PDF Ebook Financial Management of Health Care Organizations: An Introduction to Fundamental Tools, Concepts, and Applications
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Financial Management of Health Care Organizations: An Introduction to Fundamental Tools, Concepts, and Applications
PDF Ebook Financial Management of Health Care Organizations: An Introduction to Fundamental Tools, Concepts, and Applications
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Book Description
This new edition of Financial Management of Health Care Organizations offers an introduction to the most-used tools and techniques of health care financial management, including 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. Avoiding complicated formulas and using numerous spreadsheet examples, its pedagogy includes: more advanced information in chapter appendices for those who want to go beyond the basics; a detailed outline beginning each chapter; a summary concluding each chapter; and 'perspectives', real-world situations and events which illustrate concepts discussed in the chapters. Now completely updated, this book provides students with the practical, up-to-date tools they need to succeed in this dynamic field. New to the Second Edition: Key terms and key equations listed at the end of each chapter; each set of key terms now becomes the first question for each chapter Expanded use of marginal definitions and key points Additional questions and problems for the chapters; where possible, problems are provided in pairs so that the first can be used as an example, and the second can become part of an assignment Updated perspectives throughout the text Instructor's Manual available on CD-ROM including all exhibits in PowerPoint and Excel, answers to all problems in PowerPoint and Excel, and working spreadsheet models of exhibits and selected problems for classroom use
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From the Back Cover
This new edition of Financial Management of Health Care Organizations offers an introduction to the most-used tools and techniques of health care financial management, including 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. Avoiding complicated formulas and using numerous spreadsheet examples, its pedagogy includes: more advanced information in chapter appendices for those who want to go beyond the basics; a detailed outline beginning each chapter; a summary concluding each chapter; and 'perspectives', real-world situations and events which illustrate concepts discussed in the chapters. Now completely updated, this book provides students with the practical, up-to-date tools they need to succeed in this dynamic field. New to the Second Edition: Key terms and key equations listed at the end of each chapter; each set of key terms now becomes the first question for each chapter Expanded use of marginal definitions and key points Additional questions and problems for the chapters; where possible, problems are provided in pairs so that the first can be used as an example, and the second can become part of an assignment Updated perspectives throughout the text Instructor's Manual available on CD-ROM including all exhibits in PowerPoint and Excel, answers to all problems in PowerPoint and Excel, and working spreadsheet models of exhibits and selected problems for classroom use
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Product details
Series: An Introduction To Fundamental Tools, Concepts and Applications
Hardcover: 544 pages
Publisher: Wiley-Blackwell; 2 edition (November 1, 2007)
Language: English
ISBN-10: 063123098X
ISBN-13: 978-0631230984
Product Dimensions:
7.8 x 1.4 x 10 inches
Shipping Weight: 2.6 pounds (View shipping rates and policies)
Average Customer Review:
3.4 out of 5 stars
10 customer reviews
Amazon Best Sellers Rank:
#1,599,949 in Books (See Top 100 in Books)
Look, I had to buy this textbook for a Health Care Administration class. I am an MBA/Graduate student in the field. I'm sorry, but this book is outdated now by far, lacks detail, and contains a lot of spelling/grammar errors. If you do not have to buy this book for a class, I suggest you look elsewhere for something more relevant.
I am a nurse by profession and this book was required for my MBA class, I love this book. It was written well, the examples of spreadsheets and other processes were spot on when I struggled to understand the concept..."the pictures were worth a thousand words" Uknown.
For someone who knows little about accounting and finance, it provides a good overview with a slant towards healthcare. Throughout the book, there are sidebars that provide a good perspective of what healthcare organizations are really doing and the issues facing the healthcase industry.For someone who knows accounting and finance, but is new to the healthcare industry, only a third of the book deals with specific healthcare finance issues. The book also seems to be written from a payor's perspective of provider finance, but maybe it's just the nature of the healthcare industry overall. Also, this book was updated in 2003, and given the dynamic nature of the healthcare industry, some topics may not be current.
We used this book for our introductory finance class, and I hated it. Perhaps it's just the outdated edition, but I found that the excercises at the end of each chapter were awful. The book does a poor job of explaining difficult concepts. The book is also boring and drab illustrations. There has to be a better book out there. I quickly sold my edition of this book, as it is terrible.
Article was received in New Condition, on time on target and 1/3 of the school bookstores price.
Starting with understanding financial statements, teaching health care accounting, and progressing to budgeting, cost finding, and payment systems, this book is an outstanding compilation of solid financial management tools and techniques for health care practices.Each chapter includes learning objectives, a summary, key terms, and questions and problems, making it a perfect textbook for both students of health care administration and clinic owners building industrial-grade practice management skills.Yuval Lirov, Practicing Profitability - Billing Network Effect for Revenue Cycle Control in Healthcare Clinics and Chiropractic Offices: Collections, Audit Risk, SOAP Notes, Scheduling, Care Plans, and Coding
This is a very readable and very clear text on finance and managerial accounting, and much better than some of the other texts I have seen and used on the same subject. It has a lot of great examples of finance in healthcare which makes the subject matter more easily understood within the context of other classes in the curriculum. For profit and not for profit issues in managerial accounting are covered which are very valuable and clearly explained. I like the way many of the terms are defined and explained before they are applied in examples and cases later on. A very well laid out text.
A very comprehensive and informative book, even though the examples are for the US it can be used and applied to other countries and systems. Gives a good grounding for financial understanding of healthcare entities. Highly recommend it to anyone looking interested in financial managment of health care organizations
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