The Financial Management of Hospitals and Healthcare Organizations, Fourth Edition

Michael Nowicki, EdD, FACHE, FHFMA

ISBN: 9781567932775
Hardbound, 2007
Order Code: 2087
  • Non Member Price: $96.00

Book Description

A clear introduction to healthcare financial management Using the same nontechnical approach as previous editions, this book introduces nonfinancial managers to the fundamental concepts and skills necessary to cost-effectively manage operations.

Revised to include new developments in the field

New and revised material includes:

  • The financial impact of patient safety
  • The public’s concern about accounting integrity
  • The costs associated with charity care policies resulting from the rising number of uninsured
  • The growing need to reduce operating expenses due to Medicare margins
  • How to bridge the gap between strategic planning and budgeting
  • The consumer movement and the impact on pricing policies
  • How Medicare and Medicaid have been affected by the Deficit Reduction Act of 2005 and the Tax Relief and Healthcare Act of 2006
  • Various state proposals for healthcare reform

    Why this book is a popular classroom tool

  • Uses a nontechnical and succinct approach ideal for nonfinancial managers
  • Looks at financial issues in a variety of healthcare settings
  • Modular chapters allow professors to teach in any order
  • Companion casebook (click here for the casebook) provides numerous practice problems to help students build their quantitative skills
  • Concise appendices review the key concepts in economics, accounting, and statistics for students without prerequisite knowledge

    The following link will give you the corrections to the book: Corrections List

    Instructor Resources: PowerPoint slides. To see a sample click the link in the right-hand navigation bar.