HEALTHCARE FINANCING AND SUSTAINABILITY IN GHANA: EVIDENCE FROM ADA FOAH MUNICIPALITY

Authors

  • Ampedu Raphael Sawyer Business School, Suffolk University, Boston, U.S.A.
  • Adubofour Isaac School of Finance and Economics, Jiangsu University, Zhenjiang, China
  • Morkporkpor Korsiwor Agorsor Department of Marketing and Corporate Strategy, Kwame Nkrumah University of Science and Technology, Kumasi, Ghana

Keywords:

Public funding, private funding, donor support, healthcare sustainability, government policy.

Abstract

Provision of quality and equitable healthcare is one strategy towards the realization of universal healthcare for all. Whereas many nations have enacted various policies to narrow the gap of access to quality healthcare between rural and urban populations, between the poor and rich, and among various cohorts in the society, the role of policies in financing healthcare seems to influence access and equity to quality healthcare in many developing nations. 340 health professionals in the Ada-Foah Municipality of Ghana were sampled for the study. The study aimed at verifying how funding of medical activities impacts on the sustainability of quality healthcare services in Ghana. Findings of the study revealed a statistically significant relationship between healthcare funding and its sustainability in Ghana. It was further ascertained that government policy statistically moderates the relationship between healthcare financing and sustainability. The study finally discussed its contribution, theoretically and practically.

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Published

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Issue

Vol. 9 No. 4 (2022): EPRA International Journal of Economics, Business and Management Studies (EBMS)

Section

Articles