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Introduction to the Financial Management of Healthcare Organizations

Introduction to the Financial Management of Healthcare Organizations - 7th edition

Introduction to the Financial Management of Healthcare Organizations - 7th edition

ISBN13: 9781567939040

ISBN10: 156793904X

Introduction to the Financial Management of Healthcare Organizations by Michael Nowicki - ISBN 9781567939040
Cover type: Paperback
Edition: 7TH 18
Copyright: 2018
Publisher: Assoc. of Univ. Programs in Health Administration
Published:
International: No
Introduction to the Financial Management of Healthcare Organizations by Michael Nowicki - ISBN 9781567939040

ISBN13: 9781567939040

ISBN10: 156793904X

Cover type: Paperback
Edition: 7TH 18
 
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Summary

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 federal fraud and abuse initiatives
Significant new information on healthcare quality, access, and cost
Readers of this 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.

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Other Editions of Introduction to the Financial Management of Healthcare Organizations

Introduction to the Financial Management of Hospitals and Healthcare Organizations by Michael Nowicki - ISBN 9781567936698