Financial Management of Health Care Organizations: An Introduction to Fundamental Tools, Concepts, and Applications (Hardcover)

by Zelman (Author), McCue (Author), Alan R. Millikan (Author), Glick (Author) "Never before have health care professionals faced such complex issues and practical difficulties trying to keep their organizations financially viable (see Perspective 1-1)..." (more)
Key Phrases: fixed labor budget, weighted visits, required market rate, Financial Management of Health Care Organizations, Walk-In Clinic, Newport Hospital (more...)

Editorial Reviews

Product Description
Univ. of North Carolina, Chapel Hill. Text offers an introduction to the tools and techniques of healthcare financial management, including accounting and financial statements, managing cash, billings, and collections. This edition features key terms and quotations, marginal definitions, updated perspectives, and additional questions and problems. Previous edition: c1998.

Book Description
This new edition of Financial Management of Health Care Organizations offers an introduction to the most-used tools and techniques of health care financial management, including 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. Avoiding complicated formulas and using numerous spreadsheet examples, its pedagogy includes: more advanced information in chapter appendices for those who want to go beyond the basics; a detailed outline beginning each chapter; a summary concluding each chapter; and 'perspectives', real-world situations and events which illustrate concepts discussed in the chapters. Now completely updated, this book provides students with the practical, up-to-date tools they need to succeed in this dynamic field. New to the Second Edition: Key terms and key equations listed at the end of each chapter; each set of key terms now becomes the first question for each chapter Expanded use of marginal definitions and key points Additional questions and problems for the chapters; where possible, problems are provided in pairs so that the first can be used as an example, and the second can become part of an assignment Updated perspectives throughout the text Instructor's Manual available on CD-ROM including all exhibits in PowerPoint and Excel, answers to all problems in PowerPoint and Excel, and working spreadsheet models of exhibits and selected problems for classroom use

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Product Details

• Hardcover: 544 pages
• Publisher: Wiley-Blackwell; 2 edition (November 1, 2007)
• Language: English
• ISBN-10: 063123098X
• ISBN-13: 978-0631230984
• Product Dimensions: 9.7 x 7.5 x 1.4 inches
• Shipping Weight: 2.6 pounds (View shipping rates and policies)
• Average Customer Review: 4.3 out of 5 stars See all reviews (9 customer reviews)
• Amazon.com Sales Rank: #48,179 in Books (See Bestsellers in Books)

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  #3 in	Books > Professional & Technical > Medical > Administration & Medicine Economics > Medicaid & Medicare
  #5 in	Books > Science > Medicine > Administration & Policy > Medicaid & Medicare
  #7 in	Books > Business & Investing > Industries & Professions > Insurance > Health

Customer Reviews

Most Helpful Customer Reviews

8 of 8 people found the following review helpful:

5.0 out of 5 stars Financial Management of Healthcare Organizations, May 16, 2003

By A Customer

This text proved an invaluable guide to the subject of hospital finances. This was a subject I was not particularly interested in, and the book surprised me. It is readable and clear. The logic flows smoothly. There are plenty of examples, illustrating assorted principles. After reading several books on the topic of hospital finances, this one stands out for its clarity.

1 of 1 people found the following review helpful:

5.0 out of 5 stars Highly recommended, March 28, 2005

By	Alec Napier (UAE) - See all my reviews (REAL NAME)

A very comprehensive and informative book, even though the examples are for the US it can be used and applied to other countries and systems. Gives a good grounding for financial understanding of healthcare entities. Highly recommend it to anyone looking interested in financial managment of health care organizations

3 of 4 people found the following review helpful:

1.0 out of 5 stars horrible book with poor examples, February 25, 2008

By	Alsan Bellard "Dr. Bellard" (Washington, DC) - See all my reviews (REAL NAME)

We used this book for our introductory finance class, and I hated it. Perhaps it's just the outdated edition, but I found that the excercises at the end of each chapter were awful. The book does a poor job of explaining difficult concepts. The book is also boring and drab illustrations. There has to be a better book out there. I quickly sold my edition of this book, as it is terrible.