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.

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