Abstract:Objective: To establish a financial risk evaluation system in order to help public hospitals face market competition and avoid financial risks in the face of endless new medical reform policies and the continuing impact of COVID-19. Methods: Selecting 19 financial indexes in 5 categories, using analytic hierarchy process to construct financial risk evaluation system. Results: The index with higher index weight was obtained, which caused the focus of hospital financial risk prevention. Conclusion: This paper provides reference for the construction of financial risk evaluation system of public hospitals, hospital managers and decision makers of superior units, and helps the orderly and stable development of medical and health industry, and provides reference for future academic research.