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The Financial Management of Hospitals and Healthcare Organizations
 
 
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The Financial Management of Hospitals and Healthcare Organizations [Hardcover]

Michael Nowicki (Author)
3.0 out of 5 stars  See all reviews (3 customer reviews)

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Book Description

1567932770 978-1567932775 November 1, 2007 4th
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

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Editorial Reviews

About the Author

Michael Nowicki, EdD, FACHE, FHFMA, is professor of health administration and director of graduate studies in the department of health administration at Texas State University, where he has won numerous university awards for his teaching, research, and service. He has taught for universities in California, Indiana, Kentucky, Missouri, and New Jersey as well as for associations such as the American College of Healthcare Executives, the Healthcare Financial Management Association, the American Hospital Association, VHA, and the Association of University Programs in Health Administration.

Product Details

  • Hardcover: 350 pages
  • Publisher: Health Administration Press; 4th edition (November 1, 2007)
  • Language: English
  • ISBN-10: 1567932770
  • ISBN-13: 978-1567932775
  • Product Dimensions: 10.2 x 7.2 x 0.9 inches
  • Shipping Weight: 1.8 pounds (View shipping rates and policies)
  • Average Customer Review: 3.0 out of 5 stars  See all reviews (3 customer reviews)
  • Amazon Best Sellers Rank: #109,707 in Books (See Top 100 in Books)

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Customer Reviews

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Average Customer Review
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Most Helpful Customer Reviews

14 of 15 people found the following review helpful:
5.0 out of 5 stars Professor review of book, October 22, 2000
By A Customer
Great book for the first course in a graduate health administration program where no prerequites are required. There is a workbook for the textbook to help verify understanding of concepts and principles. I would order it as well.

The book is also appropriate for health professionals who have been promoted into management positions and now need work with financial information.

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1 of 2 people found the following review helpful:
1.0 out of 5 stars not original at all, January 26, 2009
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This review is from: The Financial Management of Hospitals and Healthcare Organizations (Hardcover)
Very disappointed in the quality or lack of in this book. The author uses more quotes from other books than he does his own thoughts. The author focuses too much on seriously out-dated information. Easiest course I ever took because book provided no challenges.
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3 of 12 people found the following review helpful:
3.0 out of 5 stars Two sides of a hospital coin., October 29, 2005
When you're dealing with hospital finances it's true that you're dealing with a real two-headed sword. On the one sword, you have patient satisfaction to deal with. But on the other we all want to make money. It's why they're called "finances." This book explains all that and more, but from a patient's point of view this book is a flat one. Except for oncology departments, which is where this book sometimes has a heart. And not just a heart for money.
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Inside This Book (learn more)
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First Sentence:
The Financial Management of Hospitals and Healthcare Organizations is intended to be the primary textbook of choice in introductory courses in healthcare financial management at both the undergraduate and graduate levels, as well as a reference book for program graduates and other practicing healthcare managers. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
hcalthcare organizations, double apportionment, overstock cost, direct service plans, determining product cost, commercial indemnity plans, temporary working capital, full market basket, surcharge method, assembling costs, net patient service revenue, hourly rate method, rated hospitals, cost reporting periods, most healthcare organizations, patient financial services, restricted net assets, community benefit standard, healthcare financial management, important line items, forecast content, online retrieval, payback period analysis, many healthcare organizations, operating indicators
Key Phrases - Capitalized Phrases (CAPs): (learn more)
New York, Modern Healthcare, Health Care Organizations, United States, Healthy People, American Hospital Association, American Institute of Certified Public Accountants, Reconciliation Act, Blue Cross, President Johnson, False Claims Act, Health Care Financing Review, San Francisco, Average Collection Period, Health Affairs, American College of Healthcare Executives, Auburn House, Modernization Act, President Clinton, References Berman, San Antonio, Anti-Kickback Act, Balanced Budget Refinement Act, Current Ratio, Department of Justice
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