Ramapo College Textbooks > Fundamentals of Health Care Financial Management

Fundamentals of Health Care Financial Management 4th edition




Author:Steven Berger

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Fundamentals of Health Care Financial Management Description

Learn the essentials of finance theory and practice with thetools needed in day-to-day practice

In this thoroughly revised and updated fourth edition ofFundamentals of Health Care Financial Management, consultantand educator Steven Berger offers a practical step-by-step approachto understanding the fundamental theories and relationships guidingfinancial decisions in health care organization. Using cases set ina fictional mid-sized hospital, the book takes the reader into theinner workings of the finance executive's office.

As in the previous editions, this book introduces students tokey practical concepts in fundamental areas of financialmanagement. This innovative introduction to the most-used tools andtechniques includes health care accounting and financialstatements; managing cash, billings and collections; making majorcapital investments; determining cost and using cost information indecision-making; budgeting and performance measurement; andpricing.

Also covered in depth are the financial implications of PatientProtection and Affordable Care Act, which will increase patientvolume, reduce bad debt, factor quality and patient satisfactioninto the financial picture, and significantly affect how hospitalsand physicians are paid for services.

Students focusing on the business side of health care will findFundamentals of Health Care Financial Management: A PracticalGuide to Fiscal Issues and Activities, 4th Edition avaluable text for understanding the workings of the health carefinancial system.

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