Introduction to the Financial Management of Healthcare Organizations

Introduction to the Financial Management of Healthcare Organizations presents financial management in the context of the healthcare organization and the broader healthcare environment. In addition to core financial management topics, the unique aspects of finance in healthcare are covered, including the objectives of healthcare financial management, the tax status of healthcare organizations, and third-party payers and payment methodologies. Practice and self-quiz problems are integrated into the book to provide the opportunity to practice the application of financial concepts and skills. Problems and mini-cases within the chapters and a comprehensive wrap-up case at the end of the book give readers additional options for application practice. Revisions to this edition include the following: new data on health economics and health accounting; updates on the changes caused by the Affordable Care Act, including requirements for tax-exempt hospitals and organizational billing and collection policies; new data on health economics and health accounting; new information on capitation, entitlement reform, cost-benefit and cost-effectiveness analyses, and financial statements; recent legal action related to the distinctions between for-profit and not-for-profit hospitals; and information regarding federal government actions against providers on fraud and abuse allegations. At the end of every chapter, important points and discussion questions encourage readers to summarize and engage in learning.