Strengthening Financial Resilience in Chinese Public Hospitals: Dynamic capabilities perspective

Abstract

The resilience of the healthcare system directly impacts the quality of public life. This study examines how dynamic capabilities in financial management, including revenue diversification, cost adjustment, budget flexibility, and financial informatization, influence the resilience of public hospitals in China. An online survey was conducted among 197 hospital staff using a seven-point Likert scale, and the collected data were analyzed using SPSSAU and Smart-PLS. The findings indicate that revenue diversification and cost adjustment significantly enhance financial resilience. This study provides valuable insights for policymakers seeking to strengthen hospital resilience and contributes to the existing body of literature on the resilience of healthcare finance.