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Health Care Finance: Basic Tools for Nonfinancial Managers » (3rd Edition)

Book cover image of Health Care Finance: Basic Tools for Nonfinancial Managers by Judith J. Baker

Authors: Judith J. Baker, R. W. Baker
ISBN-13: 9780763778941, ISBN-10: 076377894X
Format: Paperback
Publisher: Jones & Barlett Learning
Date Published: December 2009
Edition: 3rd Edition

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Author Biography: Judith J. Baker

Book Synopsis

This Is The Most Practical Financial Management Text For Those Who Need Basic Financial Management Knowledge And A Better Understanding Of Healthcare Finance In Particular. Using Actual Examples From Hospitals, Long-Term Care Facilities, And Home Health Agencies, This User-Friendly Text Includes Practical Information For The Nonfinancial Manager Charged With Budgeting.

New To The Third Edition:

• New Chapter On “Operational Budgeting”

• New Chapter On “The Financial Impact Of Electronic Records”

• New Chapter On “The Financial Impact Of Information Input”

• An Expanded Explanation Of Typical Forms And Terms Of Financing And Equity

• New Mini-Case Study “A Facility’S Conversion To Electronic Records” (Covers The Federally Mandated Transition To ICD-10.)

• Thoroughly Updated Instructor Supplements Including Powerpoints, Excel Spreadsheets, And Instructor’S Manual

Table of Contents

Ch. 1Introduction to health care finance3
Ch. 2What does the health care manager need to know?11
Ch. 3Assets, liabilities, and net worth25
Ch. 4Revenues (inflow)29
Ch. 5Expenses (outflow)39
Ch. 6Cost classifications47
Ch. 7Cost behavior and break-even analysis57
Ch. 8Staffing : the manager's responsibility73
Ch. 9Reporting85
Ch. 10Financial and operating ratios as performance measures93
Ch. 11The time value of money101
Ch. 12Comparative data, forecasts, and benchmarking113
Ch. 13Budgeting and variance analysis125
Ch. 14Capital expenditure budgets135
Ch. 15Business loans and financing costs149
Ch. 16Owning versus leasing equipment155
Ch. 17Putting it all together : creating a business plan163
Ch. 18Case study : metropolis health system173
Ch. 19Mini-case study 1 : proposal to add a retail pharmacy to a hospital in the metropolis health system193
Ch. 20-AMini-case study 2 : changing economic realities in the health care setting : a physician's office teaching cases199
Ch. 20-BMini-case study 2 : changing economic realities in the health care setting : a physician's office teaching cases207
Ch. 20-CMini-case study 2 : changing economic realities in the health care setting : a physician's office teaching cases217
Ch. 21Mini-case study 3 : the economic significance of resource misallocation : client flow through the women, infants, and children public health program225

Subjects