In the dynamic and complex healthcare landscape, hospitals face numerous
challenges in ensuring efficient operations, safeguarding assets, and
maintaining compliance with regulatory requirements. Internal control systems
play a pivotal role in addressing these challenges, fostering accountability,
and promoting effective risk management practices within healthcare
organizations. This article delves into the significance of internal control
in hospitals, its components, and its impact on various aspects of hospital
operations.
Internal control is a multifaceted process designed to provide reasonable assurance regarding the achievement of an organization's objectives in operational effectiveness and efficiency, reliable financial reporting, and compliance with applicable laws and regulations [1]. In the context of hospitals, internal control systems are essential for maintaining high-quality patient care, ensuring financial integrity, and mitigating risks associated with healthcare delivery.
