Victorian hospitals remove key financial indicators from reports

smh.com.au [$]

Victorian hospitals have removed key financial transparency indicators from their annual reports, sparking concerns about accountability. Two crucial measures, days of cash on hand and average payment times for trade creditors, were absent from the latest reports, despite being present last year. Several hospitals reported negative cash reserves. Critics argue this lack of transparency hinders understanding of hospital financial health, particularly for small businesses supplying services. The government stated reporting measures can vary annually.


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Victorian hospitals remove key financial indicators from reports | News Minimalist