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You are here > Home > Reading Lists > Finance & Accounting > Estimated Useful Lives of Depreciable Hospital Assets Estimated Useful Lives of
Depreciable Hospital Assets Softbound reference book
Estimated Useful Lives is an essential reference book that every health care provider organization, finance department or accounting consultancy must have. This reliable book is designed to meet the specific needs of financial professionals responsible for ensuring the administration and documentation of their health care organization’s capital investments. Every hospital accounting office needs one or more of these books for reference. Estimated Useful Lives provides clear and concise estimates of the useful life span of hundreds of capital items commonly acquired for the delivery of health care services. The Medicare program and CMS (formerly HCFA) recognize the estimated useful lives as assigned in this book. For your convenience, this book provides reference tables with data for nine primary categories of capital investments:
Recommended by the American Hospital Association (AHA), this updated edition also includes a special introduction that addresses and answers frequently asked questions about the proper use of estimated lives information. This book is the newest edition, a 2008 revision and expansion of the 1973, 1978, 1983, 1988, 1993, 1998, and 2004 editions. The next edition of this resource book is not expected to be published until 2013 or 2014. Until that date, this 2008 edition will continue to be regarded by the industry as the generally accepted reference for these accounting standards in healthcare. The data have been compiled from:
An essential tool for financial planning and audit compliance that defines the productive period of typical health care capital assets before they become obsolete or need to be replaced. It meets the needs of financial professionals responsible for administering and documenting capital investments. This new edition contains updated information on hundreds of items found in previous editions and includes 85 new that reflect recent technological developments. It provides life-span estimates for the major equipment and other capital asset investments found in hospitals, health systems, physician group practice and physician offices. This book can save organizations immeasurable time and reduce the risk of reimbursement questions arising from the assigned life of a capital asset. The publisher is grateful to the following individuals for assisting with the development of this edition: George S. Arges, Health Data Management Group, American Hospital Association; David S. Felsenthal, Wellspring Valuation, Ltd.; Martha Garner and Todd Hall, PriceWaterhouseCoopers; Sally Mason Boemer, Partners Healthcare System; Michael Miller, Healthcare Valuation Services; John S. Oliva, American Appraisal Associates; Ed Pruchunas, Cedars-Sinai Medical Center; and Doug Young and Carl Turano, Northwestern Memorial Hospital. The estimates developed over the course of these eight editions have been based primarily on the recommendations of the following appraisal firms: American Appraisal Associates, Inc., Milwaukee; Marshall & Stevens Incorporated, St. Louis; Valuation Counselors Group, Inc., Chicago; and Wellspring Valuation, Ltd., Chicago. The American Hospital Association (AHA) is the national organization that represents and serves all types of hospitals, health care networks, and their patients and communities. Close to 5,000 hospitals, health care systems, networks, other providers of care and 37,000 individual members come together to form the AHA. Founded in 1898, the AHA provides education for health care leaders and is a source of information on health care issues and trends. The Health Forum was created in the fall of 1998 through the union of The Healthcare Forum and the American Hospital Association's publishing and data and information subsidiaries. (information from the publisher) You may also be interested in / The Directory of Healthcare Recruiters Jump to a List / Health Administration & Leadership / Physician Executive, Medical Staff & Practice Management / Finance, Accounting, Economics, Billing & Reimbursement / Coding for Hospital, Physician & Clinical Services / Law, Malpractice, Ethics, Accreditation & Compliance / Quality Improvement, Outcomes & Customer Service / Risk Management, Security, Error Reduction & Patient Safety / Information Systems, Technology & Medical Records / Clinical Management & Executive Nursing / Behavioral Health, Social Work & Psychiatry Management / Human Resources, Management & Supervision / Directories, Data, Trends & Benchmarks / Software & CD-ROMs / Gift Ideas & Recommended Gifts / Journals, Magazines & Newsletters / Search for Books / Books Index / Go to / Home Page / Toolbox for Health Administrators / Bookstore |
