Introduction to Health Care Economics & Financial Management: Fundamental Concepts with Practical ApplicationsLippincott Williams & Wilkins, 2004 - 323 pages This text presents basic concepts of economics and tools for financial management in the health care arena, including budgeting, breakeven analysis, financial reporting, business plan preparation, and grant writing. The text includes practical case examples drawn from actual health care settings to relate theory to real-world practice. A sample grant proposal and unique grant writing chapter will prepare students for this critical aspect of management. A free, back-of-book CD-ROM provides sample worksheets for analyzing budgets and determining breakeven points, cost-benefit, and cost-effectiveness, as well as sample budgets. Students can use the worksheets to apply their own data and complete their own analyses. |
Contents
PART | 2 |
Explain why health care is an important segment of the U | 11 |
Care 1 | 17 |
Historic Foundations of Managed Care | 30 |
Financial Reporting in Managed | 46 |
Profit Maximization | 54 |
Budget Control | 59 |
Information and Rational DecisionMaking | 63 |
Revenue Budgeting and Budget | 126 |
Direct Distribution Cost Allocation | 171 |
PART FOUR | 179 |
Conclusion and Feasibility Statement | 232 |
The Statement of Cash Flows | 239 |
Operating Analysis | 245 |
PART | 249 |
Issues in Developing Nations | 267 |
Managed Care | 70 |
Health Insurance History | 80 |
Budget Monitoring | 86 |
Budget Preparation | 108 |
Forecasting | 116 |
Future Trends and Keeping | 273 |
259 | 279 |
Trends | 292 |
| 313 | |
Common terms and phrases
amount average balance sheet benefits budget variance business plan calculated capital cardiac catheterization cash flow budget Chapter clinic Contribution Margin cost allocation cost centers current liabilities debt decrease depreciation direct hours discussed equipment equity estimated evaluation example financial statements fiscal fixed assets fixed costs flexible budget forecasting forma P&L Freeston ElderCare funders funding Gaithersburg grant proposal health care settings health insurance income statement indirect costs inpatient inputs line items managed care Medicaid Medicare monitoring Monthly NC NC NC Nursing Services occupational therapist operating expense budget operating leverage organization outpatient overhead patient days percent variance personnel expenses Pine Tree Medical procedures profit QALY quantity demanded ratio referral reimbursement reports represents SNF Patient SNF unit sources SouthSide Hospital staff Table target total costs total revenues Tree Medical Group utilization variable costs visits wages