Condition: BRAND NEW
ISBN: 9781118801680
Year: 2014
Publisher: John Wiley & Sons Inc (US)
Pages: 448


Description:
Learn the essentials of finance theory and practice with the
tools needed in day-to-day practice


In this thoroughly revised and updated fourth edition of
Fundamentals of Health Care Financial Management, consultant
and educator Steven Berger offers a practical step-by-step approach
to understanding the fundamental theories and relationships guiding
financial decisions in health care organization. Using cases set in
a fictional mid-sized hospital, the book takes the reader into the
inner workings of the finance executive's office.


As in the previous editions, this book introduces students to
key practical concepts in fundamental areas of financial
management. This innovative introduction to the most-used tools and
techniques includes 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.


Also covered in depth are the financial implications of Patient
Protection and Affordable Care Act, which will increase patient
volume, reduce bad debt, factor quality and patient satisfaction
into the financial picture, and significantly affect how hospitals
and physicians are paid for services.


Students focusing on the business side of health care will find
Fundamentals of Health Care Financial Management: A Practical
Guide to Fiscal Issues and Activities, 4th Edition a
valuable text for understanding the workings of the health care
financial system.