Financial management of general practitioners practices in Bulgaria: features and challenges

Abstract

Primary Health Care is important for achieving social justice in ideas for people well-being and reducing inequalities in health. Primary Health Care (PHC) is being reached faster and more easily satisfies the basic health needs of people against the backdrop of limited financial resources. PHC in one country could provide care in an effective and fair way, based on general practice, with a key role for the general practitioner.General Practitioners (GPs) are owners and financial managers of their medical practices in the Primary care. Their practices are also small business enterprises providing health services for primary outpatient medical care. The purpose of this article is to analyze the principles and methodology of cash flow management in Primary care (PC). The results present the peculiarities of capital management in Primary care and challenges faced by GPs in their role as owners and managers of their small companies. The cash flows in these medical establishments have been investigated-the limitations and opportunities of GPs to do revenue management. This means they have to be able to manage their revenue within specified deadlines for incomes and to effectively manage costs and without damaging the company's image, to repay their obligations at the latest possible date.

Family Planning and Preconception Care Service Management: The Key Role of Bulgarian GPs

“…Bulgarian GPs are autonomous professionals who operate independently under contract with the National Health Insurance Fund (NHIF) and may conduct individual or group practice. Patients retain the authority to choose their primary healthcare providers [ 28 ]. GPs’ administration of FP and PCC interventions to women of childbearing age and the specific measures included in the administration of FP and PCC interventions to women of childbearing age are not clearly defined [ 29 ].…”