Fundamentals of Health Care Financial Management: A Practical Guide to Fiscal Issues and Activities / Edition 3

Paperback (Print)
Rent
Rent from BN.com
$21.36
(Save 78%)
Est. Return Date: 06/16/2014
Buy New
Buy New from BN.com
$71.25
Buy Used
Buy Used from BN.com
$55.88
(Save 41%)
Item is in good condition but packaging may have signs of shelf wear/aging or torn packaging.
Condition: Used – Good details
Used and New from Other Sellers
Used and New from Other Sellers
from $17.04
Usually ships in 1-2 business days
(Save 82%)
Other sellers (Paperback)
  • All (14) from $17.04   
  • New (8) from $61.67   
  • Used (6) from $17.04   

Overview

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.

Read More Show Less

Product Details

  • ISBN-13: 9780787997502
  • Publisher: Wiley, John & Sons, Incorporated
  • Publication date: 1/2/2008
  • Edition description: New Edition
  • Edition number: 3
  • Pages: 516
  • Sales rank: 1,232,083
  • Product dimensions: 5.98 (w) x 9.11 (h) x 1.37 (d)

Meet the Author

Steven Berger is the founder and president of Healthcare Insights, LLC, which specializes in the teaching of health care general and financial management issues. Healthcare Insights has also created INSIGHTS, the health care industry's best practice decision support software. With more than thirty years experience in the field, he presents health care finance and general management seminars throughout the United States and Canada. He is the author of numerous books and articles on the topic of health care finances.

Read More Show Less

Table of Contents

Tables, Figures, and Exhibits.

Preface.

Acknowledgments.

The Author.

CHAPTER ONE: JANUARY.

What Is Health Care?

What Is Management?

What Is Financial Management?

Why Is Financial Management Important?

Ridgeland Heights Medical Center: The Primary Statistics.

Pro Forma Development.

Living with the Finance Committee and Board of Directors’ Calendar.

Year-End Closing.

CHAPTER TWO: FEBRUARY.

Accounting Principles and Practices.

Objectives of Financial Reporting.

Basic Accounting Concepts.

Basic Financial Statements of a Health Care Organization.

Uses of Financial Information.

The Financial Statements.

Preparing for the Auditors.

Analysis of Sensitive Accounts.

February Finance Committee Special Reports.

CHAPTER THREE: MARCH.

Strategic Financial Planning: Five-Year Projections.

RHMC Strategic Financial Planning.

Ratio Analysis.

The Capital Plan and Its Relationship to the Strategic Plan.

CHAPTER FOUR: APRIL.

Medicare and Medicaid Net Revenue Concepts.

Calculation of Medicare and Medicaid Contractual Adjustments.

Implications of the Balanced Budget Act of 1997.

Implication of the Medicare Modernization Act of 2003.

Managed Care Net Revenue Concepts.

Preparation of the Medicare and Medicaid Cost Report.

Ratio of Costs to Charges.

Presentation of the Audited Financial Statements to the Finance Committee.

CHAPTER FIVE: MAY.

Fundamentals of Revenue Cycle Management.

Patient Registration: To Which Division Should It Report?

Calculation of the Allowance for Doubtful Accounts and Bad-Debt Expense.

Calculation of the Allowance for Contractual Adjustments.

CHAPTER SIX: JUNE.

Budget Preparation: The Beginning.

Budget Calendar.

Volume Issues.

Capital Budgeting: June.

Accounting and Finance Department Responsibilities.

June Finance Committee Special Agenda Items.

CHAPTER SEVEN: JULY.

Budget Preparation: The Middle Months.

Capital Budgeting: July.

Regulatory and Legal Environment.

Other Regulatory and Business Compliance Issues.

Corporate Compliance.

Accreditation Issues.

Patient Satisfaction Issues.

CHAPTER EIGHT: AUGUST.

Capital Budget: August.

Operating Budget.

Budget Variance Analysis.

Budget Variance Parameters.

Flexible Budgeting.

Cost Accounting and Analysis.

August Finance Committee Special Agenda Items.

CHAPTER NINE: SEPTEMBER.

Operating Budget.

Capital Budget: September.

Cash Budget.

Physician Practice Management Issues.

CHAPTER TEN: OCTOBER.

Information Systems Implications for Health Care Financial Management.

Information Technology Strategic Plan Initiatives.

HIPAA Implementation Issues.

Selection of a New Health Care Information System.

Budget Presentation to the Board Finance Committee.

October Finance Committee Special Agenda Items.

CHAPTER ELEVEN: NOVEMBER.

Preparation of the Budget Results and Delivery to the Department Managers.

Budgeting and Spreading Contractual Adjustments by Department.

Issues Involving RHMC’s Cost Structure.

How to Improve the Organization’s Cost Structure.

Supply Chain Management in Health Care.

Benefi ts of Tax Status for Health Care Organizations.

Preparation and Implications of the Annual IRS 990 Report.

CHAPTER TWELVE: DECEMBER.

Getting Ready for Year-End Reporting—Again.

Open-Heart Surgery Pro Forma.

December Finance Committee Special Agenda Items.

Looking into the Future of Health Care Finance.

References.

Index.

Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star

(0)

4 Star

(0)

3 Star

(0)

2 Star

(0)

1 Star

(0)

Your Rating:

Your Name: Create a Pen Name or

Barnes & Noble.com Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & Noble.com that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & Noble.com does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at BN.com or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation

Reminder:

  • - By submitting a review, you grant to Barnes & Noble.com and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Noble.com Terms of Use.
  • - Barnes & Noble.com reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & Noble.com also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on BN.com. It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

 
Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously

    If you find inappropriate content, please report it to Barnes & Noble
    Why is this product inappropriate?
    Comments (optional)