Thoroughly revised, this third edition of Financial Management of Health Care Organizations offers an introduction to the most-used tools and techniques of health care financial management. Comprehensive in scope, the book covers a broad range of topics that include an overview of the health care system and evolving reimbursement methodologies; health care accounting and financial statements; managing cash, billings, and collections; the time value of money and analyzing and financing major capital investments; determining cost and using cost information in decision-making; budgeting and performance measurement; and pricing. In addition, this new edition includes information on new laws and regulations that affect health care financial reporting and performance, revenue cycle management expansion of health care services into new arenas, benchmarking, interest rate swaps, bond ratings, auditing, and internal control. This important resource also contains information on the 2007 Healthcare Audit Guide of the American Institute of Certified Public Accountants (AICPA). Written to be accessible, the book avoids complicated formulas. Chapter appendices offer advanced, in-depth information on the subject matter. Each chapter provides a detailed outline, a summary, and key terms, and includes problems in the context of real-world situations and events that clearly illustrate the concepts presented. Problem sets that end each chapter have been updated and expanded to support more in-depth learning of the chapters’ concepts. An Instructor’s Manual, available online, contains PowerPoint and Excel files.
At what required market rate (5, 8, or 15 percent) does the above bond sell at a discount? At a premium? Bond Valuation. ... If required market rates are 7 percent, what is the market price of the bond? b. If required market rates fall ...
This new text provides financial managers with an overview of the financial management of health care organizations. By using an easy-to-read format and presenting a variety of case studies, this...
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.
The Financial Management of Hospitals and Healthcare Organizations
Financial Management in Context -- Organization of Financial Management -- Financial Analysis and Management Reporting -- Tax Status of Healthcare Oganizations -- Third-Party Payment -- Medicare -- Medicaid -- Cost Accounting -- ...
In this book, a world-class editorial advisory board and an independent team of contributors draw on their experience in operations, leadership, and Lean managerial decision making to share helpful insights on the valuation of hospitals in ...
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.
As in the previous editions, this book introduces key practical concepts in fundamental areas of financial management, such as: Rules, regulations, policies, and procedures that influence health care financial management Changes in the tax ...
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 ...
Although Dr. Edwards admits that his patient mix did change somewhat from March to April , he is sure the case - mix ... Costs in April for Dr. Edwards ' patients were $ 4,600 for DRG A and $ 9,300 for DRG B. Although the April cost for ...