Thoroughly revised, this third edition of Financial Management of Health Care Organizations offers an introduction to the most-used tools and techniques of health care financial management. Comprehensive in scope, the book covers a broad range of topics that include an overview of the health care system and evolving reimbursement methodologies; health care accounting and financial statements; managing cash, billings, and collections; the time value of money and analyzing and financing major capital investments; determining cost and using cost information in decision-making; budgeting and performance measurement; and pricing.
"This new edition of Financial Management of Health Care Organizations builds on the excellent contents of its prior editions, by again simplifying complex health care financial concepts in ways its targeted audience can truly comprehend. It is notably rich with discussions of contemporary issues and is structured in a way that makes for enhanced instructional flexibility and practical adaptation. The authors continue to demonstrate a keen understanding of the challenging issues of the day."
—Dalton A. Tong, MBA, CPA, Senior Associate, Health Policy and Management, Johns Hopkins Bloomberg School of Public Health
"The third edition of Financial Management of Health Care Organizations continues to provide in-depth and cogent understanding of the important financial topics, including financial accounting, managerial accounting, capital and operating budgeting, revenue flows, and cost management, that health care executives and managers must have. This text has been a valuable resource for my graduate students as well as clinical and non-clinical managers in executive education settings."
—Mark Covaleski, PhD, MBA, Robert Beyer Professor of Managerial Accounting and Control, and Professor of Health Care Financial Management, School of Business, University of Wisconsin at Madison