The finance and Accounts Division of Malabar Cancer Centre is involved in planning, budgeting, accounting, financial reporting, and internal controls including internal audit, procurement, disbursement of funds, and monitoring the physical and financial performance, with the main aim of managing resources efficiently and achieving pre-determined objectives. Sound financial management is a critical input for decision-making and programme success. Accurate and timely financial information provides a basis for informed decisions about the programme, and fund release and assists in reducing delays in necessary delays in the implementation of various activities.
Malabar Cancer Centre is an autonomous non-profit organization under the Department of Health & Family Welfare, focusing on quality healthcare in oncology, with an affordable cost index or nil out-of-pocket expenditure. In general 15-20% of maintenance /operational expenditure, including staff salary, is supported by the Government. The rest of the operation cost of MCC needs to be met by its funds. The service rates are fixed accordingly to cover the rest of the expenditure (80-85%),which is not provided by the Government through the Non-plan head  
To prevent treatment burden over beneficiary, the treatment expenditure for said 80-85% is fixed on a clear-cut study with a break-even index. Moreover, all major treatment schemes have been supported by MCC, especially KarunyaArogyaSurakshaPathathi(KASP), KarunyaBenevolent Fund (KBF), and Employees State Insurance (ESI), Cancer Suraksha Scheme (CSS), Snehasanthwanam, etc. As these insurance schemes are not fully covering the treatment cost, the rest of the expenditure is borne by MCC from their pocket which is considered as “Out of Package”. Hence MCC is struggling to achieve break even, which will be continued in the next financial year also.
 

1.    Gold Certification (B PMJAY Quality Certification programme is a joint initiative by NHA and Quality Council of India)-Malabar Cancer Centre is the first Government hospital in Kerala to get a Gold Quality Certificate.  Certificate No. G-2021G-00084,  Valid up to 31-07-2023
2.    CSR Certification – Ministry of cooperate affairs- For Spending and Receiving funds from companies under the Companies Act 2013, CSR certification is mandatory as per the recent amendments of MOC. Registration number is CSR00010773
3.    12 A Certification from Income Tax Department. 12 A Renewed Registration vide Unique Registration Number AAATM4095KE19999, Valid up to2026-27
4.    80 G Certification from Income Tax Department- 80 G Vide Unique Registration Number AAATM4095KF20110 Valid up to2026-27
5.    Registered under section 35 Income Tax Act as Scientific and Research Organization vide Registration no. AAATM4095KG20217&is valid till Assessment Year 2026-2027