A clear introduction to healthcare financial managementĀ Using the same nontechnical approach as previous editions, this book introduces nonfinancial managers to the fundamental concepts and skills necessary to cost-effectively manage operations.
Revised to include new developments in the field
New and revised material includes:
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The financial impact of patient safety The public's concern about accounting integrity The costs associated with charity care policies resulting from the rising number of uninsured The growing need to reduce operating expenses due to Medicare margins How to bridge the gap between strategic planning and budgeting The consumer movement and the impact on pricing policies How Medicare and Medicaid have been affected by the Deficit Reduction Act of 2005 and the Tax Relief and Healthcare Act of 2006 Various state proposals for healthcare reformĀ
Why this book is a popular classroom tool
Uses a nontechnical and succinct approach ideal for nonfinancial managers Looks at financial issues in a variety of healthcare settings Modular chapters allow professors to teach in any order Companion casebookĀ (click here for the casebook)Ā provides numerous practice problems to help students build their quantitative skills Concise appendices review the key concepts in economics, accounting, and statistics for students without prerequisite knowledge