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You are here > Home > Reading Lists > Finance & Accounting > Health Care Finance

Health Care Finance: Basic Tools for Nonfinancial Managers
Judith J. Baker, PhD, CPA

Softcover, 315 pages
ISBN 0763726605
9780763726607
Jones & Bartlett
Copyright 2006
(click below for the best currently available price for this important resource)

 

Health Care Finance: Basic Tools for Nonfinancial Managers is a practical financial management book for those who need basic financial management knowledge and a better understanding of health care finance. 

Using actual examples from hospitals, long-term care facilities, and home health agencies, this text will enable you to read, analyze, understand, and use financial statements and budgets in today's health care environment. Some of the topics covered include:

  • What Does the Health Care Manager Need to Know?
  • Revenues (Inflow)
  • Expenses (Outflow)
  • Cost Classifications
  • Cost Behavior and Break-Even Analysis
  • Staffing: The Manager's Responsibility
  • Comparative Data and Forecasts
  • Budgeting and Variance Analysis
  • The Time Value of Money
  • Reporting
  • Financial and Operating Ratios as Performance Measures
  • Other Types of Performance Measures

Included in this text is:

  • An overview of health care finance
  • Managerial accounting and financial analysis
  • Financial management tools
  • Metropolis hospital system case study 
  • Mini-case studies

New chapters include:

  • Communicating Financial Information to Others

  • Comparative Data, Forecasts and Benchmarking

  • Business Loans and Financing Costs

  • Owning versus Leasing Equipment

  • Putting It All Together: Creating a Business Plan

  • Assets, Liabilities and Net Worth

  • Capital Expenditure Budgets

You may view the these excerpts here:

Judith Baker, PhD, CPA, Executive Director, Resource Group, Ltd., Judith Baker received her B.S. in business administration from the University of Missouri, Columbus, an M.S. in human and organization systems from the Fielding Institute, Santa Barbara an M.A. in liberal studies from the University of Oklahoma, Norman and a Ph.D. from the Fielding Institute. She is a full time health care consultant and a partner and Executive Director of Resource Group, Ltd. in Dallas, Texas.  Her clients include providers, manufacturers and suppliers across the spectrum of health care delivery organizations. She is a nationally recognized health care costing and payment authority. She provides support and training about new payment methods and has extensive experience in cost reporting. As a Centers for Medicare and Medicaid Services (CMS) subcontractor she consults on new programs and validates cost report databases used for CMS rate setting purposes. Her work focuses on health care costs, prospective payment systems, resource utilization indicators and related knowledge management. She holds adjunct or assistant professorships at Texas Women’s University and the University of Rochester’s School of Nursing. Ms. Baker is editor emeritus of the Journal of Health Care Finance, Aspen Publishers  (1995 to 2002), author of an array of books and articles on cost accounting and payment systems, including Activity Based Costing and Activity Based Management for Health Care (Aspen Publishers, 1998), Prospective Payment for Long Term Care 2000-2001  (Aspen Publishers, 2000), Cost Accounting for Healthcare Organizations (McGraw Hill, 1999) and co-author of Healthcare Finance: Basic Tools for the Non-Financial Manager (Aspen Publishers, 2000)

(information from the publisher)

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