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Essentials of Health Care Organization Finance: A Primer for Board Members
 
 
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Essentials of Health Care Organization Finance: A Primer for Board Members [Hardcover]

Dennis D. Pointer (Author), Dennis M. Stillman (Author)
5.0 out of 5 stars  See all reviews (2 customer reviews)

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Book Description

078797403X 978-0787974039 September 22, 2004 1
"Finally! The book that all health care board members needed but were afraid to ask for! Those dark days of staring at incomprehensible numbers during board meetings, of nervous nodding when their financially-literate brethren make comments or ask questions, of voting on things that they do not understand are gone! This book is long overdue and should be read by every trustee who is not a finance professional."
--James E. Orlikoff, president, Orlikoff & Associates, Inc. and executive director, American Governance & Leadership Group

Accounting for $1.4 trillion in expenditures (13.7 percent of gross domestic product), health care is one of the nation's largest and fastest growing industries. This concise, expertly written primer on health care organization finance is a nuts and bolts guide to what has become every hospital's most sensitive topic. Health care organization board members must possess basic financial competence to govern effectively. This book will help them acquire, easily and painlessly, the basic financial literacy essential for discharging their roles and fulfilling their fiduciary duties.


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Editorial Reviews

Review

“Finally! The book that all health care board members needed but were afraid to ask for!  Those dark days of staring at incomprehensible numbers during board meetings, of nervous nodding when their financially-literate brethren make comments or ask questions, of voting on things that they do not understand are gone! This book is long overdue and should be read by every trustee who is not a finance professional.”
--James E. Orlikoff, president, Orlikoff & Associates, Inc. and executive director, American Governance & Leadership Group

“Improving director financial literacy is key to increasing the quality and effectiveness of health care organization governance.  Pointer and Stillman have written a ‘one-of-a-kind’ book for board members--long-tenured or new—needing a better grounding in the basics of accounting and finance.”
--Monte Dube, chairman, Health Law Department, McDermott, Will & Emery Attorneys-at-Law, Chicago, Illinois

“This book is a must read for board members who lack grounding in the basics of accounting and finance or those needing a refresher. It lifts the financial fog that many directors experience in their boardrooms.”
--R. Timothy Stack, president and CEO, Gregory Hurst, executive vice president and CFO, and Cahrles W. Wickliffee, board chair, Piedmont Medical Center, Atlanta, Georgia

From the Back Cover

Praise for Essentials of Health Care Organization Finance

"Finally! The book that all health care board members needed but were afraid to ask for! Those dark days of staring at incomprehensible numbers during board meetings, of nervous nodding when their financially-literate brethren make comments or ask questions, of voting on things that they do not understand are gone! This book is long overdue and should be read by every trustee who is not a finance professional."
–James E. Orlikoff, president, Orlikoff & Associates, Inc. and executive director, American Governance & Leadership Group

"Improving director financial literacy is key to increasing the quality and effectiveness of health care organization governance. Pointer and Stillman have written a ‘one-of-a-kind’ book for board members–long-tenured or new–needing a better grounding in the basics of accounting and finance."
–Monte Dube, chairman, Health Law Department, McDermott, Will & Emery Attorneys-at-Law, Chicago, Illinois

"This book is a must read for board members who lack grounding in the basics of accounting and finance or those needing a refresher. It lifts the financial fog that many directors experience in their boardrooms."
–R. Timothy Stack, president and CEO, Gregory Hurst, executive vice president and CFO, and Charles W. Wickliffee, board chair, Piedmont Medical Center, Atlanta, Georgia


Product Details

  • Hardcover: 208 pages
  • Publisher: Jossey-Bass; 1 edition (September 22, 2004)
  • Language: English
  • ISBN-10: 078797403X
  • ISBN-13: 978-0787974039
  • Product Dimensions: 6.3 x 0.8 x 9.2 inches
  • Shipping Weight: 12 ounces (View shipping rates and policies)
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (2 customer reviews)
  • Amazon Best Sellers Rank: #170,707 in Books (See Top 100 in Books)

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Average Customer Review
5.0 out of 5 stars (2 customer reviews)
 
 
 
 
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1 of 1 people found the following review helpful:
5.0 out of 5 stars Essential Book for Every Health Care Board Member, February 18, 2006
By 
Dan K. McCoy (Corsicana, Texas United States) - See all my reviews
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This review is from: Essentials of Health Care Organization Finance: A Primer for Board Members (Hardcover)
This book quickly gives an overview of health care organizational finance to allow board members to be ably to understand, analyze, and make accurate decisions from available finance information. This book is long overdue!
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5.0 out of 5 stars Clear & to the point, September 26, 2011
By 
JSC Siow "JSC Siow" (Upstate NY, United States) - See all my reviews
This review is from: Essentials of Health Care Organization Finance: A Primer for Board Members (Hardcover)
Although rather simplified, the authors presented the key essentials and issues of health care organization finance that keeps the focus and attention on the wood without getting entangled in the trees. A useful big-picture perspective that would be welcome to those without financial backgrounds.
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Inside This Book (learn more)
First Sentence:
Health system boards, hospital boards, medical group boards, home health agency boards, health plan boards, health maintenance organization (HMO) boards, professional association boards . . . there are approximately thirty thousand boards in the health care industry, and about 330,000 people serve on them. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
net nonoperating income, health care organization boards, net patient revenues, borrowing organization, financial worthiness, current financial performance, nonoperating revenues, net present value analysis, horizontal analysis, internal audit function, owners equity, audit committee, expense summary, accounting equation, noncurrent assets, vision fit, board oversight
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Polley Francis Hospital, Social Security, Moody's Investors Service
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