Financial realities play an important role in many, if not most, management decisions made in healthcare organizations. Financial acumen is a critical professional competency for all healthcare managers, regardless of the functional area or setting they work in. Fundamentals of Healthcare Finance provides a solid grounding in the principles and tools of accounting and finance that managers use daily. From planning and budgeting to risk analysis and financial reporting, core concepts are clearly explained and supported by real-world examples. This fourth edition has been updated throughout to reflect the most recent payment models and current financial accounting standards. A new chapter describes the role that internal control and governance play in ensuring the accuracy of financial information, as well as strategies for identifying and preventing errors and fraud.
Author(s): Paula H. Song Kristin L. Reiter
Edition: 4
Publisher: Gateway to Healthcare Management
Year: 2022
Language: English
Pages: 560
City: Chicago
Front Matter
Brief Contents
Detailed Contents
Preface
Purpose of the Book
Part I: Foundation Concepts
Chapter 1: Introduction to Healthcare Finance
Chapter 2: Healthcare Business Basics
Chapter 3: Paying for Health Services
Part II: Planning, Managing, and Control
Chapter 4: Estimating Cost
Chapter 5: Pricing Decisions and Profit Analysis
Chapter 6: Planning and Budgeting
Chapter 7: Managing Financial Operations
Part III: Financing and Capital Investment Decisions
Chapter 8: Business Financing and The Cost of Capital
Chapter 9: Captial Investment Decision Basics
Chapter 10: Project Cash Flow Estimation and Risk Analysis
Park IV: Reporting Results
Chapter 11: Reporting Profits
Chapter 12: Reporting Assets, Financing, and Cash Flows
Chapter 13: Assessing Financial Condition
Chapter 14: Internal Control Over Financial Reporting and Effective Board Governance (with Marci Thomas)
Glossary
Index
About the Authors
About the Contributor
