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@article{191305,
        author = {Deepa K and Dr.S.Radhika},
        title = {Financial Management and Organisational Growth in India’s Healthcare Sector: A Commerce Perspective},
        journal = {International Journal of Innovative Research in Technology},
        year = {2026},
        volume = {12},
        number = {8},
        pages = {6503-6510},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=191305},
        abstract = {Financial management is a critical determinant of organisational growth and sustainability, particularly in service-oriented sectors such as healthcare. In India, the healthcare industry has experienced rapid expansion driven by demographic shifts, rising incomes, technological advancements, and increasing demand for quality care. This study examines the interplay between financial management practices and organisational growth in Indian healthcare institutions from a commerce perspective. It highlights key financial strategies, including budgeting, cost control, diversified revenue models, investment in technology, and integration of financial planning with organisational objectives, which collectively enhance operational efficiency, patient care, and institutional resilience. Employee empowerment is identified as a crucial driver, enabling staff to participate in decision-making, optimise resource utilisation, and contribute to both innovation and cost-effective service delivery. The paper also analyses challenges such as funding constraints, regulatory compliance, rising operational costs, and workforce management, and proposes strategic measures to address these issues sustainably. Case examples from Apollo Hospitals, Fortis Healthcare, and AIIMS illustrate the practical application of these strategies in achieving financial stability, technological adoption, and long-term organisational growth. The findings underscore that a strategic, data-driven, and human-centric approach to financial management enables Indian healthcare organisations to balance quality care with economic sustainability, ultimately contributing to the broader development of the sector.},
        keywords = {Financial Management, Organisational Growth, Healthcare Sector, India, Commerce Perspective.},
        month = {January},
        }