Estimated Useful Lives Of Depreciable Hospital Assets

An investment in capital assets is an integral part of every strategy to improve the quality and efficiency of health care services. Every capital asset has a limited useful service life, which must be determined and recorded to manage the capital planning process and meet government regulations.

This updated edition defines the productive period of time typical health care capital assets have before they become obsolete. The introduction includes an overview of the importance of the capital planning process and helpful tips on managing capital projects once they are under way. This edition contains information on hundreds of items and includes new capital assets that reflect recent technological developments. It provides asset life span estimates in reference tables for the major equipment and capital asset investments found in hospitals and physician group practices. This book can save any health care organization immeasurable time and reduce the risk of reimbursement questions arising from the assigned life of a capital asset.

Strategies AND techniques for getting the most out of A COMPANY'Sphysical assets Accounting for Fixed Assets, Second Edition presents comprehensiveguidelines for effectively managing property, plant, and equipmentin order to get the maximum benefits out of investments in theselong-term tangible assets. Enhanced with numerous examples andillustrations, this new edition features essential material ongovernment accounting, not-for-profit accounting, and practicalcomputer programs. Complete, up-to-date coverage of fixed-asset accountingincludes: * Asset classification * Base unit * Asset value * Asset safeguards * Inventories of fixed assets * Extraordinary repairs * Written policies * Self-constructed assets

The topic of health care management has escalated to one of the most widely discussed and debated topics in the health care industry, MBA programs, and in the field of medicine in general. In the 1980s, the industry was relatively stable and the need for combining business acumen with medicine was less than today. However, as we enter the 21st century, the need for applying business and management skills to the health care industry is stronger than ever. This Encyclopedia covers every topic a medical professional, institutional administrator, or MBA student would need to know about the business of health care. Key Features * Over 600 entries * More than 160 expert contributors from the fields of medicine, public health, business * Tables on medical degrees, medical specialties, medical organizations, health care acronyms, medical legislation * Unites the business and medical worlds, and spans the academic, corporate, and governmental arenas Topics Covered Accounting and Activity-Based Costing / Economics / Finance / Health Policy / Human Resources / Information Technology / Institutions and Organizations / International Health Care Issues / Legal and Regulatory Issues / Managed Care / Marketing and Customer Value / Operations and Decision Making / Pharmaceuticals and Clinical Trials / Quality / Statistics and Data Mining / Strategy