Contents |
Part I. Healthcare finance overview. Introduction to healthcare finance ; Five things the healthcare manager needs to know about financial management systems ; Using Excel -- Part II. Assets, liabilities, revenues, and expenses. Assets, liabilities, net worth ; Revenues ; Expenses -- Part III. Understanding costs and managing expenses. Direct and indirect costs ; Cost behavior and break-even analysis ; Managing staffing and salaries: methods, operations, and regulations ; Managing supplies, equipment, and facilities -- Part IV. Reporting and measuring financial performance. Financial statements, reporting organizational financial performance ; Financial ratios and operating indicators, assessing financial performance ; Common sizing, trend analysis, compound growth rates, and counts versus rates -- Part V. Constructing and evaluating budgets. Constructing an operating budget ; Variance analysis and sensitivity analysis ; Benchmarking, estimates, and measurement tools ; Using Lean Six Sigma to improve financial performance ; The time value of money ; Constructing a capital budget -- Part VI. Evaluating capital investments. Investing, borrowing, and statistics ; Business loans and financing costs ; Purchasing versus leasing -- Part VII. Data analytics, planning, and payment systems. Understanding the impact of data analytics and big data ; Strategic planning and the healthcare financial manager ; Creating a business plan ; Healthcare delivery systems, finance, and reimbursement ; Value-based health care and its financial and digital outcomes ; New payment methods: MIPS and APM ; Standardizing measures and payment in post-acute care ; ICD-10: finance and strategic challenges -- Part VIII. Case studies. Break-even analysis ; Ratios and operating indicators ; Budgeting ; Variance analysis ; Capital budgeting. |