Kenyatta University | |
| dc.identifier.uri | https://ir-library.ku.ac.ke/handle/123456789/29703 | |
| dc.language.iso | en | |
| dc.publisher | Kenyatta University | |
| dc.title | Financial Management Practices and Financial Sustainability in Mission Hospitals, Kiambu County, Kenya | |
| dc.type | Thesis |