Introduction to the Financial Management of Healthcare OrganizationsTo succeed in an increasingly competitive environment, healthcare managers require a full toolbox of knowledge and abilities. Yet, many managers lack financial skills or an understanding of how to apply them to their work. Introduction to the Financial Management of Healthcare Organizations offers a fundamental overview of how financial management works in healthcare organizations. Designed for healthcare management students, clinical students, and managers new to healthcare, the book reinforces basic concepts through mini-case studies, practice problems, and self-quizzes. A comprehensive case at the end of the book draws on information presented throughout the chapters to help readers apply their newfound financial skills to real-world healthcare scenarios. This heavily revised edition features current data and updated content on economics, financial accounting, laws, and regulations. Organized into modules, the book allows instructors to use the chapters that are best suited to their course and in the order that they prefer. Chapter one appendices highlight introductory content and terminology exploring statistics, economics, and financial accounting. New topics in this edition include: The status of Medicaid expansionChanges in GAAP (generally accepted accounting principles)Fraud and abuse initiatives and settlementsPayment reform, such as value-based purchasing initiatives and pricing transparency lawsHealthcare reform efforts, including early indications of President Biden’s agendaCOVID-19 relief efforts and issues exposed by the pandemic Each of the book’s chapters concludes with a summary of key points and discussion questions, encapsulating what readers are learning. The concepts and practical skills learned from this book will better equip readers to manage—and solve—the day-to-day financial problems they will face throughout their careers.Additional ISBNs9781567939040, 9781640552807Introduction to the Financial Management of Healthcare Organizations 8th Edition is written by Michael Nowicki and published by Gateway to Healthcare Management. ISBNs for Introduction to the Financial Management of Healthcare Organizations are 9781640552784, 1640552782 and the print ISBNs are 9781640552821, 1640552820. Additional ISBNs include 9781567939040, 9781640552807.
Introduction to the Financial Management of Healthcare Organizations
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Introduction to the Financial Management of Healthcare Organizations
$39.99
Introduction to the Financial Management of Healthcare OrganizationsInstructor Resources: Test bank, PowerPoint slides, answer guides for the in-book discussion questions and case, and a transition guide to the new edition. Financial management challenges are not confined to the CFO’s office. Any manager in today’s increasingly complex healthcare environment must have a solid grasp of finance fundamentals, and this book provides them. In straightforward language aimed at students and managers outside of finance, Introduction to the Financial Management of Healthcare Organizations covers a full range of topics. The first four sections—Financial Management, Operating Revenue, Working Capital, and Resource Allocation—start with core financial concepts, then delve into issues unique to the healthcare setting. Highlights include the tax status of healthcare organizations, third-party payers and payment methodologies, cost accounting and analysis, rate setting, strategic financial planning, and capital budgeting. A final section on healthcare reform analyzes important trends that will affect healthcare organizations in the future. New to this edition: The latest information on health reform, including the Affordable Care Act of 2010 and the Medicare Access and CHIP Reauthorization Act of 2015 A new section on the Trump administration’s plans for healthcare, including possible scenarios for the ACA Updates on financial accounting standards, economic trends, and tax-exempt hospitals Expanded content on Medicare and Medicaid (now separated into distinct chapters), including legislative and regulatory updates and federalis book will not only learn the fundamentals of financial management but also gain experience in applying them. Mini-cases, practice problems, and self-quizzes throughout reinforce essential concepts, and a comprehensive case at the end brings the concepts to life.Read MoreIntroduction to the Financial Management of Healthcare Organizations 7th Edition is written by Michael Nowicki and published by Health Administration Press. ISBNs for Introduction to the Financial Management of Healthcare Organizations are 9781567939057, 1567939058 and the print ISBNs are 9781567939040, 156793904X.
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