
Financial Management of Health Care Organizations
An Introduction to Fundamental Tools, Concepts and Applications
- English
- ePUB (mobile friendly)
- Available on iOS & Android
Financial Management of Health Care Organizations
An Introduction to Fundamental Tools, Concepts and Applications
About this book
This thoroughly revised and updated Fifth Edition of Financial Management of Health Care Organizations offers an introduction to the tools and techniques of health care financial management. The book covers a wide range of topics, including information on the health care system and evolving reimbursement methodologies; health care accounting and financial statements; managing cash, billings, and collections; the time value of money and analyzing and financing major capital investments; determining cost and using cost information in decision-making; budgeting and performance measurement; and pricing.
The revised edition covers new accounting changes for nonprofit hospitals with respect to net asset accounts, and includes an array of new financial statement problem sets for nonprofit hospitals. These changes also required major changes to the recording of financial transactions and implementing the latest financial ratio benchmarks.
With the newest payment developments in the health care landscape, this new edition updates changes to Medicare and commercial payment systems. The passage of the new tax law also impacted hospital capital markets and for-profit hospital tax rates. This latest edition explains the impact of this tax law change on tax-exempt hospital bonds purchased by banks, as well as presenting problem sets featuring the new taxes law. Finally, changes in lease financing reporting are also addressed in this edition.
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Information
Table of contents
- Cover
- Table of Contents
- PREFACE
- ACKNOWLEDGMENTS
- THE AUTHORS
- CHAPTER 1: THE CONTEXT OF HEALTH CARE FINANCIAL MANAGEMENT
- CHAPTER 2: HEALTH CARE FINANCIAL STATEMENTS
- CHAPTER 3: PRINCIPLES AND PRACTICES OF HEALTH CARE ACCOUNTING
- CHAPTER 4: FINANCIAL STATEMENT ANALYSIS
- CHAPTER 5: WORKING CAPITAL MANAGEMENT
- CHAPTER 6 THE TIME VALUE OF MONEY
- CHAPTER 7: THE INVESTMENT DECISION
- CHAPTER 8: CAPITAL FINANCING FOR HEALTH CARE PROVIDERS
- CHAPTER 9: USING COST INFORMATION TO MAKE SPECIAL DECISIONS
- CHAPTER 10: BUDGETING
- CHAPTER 11 RESPONSIBILITY ACCOUNTING
- CHAPTER 12 PROVIDER COST‐FINDING METHODS
- CHAPTER 13: PROVIDER PAYMENT SYSTEMS
- GLOSSARY
- USEFUL WEBSITES
- INDEX
- End User License Agreement