Ahmad Rahbar - Department of Health Services Management, Islamic Azad University, Science and Research Branch, Tehran, Iran
leila Riahi - Department of Health Services Management, Islamic Azad University, Science and Research Branch, Tehran, Iran
Ali Ebraze - Department of Public Health, School of Health, University of Medical Sciences and Health Services Qom. Qom, Iran
Ahmad Reza Izadi - Department of Health Care Management, School of Health, University of Shahr-Kord, Iran

Background & Aims of the Study: The evaluation of financial performance is one of themain tasks of the manager that is very important. Any decision-making and rationalplanning in order to increase the productivity and survey the effect of adopted decision onthe organization performance is in relation to the accurate assessment of financialperformance. The aim of this study was to investigate the process of collection and turnoverof receivables and rules of hospital budget in Qom University of medical sciences duringthe fourth and fifth development plans.Materials and Methods: This is a descriptive-analytic and cross-sectional study. It wasused from researcher-made forms for collecting data. The data after collection fromfinancial filing unit entered to the excel software and then the period of receivablescollection, circulation of receivables,average daily sales and average intake accounts wereanalyzed,using activity ratios formula.Results: Our findings show that during the fourth and fifth development programs, theturnover of receivables decreased from four times to three times in the year and it is lessthan the least standard that is five times in the year. The period of receivables collectionincreased from 72 days to 147 days and it is more than the maximum standard that is 67days. This issue is the indication of bad situations of insurance companies of under-contractwith hospitals in paying of their obligations during study period.Conclusion: The period of collection and turnover of receivables of selected hospitals takesdistance from the standard amount that needs to intervention at the macro level of decisionmaking.This study showed that resorting to legal leverage over the fourth and fifthdevelopment plan have not any impact on the improvement of reimbursement process.Therefore, the practical action of politicians about reformation of insurance’s structure andreview of the ways of financing can be effective.

Receivables collectionTurnover collectionBudget lawsHealth sectorIran