Financial Early Warning System Implementation Strategy for Clinics

Background. Clinics in the healthcare business face various challenges, especially in urban areas where competition with new clinics and large hospitals is intensifying. Continuously changing government regulations, such as accreditation requirements, economic crises, and pandemics further increase operational burdens. Aims. High patient expectations for service quality and pressure from the ASEAN Economic Community (AEC) compel clinics to adapt and survive. To address these challenges, clinics need an Early Warning System (EWS) integrated within the Clinic’s Early Warning System Framework (CEWSF). Methods. The research methods used are descriptive survey and methods Explanatory Survey. Result. CEWSF maps the risks faced by clinics, including financial, health, legal, operational, reputational, and environmental risks, all integrated into a digital information system. However, many clinics, especially smaller ones, do not yet have a Financial Early Warning System (FEWS) to identify and prevent risks. The absence of FEWS leads to slow responses to financial issues. Conclusion. Implementing technology-based EWS, such as data analysis and artificial intelligence, is crucial for maintaining clinics' operational continuity. Implementation. While some countries have adopted FEWS, Indonesia has yet to have hospitals that comprehensively embrace this framework.

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Publication Details

Journal
Journal of Economic Sciences.
Published
2025-03-07
DOI
https://doi.org/10.62885/ekuisci.v2i4.643
Primary Topic
Diverse Approaches in Healthcare and Education Studies
Type
article
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article

Financial Early Warning System Implementation Strategy for Clinics

Purwadi Purwadi, Zaenal Abidin Ahmad, Catur Setiya Sulistiyana, Yani Yani
Journal of Economic Sciences.
Diverse Approaches in Healthcare and Education Studies
article

Financial Early Warning System Implementation Strategy for Clinics

Purwadi Purwadi, Zaenal Abidin Ahmad, Catur Setiya Sulistiyana, Yani Yani
article en

Abstract

Background. Clinics in the healthcare business face various challenges, especially in urban areas where competition with new clinics and large hospitals is intensifying. Continuously changing government regulations, such as accreditation requirements, economic crises, and pandemics further increase operational burdens. Aims. High patient expectations for service quality and pressure from the ASEAN Economic Community (AEC) compel clinics to adapt and survive. To address these challenges, clinics need an Early Warning System (EWS) integrated within the Clinic’s Early Warning System Framework (CEWSF). Methods. The research methods used are descriptive survey and methods Explanatory Survey. Result. CEWSF maps the risks faced by clinics, including financial, health, legal, operational, reputational, and environmental risks, all integrated into a digital information system. However, many clinics, especially smaller ones, do not yet have a Financial Early Warning System (FEWS) to identify and prevent risks. The absence of FEWS leads to slow responses to financial issues. Conclusion. Implementing technology-based EWS, such as data analysis and artificial intelligence, is crucial for maintaining clinics' operational continuity. Implementation. While some countries have adopted FEWS, Indonesia has yet to have hospitals that comprehensively embrace this framework.

Journal of Economic Sciences.Vol. 2(4)
Openalex Percentile: Top 89%
Diverse Approaches in Healthcare and Education Studies
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Financial Early Warning System Implementation Strategy for Clinics — Purwadi Purwadi, Zaenal Abidin Ahmad, et al. · Journal of Economic Sciences. (2025) | TGRS Research Map | TGRS