Financial Management of Health Care Organizations: An Introduction to Fundamental Tools, Concepts and Applications (4th Edition) – eBook

Description

Discover the essential principles of managing finances within the health care sector with the latest edition of Financial Management of Health Care Organizations, 4th Edition, available in convenient PDF format. This comprehensive guide equips readers with the foundational techniques and tools necessary for proficient financial management in healthcare settings. Dive deep into fundamental concepts such as health care accounting, interpreting financial statements, effective cash management, and strategic capital investments. Learn the intricacies of billings and collections, analyze cost structures, utilize cost information for decision-making, and master budgeting and performance measurement essentials—all critical components for success in the health care industry.

What’s New in This 4th Edition:

This updated edition comes with significant revisions in the glossary and Perspectives sections, offering readers an insightful lens into the evolving health care landscape of 2013 and beyond, especially following the introduction and anticipated implementation of the Affordable Care Act. Key enhancements include detailed, real-world examples of financial statements tailored for both investor-owned and non-profit hospitals, significant changes in bad debt and charity care management, refined analysis of financial statement roles, an expanded section on lease financing, and a comprehensive overview of utilizing cost information and understanding cost centers.

New topics featured in this 4th Edition include a thorough valuation of accounts receivable, exploration of the “waterfall” effect on cash collections, and a careful examination of the differences between Posting-Date and Service-Date reporting methodologies. Readers will also benefit from practical applications of time value of money principles, calculation of effective annual interest rates, and a robust introduction to Activity-Based Costing, considering supplies, labor, and equipment.

Additional ISBNs: 978-1118466599, 978-1118466582, 1118466586, 9781118466582, 1118466586

NOTE: Please be advised that this product features exclusively the ebook version of Financial Management of Health Care Organizations: An Introduction to Fundamental Tools, Concepts and Applications, 4e in PDF format. Access codes are NOT included.