Financial Management of Health Care Organizations: An Introduction to Fundamental Tools, Concepts, and Applications
Average customer rating: 5 out of 5 stars
  • Highly recommended
  • Right to the point!
  • Financial Management of Healthcare Organizations
Financial Management of Health Care Organizations: An Introduction to Fundamental Tools, Concepts, and Applications
William N. Zelman , Michael McCue , Alan Millikan , and Noah Glick
Manufacturer: Blackwell Publishing Limited
ProductGroup: Book
Binding: Hardcover

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ASIN: 063123098X

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 chapterExpanded use of marginal definitions and key pointsAdditional 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 assignmentUpdated perspectives throughout the textInstructor'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

Customer Reviews:

5 out of 5 stars Highly recommended.......2005-03-28

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

5 out of 5 stars Right to the point!.......2004-03-28

I found it very consice, and at the same time understandable with lots of examples, and practical. It is very well customized for health care organizations. It's worth your time and your money!

5 out of 5 stars Financial Management of Healthcare Organizations.......2003-05-16

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.
Financial Management in Health Care Organizations (Delmar Series in Health Services Administration)
Average customer rating: 1 out of 5 stars
  • Practically useless
Financial Management in Health Care Organizations (Delmar Series in Health Services Administration)
Robert McLean
Manufacturer: Cengage Delmar Learning
ProductGroup: Book
Binding: Hardcover

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ASIN: 0766835472

Book Description

Financing of health care organizations is increasingly important in today's society. Financial Management in Health Care Organizations provides discussion on the fundamental principles of finance, accounting, and budgeting for both short-term and long-term assets and programs. Managers of health care organizations and those aspiring to become managers will find this an invaluable tool in helping to increase their understanding of the financial aspects of running and managing their businesses.

Customer Reviews:

1 out of 5 stars Practically useless.......2006-05-19

Don't waste your money on this useless paperweight. I had to buy it for a college class, so I had no choice. The treatment of accounting is too superficial. It claims to give the reader a good grasp on balance sheets and income statements, but fails to adequately define or explain many of the terms used on actual corporate statements. The chapters on costing, and budgeting introduce some theory, but by the time you are finished, you still have no idea how to actually construct a budget. The financial chapters are superficial, and at the same time use statistical concepts that are not explained, leaving the unprepared student rubbing his or her head and wondering what the hell the discussion was about. On that note, the entire book suffers from the useage of terms and concepts that are either poorly explained or not explained at all. The book covers a good spectrum of financial subjects, but all are covered too poorly to be of any use to a real-world manager. The actual useful information in the book could probably be condensed to 10 pages. The rest is useless fluff that talks ABOUT the subjects without telling the student how to actually accomplish something. In short, the book gives little practical training and is heavy on theory, but the theory is superficial and incomplete, so the book is just about useless. I bought an inexpensive book on accounting and another on budgeting (about 150 pages each) that answered my questions and taught me the basics of how to accomplish those functions. I won't say which ones, as I don't want to be accused of representing those authors or publishers, but just know that almost any financial books you buy will be better than this one.
Essentials of Cost Accounting for Health Care Organizations (2nd Edition)
Average customer rating: Not rated
    Essentials of Cost Accounting for Health Care Organizations (2nd Edition)
    Steven A. Finkler , and David M. Ward
    Manufacturer: Aspen Publishers
    ProductGroup: Book
    Binding: Hardcover

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    ASIN: 0834210118

    Book Description

    Essentials of Cost Accounting for Health Care Organizations, Second Edition is a comprehensive text that applies the tool and techniques of cost accounting to the health services field. It is an essential tools for all professionals who need to deal with the challenges of managing health facilities in a difficult economic environment. The new edition has an increased emphasis on managed care as well as a new computer-based component.
    Essentials of Physician Practice Management (J-B Public Health/Health Services Text)
    Average customer rating: 3.5 out of 5 stars
    • Management for Health Professionals
    • Not for the average reader
    • Outstanding reference
    Essentials of Physician Practice Management (J-B Public Health/Health Services Text)

    Manufacturer: Jossey-Bass
    ProductGroup: Book
    Binding: Hardcover

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    ASIN: 0787971898

    Book Description

    Essentials of Physician Practice Management offers a practical reference for administrators and medical directors and provides a comprehensive text for those preparing for a career in medical administration, practice management, and health plan administration. Essentials of Physician Practice Management is filled with valuable insights into every aspect of medical practice management including operations, financial management, strategic planning, regulation and risk management, human resources, and community relations.

    Download Description

    Essentials of Physician Practice Management offers a practical reference for administrators and medical directors and provides a comprehensive text for those preparing for a career in medical administration, practice management, and health plan administration. Essentials of Physician Practice Management is filled with valuable insights into every aspect of medical practice management including operations, financial management, strategic planning, regulation and risk management, human resources, and community relations.

    Customer Reviews:

    3 out of 5 stars Management for Health Professionals.......2007-02-22

    The structure of the book is excellent, and drive to an objective and quickly understending about a complex theme. It is more directed to hospitals and group (business effort) of physicians. It has not a commitment with a "day-by-day" aproach and with dynamic changes of consumer (patient) behavior.

    3 out of 5 stars Not for the average reader.......2006-01-26

    I purchased this book as my husband and I are about to begin the process of opening our own Plastic Surgery Practice. While I am certain that this is an excellent read for a PhD candidate or a physician with an MBA, it is not for the average or even above average physician looking for advice and information concerning the management of a practice. It is most definitely an extremely in depth and detailed examination of all aspects of medical management. It presupposes that the reader is well-versed in fiscal policy, business law, and graduate level economics. I struggled with the book for several days before making it a gift to my brother-in-law who is an MBA student. At the core it is a textbook for a graduate business student and not for a physician.

    5 out of 5 stars Outstanding reference.......2005-09-11

    Easy to read. Concepts clear and concise. All relevant topics covered.
    Essentials of Health Care Organization Finance: A Primer for Board Members
    Average customer rating: 5 out of 5 stars
    • Essential Book for Every Health Care Board Member
    Essentials of Health Care Organization Finance: A Primer for Board Members
    Dennis D. Pointer , and Dennis M. Stillman
    Manufacturer: Jossey-Bass
    ProductGroup: Book
    Binding: Hardcover

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    ASIN: 078797403X

    Book Description

    "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.

    Download Description

    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

    Customer Reviews:

    5 out of 5 stars Essential Book for Every Health Care Board Member.......2006-02-19

    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!
    The Financial Management of Hospitals and Healthcare Organizations, Second Edition
    Average customer rating: 4 out of 5 stars
    • Two sides of a hospital coin.
    • Professor review of book
    The Financial Management of Hospitals and Healthcare Organizations, Second Edition
    Michael Nowicki
    Manufacturer: Health Administration Press/Ache
    ProductGroup: Book
    Binding: Hardcover

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    ASIN: 1567931588

    Book Description

    Written in the same nontechnical and succinct approach as the previous editions, this book introduces nonfinancial managers to the fundamental concepts and skills necessary to manage cost effectively. Concise appendices review the key concepts in economics, accounting, and statistics for professionals without prerequisite knowledge. New material on the following topics:
    The financial impact of patient safety
    The public's concern about accounting integrity and healthcare's response
    The financial implications of the Medicare Prescription Drug Improvement and
    Modernization Act
    The need for entitlement reform
    The most recent projections on the financial status of the healthcare industry
    The costs associated with uncompensated care and how those costs are either shifted to payers or absorbed in the facility's budget

    Customer Reviews:

    3 out of 5 stars Two sides of a hospital coin........2005-10-30

    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.

    5 out of 5 stars Professor review of book.......2000-10-23

    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.
    American Health Care Blues: Blue Cross, HMO's, and Pragmatic Reform Since 1960
    Average customer rating: Not rated
      American Health Care Blues: Blue Cross, HMO's, and Pragmatic Reform Since 1960
      Irwin Miller
      Manufacturer: Transaction Publishers
      ProductGroup: Book
      Binding: Hardcover

      GeneralGeneral | Insurance | Industries & Professions | Business & Investing | Subjects | Books
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      ASIN: 1560002654
      Issues in Cost Accounting for Health Care Organizations
      Average customer rating: Not rated
        Issues in Cost Accounting for Health Care Organizations

        Manufacturer: Aspen Publishers
        ProductGroup: Book
        Binding: Paperback

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        ASIN: 083421010X
        Financial Analysis and Decision Making for Healthcare Organizations: A Guide for the Healthcare Professional
        Average customer rating: 5 out of 5 stars
        • EXCELLENT BOOK FOR HELATH FINANCIAL MANAGERS
        Financial Analysis and Decision Making for Healthcare Organizations: A Guide for the Healthcare Professional
        Louis C. Gapenski
        Manufacturer: McGraw-Hill Publishing Co
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        1. Healthcare Finance: An Introduction To Accounting And Financial Management Healthcare Finance: An Introduction To Accounting And Financial Management

        ASIN: 0786310332

        Book Description

        Financial Analysis and Decision Making for Healthcare Organizations will prepare you for the growth of managed care by providing you with financial management theory and concepts that can enhance your own financial decision making. This book will provide you with: A complete guide to the fundamentals of finance

        Illustrations of financial principles in a variety of healthcare settings and real-world situations

        Capital acquisition and investment analysis discussions

        How managerial decisions can affect your organization's cost of debt

        Customer Reviews:

        5 out of 5 stars EXCELLENT BOOK FOR HELATH FINANCIAL MANAGERS.......1999-01-16

        THIS BOOK IS AN EXCELLENT REVIEW OF WHAT THE FINANCIAL MANAGERS SHOULD HAVE IN THEIR MINDS. IT HELPS TO UNDERSTAND AND RUNNING YOUR COMPANY. ANYONE HAS TO READ IT
        Financial Management: Concepts and Applications for Health Care Organizations
        Average customer rating: Not rated
          Financial Management: Concepts and Applications for Health Care Organizations
          Bruce R. Neumann , Jan P. Clement , and Jean C. Cooper
          Manufacturer: Kendall Hunt Pub Co
          ProductGroup: Book
          Binding: Paperback

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