Fundamentals of Health Care Financial Management: A Practical Guide to Fiscal Issues and Activities, 3rd Edition
Softcover: 512 pages
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Fundamentals of Health Care Financial Management is the revised and updated version of the classic book that offers health care financial managers a practical tool for addressing the financial issues that are unique to the health care industry.
Throughout the book, author Steven Berger - an expert in the field of health care financial management - relates real-world experiences that reveal how to execute the complex activities a health care financial manager must handle on a day-to-day basis. Intended for use as both a text and a professional resource, Fundamentals of Health Care Financial Management also includes critical information about the rules, regulations, policies, and procedures that influence American health care practice.
In addition, this new edition contains timely information on a variety of topics including the latest changes in the tax laws, reimbursement patterns, and an update on privacy regulations. You may view these excerpts here:
Fundamentals of Health Care Financial Management is structured to give the reader the experience of acting as a health care financial manager for a full calendar year. The book presents scenarios that will take the reader through the highs and lows of financial management and reveals the conflicting issues that managers encounter throughout the year.
Managers, executives, and financial officers working in hospitals, skilled nursing facilities, physician offices, home health agencies, psychiatric facilities, and other operations in the health care industry will find this book to be an invaluable resource for improving the financial health of their organization. In this thoroughly revised and updated third edition of Fundamentals of Health Care Financial Management, consultant and educator Steven Berger offers a practical step-by-step approach to understanding the fundamental theories and relationships guiding financial decisions in health care organization. Set in a fictional mid-sized hospital, the book is written in diary form, taking the reader into the inner workings of the finance executive’s office. This introduction to the most-used tools and techniques of health care financial management includes health care accounting and financial statements; managing cash, billings and collections; making major capital investments; determining cost and using cost information in decision-making; budgeting and performance measurement; and pricing. As in the previous editions, this book introduces key practical concepts in fundamental areas of financial management.
Steven Berger is president of Healthcare Insights, LLC, a firm that specializes in the teaching and consulting about health care general and financial management issues. Berger is a CPA with more than twenty-five years' experience in health care financial management.
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