Financial Management of Health Care Organizations: An Introduction to Fundamental Tools, Concepts, and Applications

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.