Main Article Content

Abstract

Purpose: This study aims to analyze research trends in the hospital financial risk management literature during the era of economic uncertainty using a bibliometric analysis and a systematic literature review. It focuses on identifying dominant themes, theoretical perspectives, methodological approaches, and emerging trends in hospital financial sustainability, enterprise risk management, adaptive governance, and digital transformation within healthcare organizations.


Research Design and Methodology: This study employed a Systematic Literature Review combined with bibliometric analysis, following the PRISMA protocol, including the identification, screening, eligibility, and inclusion stages. Data were collected from Google Scholar, ScienceDirect, Wiley Online Library, and Scopus using keywords related to hospital financial risk management, financial sustainability, healthcare governance, and economic uncertainty. A total of 30 articles published between 2020 and 2025 were analyzed using VOSviewer.


Findings and Discussion: The findings show that research has shifted from traditional financial efficiency and cost management toward integrated governance, organizational resilience, and technology-driven sustainability. Four thematic clusters were identified: financial sustainability and operational efficiency; enterprise risk management and resilience; bibliometric mapping; and digital transformation in healthcare governance.


Implications: This study emphasizes the importance of sustainability-oriented governance, enterprise risk management, and digital transformation in strengthening hospital financial resilience. It also provides bibliometric mapping and future research directions on adaptive governance and technological innovation in healthcare organizations.

Keywords

Hospital Financial Risk Management Economic Uncertainty Bibliometric Analysis Vosviewer Financial Sustainability Enterprise Risk Management Healthcare Governance Digital Transformation

Article Details

How to Cite
Purnamasari, E. A. I., Hayya, L. N., Bakri, A. H., Rezky, A., & Kosasih, K. (2025). Bibliometric Analysis of Hospital Financial Risk Management Literature in the Era of Economic Uncertainty Based on VOSviewer. Advances in Human Resource Management Research, 3(3), 202–221. https://doi.org/10.60079/ahrmr.v3i3.862

References

  1. Gandhi, W. P., & Pribadi, F. (2025). A Bibliometric Analysis of Hospital Financial Performance: Emerging Trends and Future Directions. Asia Pacific Journal of Health Management, 20(2). https://doi.org/10.24083/apjhm.v20i2.4353
  2. Dany, Y. A., & Pribadi, F. (2024). Research Trend On Healthcare (Hospital Financial) Failure And Activity-Based Costing Methods: A Bibliometric Analysis. Jurnal Riset Kesehatan, 13(2), 169–178. https://doi.org/10.31983/jrk.v13i2.12206
  3. Sae-Lim P, Na Ayudhaya S. Beyond Patient Safety Goal Towards Hospital Sustainable Risk: A Systematic Review on the Evolution of Hospital Risk Management. Open Public Health J, 2024; 17: e18749445284229. http://dx.doi.org/10.2174/0118749445284229240313062944
  4. Ionescu, Ș., Dumitrescu, G., Ioanăș, C., & Delcea, C. (2024). Mapping the Landscape of Key Performance and Key Risk Indicators in Business: A Comprehensive Bibliometric Analysis. Risks, 12(8), 125. https://doi.org/10.3390/risks12080125
  5. Jadwani, B., Parkhi, S., & Mitra, P. K. (2024). Operational Risk Management in Banks: A Bibliometric Analysis and Opportunities for Future Research. Journal of Risk and Financial Management, 17(3), 95. https://doi.org/10.3390/jrfm17030095
  6. Iswardhani, I., & Rahmat, M. R. (2025). Visualisasi tren penelitian risiko keuangan: Pendekatan bibliometrik dengan VOSviewer. EKOMA: Jurnal Ekonomi, Manajemen, Akuntansi, 7(4), 88-101. https://doi.org/10.56799/ekoma.v4i4.8918
  7. Indri Iswardhani. (2025). Pemetaan Bibliometrik Penerapan ISO 31000: 2018 sebagai Standar Manajemen Risiko : Analisis Visual Berbasis VOSviewer. Jurnal Bintang Manajemen, 3(3), 122–140. https://doi.org/10.55606/jubima.v3i3.4168
  8. Muharromah, I. H., Irianto, G., & Djamhuri, A. (2025). Bibliometric Analysis Of Anticipating Digital Financial Report Fraud Using Vosviewer. Jurnal Reviu Akuntansi Dan Keuangan, 15(1). https://doi.org/10.22219/jrak.v15i1.37745
  9. Budianto, E. W. H. (2023). Research Mapping of Credit Risks in Islamic and Conventional Banking: VOSviewer Bibliometric Study and Literatur Review. BANCO: Jurnal Manajemen dan Perbankan Syariah, 5(1), 20–34. https://doi.org/10.35905/banco.v5i1.4987
  10. Bratiloveanu, A., Ignat, N. D., & Croitoru, I. M. (2023). Investment Risk–Bibliometric Analysis at the Level of EU States. Valahian Journal of Economic Studies, 14(2), 23–38. https://doi.org/10.2478/vjes-2023-0013
  11. Wang Liu-Fang, Huang Yu-Ni, Wang Richard Sze-Wei, et al.Global Research of Medical Technology Management: A Bibliometric Analysis[J].Chinese Medical Sciences Journal,2025,40(02):120-131.doi: https://dx.doi.org/10.24920/004456
  12. Singh A, Ravi P (2023). "Lean six-sigma (LSS) applications in hospitals: a decade (2011–2020) bibliometric analysis". International Journal of Productivity and Performance Management, Vol. 72 No. 8, pp. 2270–2291, doi: https://doi.org/10.1108/IJPPM-07-2021-0432
  13. Haryanto, L. M., Setyonugroho, W., & Suanrueang, P. (2023). Analysis of Barriers Implementation Health Information Technology Using Vosviewer: A Bibliometric Study. JMMR (Jurnal Medicoeticolegal Dan Manajemen Rumah Sakit), 12(3), 312–323. https://doi.org/10.18196/jmmr.v12i3.11
  14. Agrawal G, Kumar A (2025). "Public health insurance for the elderly: an insight from bibliometric analysis". Int J Health Care Qual Assur, Vol. 38 No. 2 pp. 94–111, doi: https://doi.org/10.1108/IJHCQA-03-2023-0019
  15. Nayak NR, Patra AK, Praharaj A, Chhatoi BP (2025). "Global perspective on hospital service quality research: a bibliometric overview". Leadersh Health Serv (Bradf Engl), Vol. 38 No. 4, pp. 529–544, doi: https://doi.org/10.1108/LHS-02-2025-0034
  16. Kanaparthi, V. (2024). Transformational application of Artificial Intelligence and Machine learning in Financial Technologies and Financial services: A bibliometric review. https://doi.org/10.48550/arXiv.2401.15710
  17. Teixeira JF, Rodrigues LL (2022). "Earnings management: a bibliometric analysis". International Journal of Accounting and Information Management, Vol. 30 No. 5 pp. 664–683, doi: https://doi.org/10.1108/IJAIM-12-2021-0259
  18. Özdemir M, Selçuk M (2021). "A bibliometric analysis of the International Journal of Islamic and Middle Eastern Finance and Management". International Journal of Islamic and Middle Eastern Finance and Management, Vol. 14 No. 4, pp. 767–791, doi: https://doi.org/10.1108/IMEFM-06-2020-0277
  19. Daniel Amos, Cheong Peng Au-Yong, Zairul Nisham Musa, The mediating effects of finance on the performance of hospital facilities management services, Journal of Building Engineering, https://doi.org/10.1016/j.jobe.2020.101899
  20. Cheng Peng, Miao He, Sarah L Cutrona, Catarina I Kiefe, Feifan Liu, Zhongqing Wang, Theme Trends and Knowledge Structure on Mobile Health Apps: Bibliometric Analysis, JMIR mHealth and uHealth. https://doi.org/10.2196/18212
  21. Adeabah, D., Abakah, E. J. A., Tiwari, A. K., & Hammoudeh, S. (2023). How far have we come and where should we go after 30+ years of research on Africa's emerging financial markets? A systematic review and a bibliometric network analysis. Emerging Markets Review, 55, 101030. https://doi.org/10.1016/j.ememar.2023.101030
  22. Kumari, A., & Singh, M. P. (2023). A journey of social sustainability in organization during MDG & SDG period: A bibliometric analysis. Socio-Economic Planning Sciences, 88, 101668. https://doi.org/10.1016/j.seps.2023.101668
  23. Patipan Sae-Lim, Sirintata (Pongpech) Singhara Na Ayudhaya, Beyond Patient Safety Goal Towards Hospital Sustainable Risk: A Systematic Review on the Evolution of Hospital Risk Management, The Open Public Health Journal. https://doi.org/10.2174/0118749445284229240313062944