The use of special bond funds by public hospitals to conduct accounting in the subject of “fiscal appropriation in- come” will reduce the quality of hospital accounting information, invalidate the analysis of hospital debt repayment ability, and affect the performance evaluation of public hospitals. It is suggested that the special bonds should be included in the hospital liability ac- counting when the public hospitals use the special bonds, which is conducive to improving the quality of hospital accounting informa- tion, to increase the comparability of hospital accounting statements, accurately evaluate the performance of public hospitals, and im- prove the awareness and ability of financial risk prevention.