Understanding Healthcare Financial Management, Sixth Edition

Today's healthcare managers are placing increased emphasis on financial implications when making operating decisions. Understanding Healthcare Financial Management, sixth edition, provides the financial theory and the "nuts and bolts" managers in a variety of provider settings need to make better decisions. Real-world examples and spreadsheet analyses are featured throughout the book.

The sixth edition features new and expanded material:

• Medicare reimbursement methods
• Pay-for-performance and consumer-directed health plans
• Revenue cycle
• Credit enhancement
• Business unit forecasting
• Merger activity in the health services industry
• Antitrust regulation
• Overview of derivatives

Companion website enhances learning and clarifies concepts

Go online to access additional tools for financial decision making:

• Spreadsheet models that illustrate text calculations
• Spreadsheet problem sets that cover new concepts
• A bonus chapter, "Distributions to Owners: Bonuses, Dividends, and Repurchases"
• Tutorial on using a financial calculator

New online resources:

• A healthcare reform primer that explains how new reform legislation - the Patient Protection and Affordable Care Act - affects healthcare financial management
• Mini-cases that provide more detailed real-world practice with concepts