Introduction to the Financial Management of Healthcare Organizations, Sixth Edition
- 6h 58m
- Michael Nowicki
- Health Administration Press
- 2015
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.
New to this edition:
- 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 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.
About the Author
Michael Nowicki, EdD, FACHE, FHFMA, is a professor of health administration at Texas State University, where he has won numerous awards for his teaching, research, and service. He has also taught for universities in California, Indiana, Kentucky, Missouri, and New Jersey and for several healthcare-related associations. Before his academic appointments, Nowicki held various administrative positions in healthcare organizations around the country.
In this Book
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Financial Management in Context
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Organization of Financial Management
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Tax Status of Healthcare Organizations
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Third-Party Payment
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Medicare and Medicaid
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Cost Accounting
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Reimbursement
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Managing Working Capital
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Managing Revenue Cycle
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Managing Materials
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Strategic and Operational Planning
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Budgeting
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Capital Budgeting
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Financial Analysis and Management Reporting
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Future Trends
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Case Study—Bobcat Integrated Delivery System
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List of Acronyms
