Why is Cash Flow Management Important in Epidemiology?

Cash flow management is essential in epidemiology for several reasons:
- Timely Resource Allocation: Ensures that funds are available for immediate needs like purchasing laboratory supplies or hiring field staff.
- Sustained Research Efforts: Facilitates continuous funding for long-term studies, which is crucial for monitoring trends and evaluating interventions.
- Emergency Preparedness: Provides financial flexibility to respond swiftly to public health emergencies such as outbreaks or pandemics.
- Stakeholder Confidence: Demonstrates financial responsibility to funding bodies, thereby enhancing the likelihood of securing future grants.