Financial information disclosure is the weak link in public hospitals information disclosure, information provided to outside by hospitals is priority to basic medical information, opaque finance will hinder the reform of public hospitals and benign development. This paper analyzes the impact on operation management, transparency, and compensation of public hospitals financial information disclosure, points out that published financial information can strengthen public hospitals’ internal control because of financial work well informed and participation by all staff, reinforce the external supervision of public hospitals with hardening budget and cost constraints.