Fundamentals of Health Care Financial Management: A Practical Guide to Fiscal Issues and Activities 4th Edition, ISBN-13: 978-1118801680
[PDF eBook eTextbook]
- Publisher: Jossey-Bass; 4th edition (July 28, 2014)
- Language: English
- 448 pages
- ISBN-10: 9781118801680
- ISBN-13: 978-1118801680
As in the previous editions, this book introduces students to key practical concepts in fundamental areas of financial management. This innovative introduction to the most-used tools and techniques includes health care accounting and financial statements; managing cash, billings and collections; making major capital investments; determining cost and using cost information in decision-making; budgeting and performance measurement; and pricing.
Also covered in depth are the financial implications of Patient Protection and Affordable Care Act, which will increase patient volume, reduce bad debt, factor quality and patient satisfaction into the financial picture, and significantly affect how hospitals and physicians are paid for services.
Students focusing on the business side of health care will find Fundamentals of Health Care Financial Management: A Practical Guide to Fiscal Issues and Activities, 4th Edition a valuable text for understanding the workings of the health care financial system.
Fundamentals of Health Care Financial Management reveals all the inner workings of health care finance departments in one basic text. In this revised fourth edition, Steven Berger uses his friendly, step-by-step approach to understanding the fundamental theories, tools, and techniques of health care financial management.
At its heart, Fundamentals of Health Care Financial Management is a practical resource that will guide students through the complexities of health care finance, starting with the theoretical essentials and covering all the tools necessary in day-to-day operations, including:
- Health care accounting and basic financial statements necessary in health care organizations of varying sizes
- Major capital investments and strategic, long-term financial planning
- Health care organization tax status and year-end reporting
- Budgeting and performance measurement
- Calculating Medicare and Medicaid adjustments and making allowances for doubtful accounts
- Financial implications of the Affordable Care Act
Using the case of a fictional mid-sized medical center to illustrate the crucial concepts and issues of health care financial management, this fully updated fourth edition of Fundamentals of Health Care Financial Management: A Practical Guide to Fiscal Issues and Activities will help readers quickly understand and absorb the many financial decisions made in health care organizations.
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