Financial Management in NHS
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Sources of funding
There are different sources of financing that the hospital uses to finance its operations. The hospital uses both internal and external sources to fund its operations.
One of the internal sources of financing that the hospital utilizes is the revenue that is collected from the services offered to both inpatients and outpatients. The second source of internal finance that the company uses is the sale of fixed assets that are not require in the hospital. The hospital on annual basis carries out an evaluation of the assets that it no longer requires and disposes them as a way of financing its operations.
The hospital further uses external methods of financing its activities. One of the main sources of finance is through the use of bank loans and overdrafts. The company seeks for both long-term and short-term loans to finance its operations. Other sources include government grants and charities from non-governmental institutions.

Financial stakeholders and their various expectations
Stakeholders are referred to those individuals who have an interest in the running of Moorfield’s Eye hospital. These stakeholders may commit their resources towards running of the hospital directly or indirectly.
Volunteers
Volunteers are individuals who offer their services for free in the organization. They may either offer free services or give money to the hospital without expecting any returns.
These volunteers have various expectations