ECU Libraries Catalog

Baker's health care finance : basic tools for nonfinancial managers / Thomas K. Ross.

Author/creator Ross, Thomas K. author.
Other author/creatorPreceded by (work): Baker, Judith J. Health care finance.
Format Electronic and Book
EditionSixth edition.
Publication Info Burlington, Massachusetts : Jones & Bartlett Learning, [2023]
Description1 online resource
Supplemental Content Direct link to eBook
Subject(s)
Variant title Health care finance
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.
Abstract "A foundation in health care finance; practical skills to manage a budget and the vocabulary to communicate effectively with staff, other managers, and the health care executive management team. For students of Nursing and other allied health professionals who are furthering their career by stepping into management roles and/or are pursuing MHA's or Nursing Leadership/Management degrees and certificates"-- Provided by publisher.
General notePreceded by Health care finance / Judith J. Baker, R.W. Baker, and Neil R. Dworkin. Fifth edition. [2018].
Bibliography noteIncludes bibliographical references and index.
Issued in other formPrint version: 1284233162 9781284233162
ISBN9781284233179 (electronic bk.)
ISBN1284233170 (electronic bk.)

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