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Fundamentals of Healthcare Finance

Год выпуска: 2013
Автор: Louis C. Gapenski

Synopses & Reviews

Publisher Comments

Gapenski (health services administration, U. of Florida) offers a text for undergraduate and graduate students in health administration and public health and health science that introduces the skills of healthcare finance that are most important to entry-level operation managers, especially those essential to the operational management of clinical services, as opposed to principles used by financial staff personnel, which are not discussed in detail. Background information on financial markets and securities is also not provided. He covers the institutional setting, including the organization and role of the finance staff and types of healthcare organizations; business basics; paying for health services; planning, managing, and control, including pricing decisions and profit analysis, estimating costs, budgeting, and managing financial operations; financing and capital investment decisions; and reporting profits, assets, financing, and cash flows, and assessing financial condition. This edition has updated examples; a new section on healthcare reform, which includes discussion of value-based purchasing, bundling, accountable care organizations, and medical homes; updated accounting coverage that conforms to the latest American Institute of Certified Public Accountants formats; new sidebars that present issues in the news; and updated lecture presentation software. The website has additional chapters on financial markets and securities, lease financing and business valuation, distributions to owners and capitation, rate setting, and risk sharing, as well as cases and appendixes of financial and operational ratios and their definitions. There is no bibliography. Annotation 2012 Book News, Inc., Portland, OR (booknews.com)

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