Cases in Healthcare Finance / Edition 4

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More About This Textbook

Overview

Presenting some 30 case studies, each addressing a single financial issue, Gapenski (health services administration and finance, U. of Florida) as a study aid for students studying accounting and finance in health care. He includes both directed and undirected cases in order to meet the needs of both advanced students of finance and those that are less well versed. The diskette contains spreadsheet case models. Annotation (c)2003 Book News, Inc., Portland, OR

The book contains no figures.

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Editorial Reviews

David G. Yeager
Strong theoretical protocols are presented with a textbook approach to sample cases in healthcare finance. The purpose is to provide MBA students with a realistic thought process so that they can consider the myriad of data elements prior to drawing conclusions and choosing a specific course of action. This book is geared to the MBA student. A strong theoretical framework for understanding healthcare organization finance is presented. The practical aspects of "real-life" scenarios can provide additional insight and value, however, to the theoretical approach utilized in this book. For example, the section "Assessing Hospital Performance" is focused on hospital performance through ratio analysis. While the ratio analysis approach is theoretically sound, one must fully understand the reasons why these ratios do not fall within predefined guidelines (e.g., problems with a managed care payer, difficulty in all parties understanding contractual language, payment disputes, staffing inefficiencies, employee morale issues, staffing shortages, lack of consigned products, etc.). Furthermore, given the current financial problems of the hospital industry, careful attention must be given to the setting and circumstances under which hospitals are being compared. If possible, this book should be combined with parallel student projects with local hospitals to better prepare the student for entry into healthcare finance.
Booknews
Intending this work to be a complement to his , Gapenski (health services administration and finance, U. of Florida) presents 26 finance cases and six ethics mini-cases for beginning and advanced students. Cases study such topics as cost allocation, assessing HMO performance, stock valuation, variance analysis, bond refunding, leasing decisions, financial forecasting, and time value analysis. The disk contains the spreadsheets from the cases presented. Annotation c. Book News, Inc., Portland, OR (booknews.com)
Doody's Review Service
Reviewer: David G. Yeager, MBA (Creighton University)
Description: Strong theoretical protocols are presented with a textbook approach to sample cases in healthcare finance.
Purpose: The purpose is to provide MBA students with a realistic thought process so that they can consider the myriad of data elements prior to drawing conclusions and choosing a specific course of action.
Audience: This book is geared to the MBA student.
Features: A strong theoretical framework for understanding healthcare organization finance is presented. The practical aspects of "real-life" scenarios can provide additional insight and value, however, to the theoretical approach utilized in this book. For example, the section "Assessing Hospital Performance" is focused on hospital performance through ratio analysis. While the ratio analysis approach is theoretically sound, one must fully understand the reasons why these ratios do not fall within predefined guidelines (e.g., problems with a managed care payer, difficulty in all parties understanding contractual language, payment disputes, staffing inefficiencies, employee morale issues, staffing shortages, lack of consigned products, etc.). Furthermore, given the current financial problems of the hospital industry, careful attention must be given to the setting and circumstances under which hospitals are being compared.
Assessment: If possible, this book should be combined with parallel student projects with local hospitals to better prepare the student for entry into healthcare finance.

3 Stars from Doody
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Product Details

  • ISBN-13: 9781567933420
  • Publisher: Health Administration Press
  • Publication date: 10/1/2009
  • Edition description: AMERICAN COLLEGE OF HEALTHCARE EXEC
  • Edition number: 4
  • Pages: 245
  • Sales rank: 306,882
  • Product dimensions: 8.40 (w) x 11.00 (h) x 0.60 (d)

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