Introduction To The Financial Management Of Healthcare Organizations

Author : Michael Nowicki
Publisher : Gateway to Healthcare Management
Page : 0 pages
File Size : 43,5 Mb
Release : 2014-06
Category : Economics
ISBN : 1567936695

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Introduction to the Financial Management of Healthcare Organizations by Michael Nowicki Pdf

Instructor Resources: Test bank, PowerPoint slides, answers to discussion questions and case studies, and a transition guide to the new edition. Introduction to the Financial Management of Healthcare Organizations presents financial management in the context of the healthcare organization and the broader healthcare environment. In addition to core financial management topics, the unique aspects of finance in healthcare are covered, including the objectives of healthcare financial management, the tax status of healthcare organizations, and third-party payers and payment methodologies. Practice and self-quiz problems are integrated into the book to provide the opportunity to practice the application of financial concepts and skills. Problems and mini-cases within the chapters and a comprehensive wrap-up case at the end of the book give readers additional practice. New to this edition: New data on health economics and health accounting Updates on the changes caused by the Affordable Care Act, including requirements for tax-exempt hospitals and organizational billing and collection policies New data on health economics and health accounting New information on capitation, entitlement reform, cost-benefit and cost-effectiveness analyses, and financial statements Recent legal action related to the distinctions between for-profit and not-for-profit hospitals Information regarding federal government actions against providers on fraud and abuse allegations At the end of every chapter, important points and discussion questions encourage readers to summarize and engage in learning.

Author : William N. Zelman,Michael J. McCue,Noah D. Glick
Publisher : John Wiley & Sons
Page : 925 pages
File Size : 45,6 Mb
Release : 2009-09-28
Category : Medical
ISBN : 9780470522912

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Financial Management of Health Care Organizations by William N. Zelman,Michael J. McCue,Noah D. Glick Pdf

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.

Author : Michael Nowicki
Publisher : Hap/Aupha Health Administration Press
Page : 484 pages
File Size : 55,5 Mb
Release : 2017-07
Category : Health facilities
ISBN : 156793904X

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Introduction to the Financial Management of Healthcare Organizations by Michael Nowicki Pdf

Author : William N. Zelman,Michael J. McCue,Noah D. Glick
Publisher : John Wiley & Sons
Page : 643 pages
File Size : 53,9 Mb
Release : 2009-09-15
Category : Medical
ISBN : 9780470522899

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Financial Management of Health Care Organizations by William N. Zelman,Michael J. McCue,Noah D. Glick Pdf

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.

Author : Michael Nowicki
Publisher : Unknown
Page : 500 pages
File Size : 49,7 Mb
Release : 2021-07-25
Category : Medical
ISBN : 1640552820

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Introduction to the Financial Management of Healthcare Organizations, Eighth Edition by Michael Nowicki Pdf

"This book offers a fundamental overview of how financial management works in healthcare organizations. Designed for healthcare management students, clinical students, and managers new to healthcare, the book reinforces basic concepts through mini-case studies, practice problems, and self-quizzes. A comprehensive case at the end of the book draws on information presented throughout the chapters to help readers apply their newfound financial skills to real-world healthcare scenarios"--

Author : Louis C. Gapenski,Kristin Leanne Reiter
Publisher : Unknown
Page : 739 pages
File Size : 45,9 Mb
Release : 2016
Category : Health facilities
ISBN : 1567937411

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Healthcare Finance by Louis C. Gapenski,Kristin Leanne Reiter Pdf

The essential concepts of both accounting and financial management are covered in this best-selling healthcare finance book. Through clear explanations, numerous examples, and realistic practice problems, it arms future managers with the grounding they need to make financially sound decisions for their healthcare organizations. This thoroughly updated edition provides more emphasis on the unique marketplace for healthcare services and additional examples from nonhospital settings, including medical practices, clinics, home health agencies, nursing homes, and managed care organizations.

Author : Michael Nowicki
Publisher : Unknown
Page : 0 pages
File Size : 52,8 Mb
Release : 2007-08
Category : Health facilities
ISBN : 8182742722

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The Financial Management of Hospitals and Healthcare Organizations by Michael Nowicki Pdf

Author : Kristin L. Reiter,Paula H. Song
Publisher : Asociation of University Programs in Health Administration/Health Administration Press
Page : 0 pages
File Size : 55,5 Mb
Release : 2020-07-27
Category : Business & Economics
ISBN : 1640551867

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Gapenski's Healthcare Finance by Kristin L. Reiter,Paula H. Song Pdf

Gapenski's Healthcare Finance: An Introduction to Accounting and Financial Management explores how healthcare organizations manage financial operations to optimally provide patient care. This significantly revised edition of one of Health Administration Press's best-selling books introduces the key foundational elements of healthcare finance, including both accounting and financial management. Numerous examples throughout showcase how healthcare finance is practiced in a variety of organizations, including hospitals, medical practices, clinics, home health agencies, nursing homes, and managed care organizations. Authors Kristin L. Reiter and Paula H. Song present the financial management and accounting concepts that are most critical to managerial decision-making. They emphasize not only financial theory and principles but also practical tools healthcare managers can use to make the crucial decisions that promote the financial well-being of their organization. Gapenski's Healthcare Finance examines the current financial environment in which providers operate, with an emphasis on health system design, healthcare insurance, and reimbursement methodologies. Dates, exhibits, references, and resources have been updated throughout. All examples and financial statements reflect current accounting and reporting standards. Extensive updates and content new to this seventh edition include: A discussion of health reform that reflects the current status of the Affordable Care Act; Information on the field's increasing focus on social determinants of health; Tax rates and examples that reflect the effects of the Tax Cuts and Jobs Act; A discussion of Medicaid expansion and health insurance exchanges; Coverage of the implications of value-based payment for the revenue cycle; Significant reorganization of the financial accounting chapters to orient students to financial accounting before the book's coverage of the income statement, statement of changes in equity, the balance sheet, and the statement of cash flows; A new chapter supplement provides expanded analysis of the double-entry accounting system; Amendments to the financial accounting conceptual framework by the Financial Accounting Standards Board; Better differentiation of risk measures of realized vs. expected return distributions In a dynamic environment, healthcare leaders need to practice good financial decision-making for the health of their patients and the financial stability of their organization. From this book, current and future managers will understand the finance problems provider organizations face and how best to solve them.

Author : David Edward Marcinko,Hope Rachel Hertico
Publisher : CRC Press
Page : 358 pages
File Size : 52,5 Mb
Release : 2013-09-05
Category : Business & Economics
ISBN : 9781466558748

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Financial Management Strategies for Hospitals and Healthcare Organizations by David Edward Marcinko,Hope Rachel Hertico Pdf

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 today’s changing reimbursement and regulatory environments. Using language that is easy to understand, Financial Management Strategies for Hospitals and Healthcare Organizations: Tools, Techniques, Checklists and Case Studies integrates prose, managerial applications, and regulatory policies with real-world case studies, models, checklists, reports, charts, tables, and diagrams. It has a natural flow, starting with costs and revenues, progressing to clinic and technology, and finishing with institutional and professional benchmarking. The book is organized into three sections: Costs and Revenues: Fundamental Principles Clinic and Technology: Contemporary Issues Institutional and Professional Benchmarking: Advanced Applications The text uses healthcare financial management case studies to illustrate Lean management and operation strategies that are essential for healthcare facility administrators, comptrollers, physician-executives, and consulting business advisors. Discussing the advancement of financial management and health economic principles in healthcare, the book includes coverage of the financial features of electronic medical records, financial and clinical features of hospital information systems, entity cost reduction models, the financial future of mental health programs, and hospital revenue enhancements.

Author : William Cleverley,James Cleverley,Paula Song
Publisher : Jones & Bartlett Learning
Page : 590 pages
File Size : 48,7 Mb
Release : 2011
Category : Health & Fitness
ISBN : 9780763789299

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Essentials of Health Care Finance by William Cleverley,James Cleverley,Paula Song Pdf

Essentials of Health Care Finance stands firmly in its place as the leading textbook on healthcare finance. No other text so completely blends the best of current finance theory with the tools needed in day-to-day practice. Useful for all course levels as well as a professional reference, this text offers a comprehensive introduction to the field. The Seventh Edition has been thoroughly revised to reflect the current economic environment in the healthcare industry, with thoughtful descriptions and ‘real-world’ examples. As the not-for-profit health care sector has increasingly come under attack by legislators seeking new sources of tax revenue, this edition also features a new chapter on assessing community benefits including an examination of the new Schedule H of the IRS 990 form. Ancillary instructor materials for the Seventh Edition have been significantly expanded and updated. PowerPoint lecture slides now include selected examples from the chapters. Electronic versions of many of the charts and tables in the chapters are provided to enable the instructor to re-create and modify existing examples. An expanded set of test questions with detailed answers will be provided for each chapter. New excel spreadsheets for selected chapters will be created to help both the students and the instructors perform a variety of financial analysis tasks with spreadsheet templates. The instructor’s manual has been revised to include key learning points, chapter overviews, and guidelines for class discussion.

Author : Steven Berger
Publisher : John Wiley & Sons
Page : 546 pages
File Size : 51,5 Mb
Release : 2008-04-16
Category : Medical
ISBN : 0470314001

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Fundamentals of Health Care Financial Management by Steven Berger Pdf

In this thoroughly revised and updated third 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. Set in a fictional mid-sized hospital, the book is written in diary form, taking the reader into the inner workings of the finance executive's office. This introduction to the most-used tools and techniques of health care financial management 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. As in the previous editions, this book introduces key practical concepts in fundamental areas of financial management.

Author : Richard J. Priore, ScD, MHA, FACHE, FACMPE
Publisher : Springer Publishing Company
Page : 281 pages
File Size : 47,6 Mb
Release : 2021-01-15
Category : Medical
ISBN : 9780826144645

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Improving Financial and Operations Performance by Richard J. Priore, ScD, MHA, FACHE, FACMPE Pdf

The increasing pressure on the bottom line of healthcare provider organizations requires leaders who understand and can adeptly apply the basic principles of effective financial and operations management. To be successful in today's environment leaders must simultaneously improve quality and service while reducing expense. Improving Financial and Operations Performance: A Healthcare Leader's Guide is a collection of proven effective tips, tools, and techniques accumulated from real-world challenges and lessons learned logically organized to provide a straightforward approach to planning, assessing, managing, and monitoring a business enterprise to improve profitability. This book provides a clear, step-by-step "how to" approach for both new and experienced leaders seeking a leg up in tackling the myriad of common and complex challenges they are facing including conducting a budget variance analysis, managing labor and non-labor productivity and expense, performing a comprehensive financial condition analysis, growing profitable volume and market share, developing an effective business case for improving quality, and evaluating the financial impact of a future project. Written for clinical and administrative leaders working in the trenches, it provides practical and applicable tools with relevant, real-world, and replicable case study examples. The essential value of Improving Financial and Operations Performance: A Healthcare Leader's Guide is improving decision-making effectiveness, enhancing operations efficiency know-how, and developing strong financial management acumen to overcome the challenges in today's healthcare environment. Key Features: Author experience with extensive expertise as a former investor-owned hospital CEO, integrated health system vice president, managing director for the renowned turnaround experts, the Hunter Group, and graduate business school professor in management, finance, and economics. Realistic case examples to apply the key lessons through detailed practical and relevant case studies using clear step-by-step instructions. Calls-to-action at the end of each chapter with critical leadership imperatives to help prioritize and focus efforts on what matters most. Comprehensive glossary of key terms and concepts using plain easy to understand language. Appendices and Excel templates containing easy-to-use plug-and-play financial worksheets, checklists, best practice pathways, and performance assessments.

Author : Cheryl Jones,Steven A. Finkler,Christine T. Kovner,Jason Mose
Publisher : Elsevier Health Sciences
Page : 432 pages
File Size : 47,7 Mb
Release : 2018-01-29
Category : Medical
ISBN : 9780323415118

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Financial Management for Nurse Managers and Executives - E-Book by Cheryl Jones,Steven A. Finkler,Christine T. Kovner,Jason Mose Pdf

Learn how financial management fits into the healthcare organization. Financial Management for Nurse Managers and Executives, 5th Edition covers the latest accounting and financial management practices distinctly from the nurse manager’s point of view. Topics include how financial management fits into the health care organization, financial accounting, cost analysis, planning and control management of the organization’s financial resources, various management tools, and the future of financial management with respect to healthcare reform and international accounting standards. This new edition includes updated information on the Affordable Care Act, Accountable Care Organizations, Value Based Payment, and Team and Population Based Care. Nursing-focused content thoroughly describes healthcare finance and accounting from the nurse manager’s point of view. Numerous worksheets and tables including healthcare spreadsheets, budgets, and calculations provide you with specific examples of how to apply financial management principles to nursing practice. NEW! Information about the Affordable Care Act details how changes and developments affects coverage for millions of Americans. NEW! Value-Based Payment reimbursement information details what nurse executives need to know in order to use this new system NEW! Coverage of Accountable Care Organizations provides current information on one of the emerging forms of managed care and how it works within the financial system of healthcare. NEW! Team-and Population-Based care information covers how to work with healthcare professionals outside of nursing.

Author : Steven A. Finkler
Publisher : Prentice Hall
Page : 0 pages
File Size : 51,8 Mb
Release : 2005
Category : Federal aid
ISBN : 0131471988

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Financial Management for Public, Health, and Not-for-profit Organizations by Steven A. Finkler Pdf

One of the few books that addresses financial and managerial accounting within the three major areas of the public sector--government, health, and not-for-profit--the Second Edition provides the fundamentals of financial management for those pursuing careers within these fields. KEY TOPICS: " With a unique presentation that explains the rules specific to the public sector, this book outlines the framework for readers to access and apply financial information more effectively. Employing an engaging and user-friendly approach, this book clearly defines essential vocabulary, concepts, methods, and basic tools of financial management and financial analysis that are imperative to achieving success in the field. This book is intended for financial managers and general managers who are required to obtain, understand, and use accounting information to improve the financial results of their organizations, specifically within the areas of government or public policy and management, not-for-profit management, and health policy and management.

Author : William J. Ward Jr.
Publisher : Bloomsbury Publishing USA
Page : 410 pages
File Size : 49,6 Mb
Release : 2015-12-14
Category : Health & Fitness
ISBN : 9798216095040

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Health Care Budgeting and Financial Management by William J. Ward Jr. Pdf

In today's chaotic health reform environment, it is especially important for non-financial health care managers to have a practical guide to the tools and concepts they need to manage their human, supply, and equipment resources. Today's health care managers, frequently, were yesterday's technicians, physicians, and nurses. This puts them in an interesting predicament, since they know the health care side of the business but often lack the financial management skills necessary to create budgets and manage finances in a health care setting. In this guide, William J. Ward Jr. offers easy-to-understand explanations of basic accounting concepts, including cash flow, operating cost and cost behavior, revenue and reimbursement, and so much more. Providing clearly presented financial information in the context of health care, Ward's book is a one-stop desk reference that provides practical, useful tools and knowledge that readers can immediately put to use. It will help managers, directors, and clinical leaders who work in hospitals, physician practices, and other provider organizations to effectively manage their financial resources on a day-to-day basis, providing guidance for essential tasks such as preparing budgets, managing their departments, and making decisions around financial issues.