{"product_id":"fundamentals-of-health-care-financial-management-9781118801680","title":"Fundamentals of Health Care Financial Management","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003e\u003cb\u003eLearn the essentials of finance theory and practice with the tools needed in day-to-day practice\u003c\/b\u003e  \u003cp\u003eIn this thoroughly revised and updated fourth edition of \u003ci\u003eFundamentals of Health Care Financial Management\u003c\/i\u003e, 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. Using cases set in a fictional mid-sized hospital, the book takes the reader into the inner workings of the finance executive''s office.\u003c\/p\u003e \u003cp\u003eAs in the previous editions, this book introduces students to key practical concepts in fundamental areas of financial management. This innovative introduction to the most-used tools and techniques 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 \u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003eFigures, Tables, and Exhibits vii\u003c\/p\u003e \u003cp\u003ePreface xv\u003c\/p\u003e \u003cp\u003eAcknowledgments xix\u003c\/p\u003e \u003cp\u003eThe Author xxi\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1: January 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhat Is Health Care? 3\u003c\/p\u003e \u003cp\u003eWhat Is Management? 5\u003c\/p\u003e \u003cp\u003eWhat Is Financial Management? 6\u003c\/p\u003e \u003cp\u003eWhy Is Financial Management Important? 8\u003c\/p\u003e \u003cp\u003eRidgeland Heights Medical Center: The Primary Statistics 9\u003c\/p\u003e \u003cp\u003ePro Forma Development 13\u003c\/p\u003e \u003cp\u003eLiving with the Finance Committee and Board of Directors’ Calendar 19\u003c\/p\u003e \u003cp\u003eYear-End Closing 24\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2: February 31\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAccounting Principles and Practices 32\u003c\/p\u003e \u003cp\u003eObjectives of Financial Reporting 34\u003c\/p\u003e \u003cp\u003eBasic Accounting Concepts 35\u003c\/p\u003e \u003cp\u003eBasic Financial Statements of a Health Care Organization 36\u003c\/p\u003e \u003cp\u003eUses of Financial Information 37\u003c\/p\u003e \u003cp\u003eThe Financial Statements 39\u003c\/p\u003e \u003cp\u003ePreparing for the Auditors 52\u003c\/p\u003e \u003cp\u003eAnalysis of Sensitive Accounts 54\u003c\/p\u003e \u003cp\u003eFebruary Finance Committee Special Reports 56\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3: March 61\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eStrategic Financial Planning: Five-Year Projections 63\u003c\/p\u003e \u003cp\u003eRHMC Strategic Financial Planning 67\u003c\/p\u003e \u003cp\u003eRatio Analysis 74\u003c\/p\u003e \u003cp\u003eThe Capital Plan and Its Relationship to the Strategic Plan 84\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4: April 91\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eMedicare and Medicaid Net Revenue Concepts 94\u003c\/p\u003e \u003cp\u003eCalculation of Medicare and Medicaid Contractual Adjustments 100\u003c\/p\u003e \u003cp\u003eImplications of the Balanced Budget Act of 1997 109\u003c\/p\u003e \u003cp\u003eImplications of the Medicare Modernization Act of 2003 115\u003c\/p\u003e \u003cp\u003eImplications of the Patient Protection and Affordable Care Act of 2010 (PPACA or ACA) 117\u003c\/p\u003e \u003cp\u003eManaged Care Net Revenue Concepts 131\u003c\/p\u003e \u003cp\u003ePreparation of the Medicare and Medicaid Cost Report 137\u003c\/p\u003e \u003cp\u003ePresentation of the Audited Financial Statements to the Finance Committee 140\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5: May 145\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFundamentals of Revenue Cycle Management (RCM) 146\u003c\/p\u003e \u003cp\u003eCalculation of the Allowance for Doubtful Accounts and Bad-Debt Expense 165\u003c\/p\u003e \u003cp\u003eCalculation of the Allowance for Contractual Adjustments 170\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6: June 175\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBudget Preparation: The Beginning 177\u003c\/p\u003e \u003cp\u003eBudget Calendar 177\u003c\/p\u003e \u003cp\u003eVolume Issues 185\u003c\/p\u003e \u003cp\u003eCapital Budgeting: June 190\u003c\/p\u003e \u003cp\u003eAccounting and Finance Department Responsibilities 195\u003c\/p\u003e \u003cp\u003eJune Finance Committee Special Agenda Items 198\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7: July 203\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBudget Preparation: The Middle Months 204\u003c\/p\u003e \u003cp\u003eCapital Budgeting: July 221\u003c\/p\u003e \u003cp\u003eRegulatory and Legal Environment 223\u003c\/p\u003e \u003cp\u003eOther Regulatory and Business Compliance Issues 227\u003c\/p\u003e \u003cp\u003eCorporate Compliance 228\u003c\/p\u003e \u003cp\u003eAccreditation Issues 229\u003c\/p\u003e \u003cp\u003ePatient Satisfaction Issues 232\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8: August 235\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCapital Budget: August 236\u003c\/p\u003e \u003cp\u003eOperating Budget 246\u003c\/p\u003e \u003cp\u003eBudget Variance Analysis 249\u003c\/p\u003e \u003cp\u003eBudget Variance Parameters 252\u003c\/p\u003e \u003cp\u003eFlexible Budgeting 252\u003c\/p\u003e \u003cp\u003eAugust Finance Committee Special Agenda Items 260\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9: September 263\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eOperating Budget 265\u003c\/p\u003e \u003cp\u003eCapital Budget: September 275\u003c\/p\u003e \u003cp\u003eCash Budget 277\u003c\/p\u003e \u003cp\u003ePhysician Practice Management Issues 280\u003c\/p\u003e \u003cp\u003eCurrent Physician Practice Issues—2013 292\u003c\/p\u003e \u003cp\u003eAdditional Physician-Hospital Integration Issues 294\u003c\/p\u003e \u003cp\u003eMonthly Physician Reporting 295\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10: October 299\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eInformation Systems Implications for Health Care Financial Management 301\u003c\/p\u003e \u003cp\u003eInformation Technology Strategic Plan Initiatives 304\u003c\/p\u003e \u003cp\u003eHIPAA Implementation Issues 306\u003c\/p\u003e \u003cp\u003eSelection of a New Health Care Information System 310\u003c\/p\u003e \u003cp\u003eBudget Presentation to the Board Finance Committee 316\u003c\/p\u003e \u003cp\u003eOctober Finance Committee Special Agenda Items 328\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 11: November 331\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePreparation of the Budget Results and Delivery to the Department Managers 333\u003c\/p\u003e \u003cp\u003eBudgeting and Spreading Contractual Adjustments by Department 337\u003c\/p\u003e \u003cp\u003eIssues Involving RHMC’s Cost Structure 340\u003c\/p\u003e \u003cp\u003eHow to Improve the Organization’s Cost Structure 344\u003c\/p\u003e \u003cp\u003eSupply Chain Management in Health Care 352\u003c\/p\u003e \u003cp\u003eBenefits of Tax Status for Health Care Organizations 356\u003c\/p\u003e \u003cp\u003ePreparation and Implications of the Annual IRS 990 Report 360\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 12: December 367\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eGetting Ready for Year-End Reporting—Again 371\u003c\/p\u003e \u003cp\u003eOpen-Heart Surgery Pro Forma 371\u003c\/p\u003e \u003cp\u003eDecember Finance Committee Special Agenda Items 380\u003c\/p\u003e \u003cp\u003eLooking into the Future of Health Care Finance 383\u003c\/p\u003e \u003cp\u003eFuture Conclusions 397\u003c\/p\u003e \u003cp\u003eReferences 401\u003c\/p\u003e \u003cp\u003eIndex 407\u003c\/p\u003e","brand":"John Wiley \u0026 Sons Inc","offers":[{"title":"Default Title","offer_id":49406926848343,"sku":"9781118801680","price":81.86,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9781118801680.jpg?v=1730497582","url":"https:\/\/bookcurl.com\/products\/fundamentals-of-health-care-financial-management-9781118801680","provider":"Book Curl","version":"1.0","type":"link"}