Health Care Finance

Why healthcare finance? -- From the laboratory to the patient -- Present value relations -- Evaluating business opportunities -- Valuing bonds -- Valuing stocks -- Portfolio management and the cost of capital -- Therapeutic development and clinical trials -- Decision trees and real options -- Monte Carlo simulation -- Healthcare analytics -- Biotech venture capital -- Securitizing biomedical assets -- Pricing, value, and ethics -- Epilogue : a case study pf royalty pharma.

Essentials of Health Care Finance stands firmly in its place as the leading textbook on healthcare finance. No other text so completely blends the best of current finance theory with the tools needed in day-to-day practice. Useful for all course levels as well as a professional reference, this text offers a comprehensive introduction to the field. The Seventh Edition has been thoroughly revised to reflect the current economic environment in the healthcare industry, with thoughtful descriptions and ‘real-world’ examples. As the not-for-profit health care sector has increasingly come under attack by legislators seeking new sources of tax revenue, this edition also features a new chapter on assessing community benefits including an examination of the new Schedule H of the IRS 990 form. Ancillary instructor materials for the Seventh Edition have been significantly expanded and updated. PowerPoint lecture slides now include selected examples from the chapters. Electronic versions of many of the charts and tables in the chapters are provided to enable the instructor to re-create and modify existing examples. An expanded set of test questions with detailed answers will be provided for each chapter. New excel spreadsheets for selected chapters will be created to help both the students and the instructors perform a variety of financial analysis tasks with spreadsheet templates. The instructor’s manual has been revised to include key learning points, chapter overviews, and guidelines for class discussion.

The essential concepts of both accounting and financial management are covered in this best-selling healthcare finance book. Through clear explanations, numerous examples, and realistic practice problems, it arms future managers with the grounding they need to make financially sound decisions for their healthcare organizations. This thoroughly updated edition provides more emphasis on the unique marketplace for healthcare services and additional examples from nonhospital settings, including medical practices, clinics, home health agencies, nursing homes, and managed care organizations.

Health Care Finance: Basic Tools for Nonfinancial Managers is the most practical financial management text for those who need basic financial management knowledge and a better understanding of healthcare finance in particular. Using actual examples from hospitals, long-term care facilities, and home health agencies, this user-friendly text includes practical information for the nonfinancial manager charged with budgeting. The Fourth Edition offers: - An expanded chapter on Electronic Records Adoption: Financial Management Tools & Decisions - New chapter: "ICD-10 Adoption and Healthcare Computer Systems" - New chapter: "Other Technology Adoption and Management Decisions" - New chapter: "Strategic Planning and the Healthcare Financial Manager" - New case study: Strategic Planning in Long-Term Care that connects with the chapter on strategic planning - New appendix: Appendix C: Employment Opportunities in Healthcare Finance

Distills complex principles essential to nursing practice today into a concise, easy-to-read format The complexities of health care finance, economics, and policy are today inextricably intertwined with traditional nursing practice. This undergraduate nursing text distills these challenging topics into an engaging, easy-to-read format that facilitates ready application into any practice setting. Written specifically for RN to BSN and second degree nursing programs, the book is the only such text grounded in nurses' understanding and experience. Concise and practical, it supports foundational concepts with real-life case studies and clinical applications and reinforces information with interactive quizzes and multimedia materials. The book's content fulfills one of the AACN's key Essentials of Baccalaureate Education. Written by a health economics and policy expert, former dean, and award-winning teacher, the text synthesizes the vast scope of health economics to create an easily understandable guide for nursing action from bedside to boardroom. The text describes the relationship between nursing and health care economics, and traces the history of our health care system from the early 1900s. It contrasts the economics of health care with that of classic free markets, and discusses the intersection of ethics and economics-providing nurses with the ethical tools to thoughtfully consider dilemmas wrought by today's focus on the bottom line. The book describes how to use economic principles to shape organizations and public policy, and includes a step-by-step, skill-building guide to enhancing professional influence through participation on governing boards. Complex ideas are synthesized to create easy understanding and relevance to nursing practice, especially challenging financial principles for nurses having no prior knowledge of this discipline. The book also includes relevant information on the Affordable Care Act and is compatible with online teaching and coursework. Faculty resources include PowerPoint slides, a test bank, comprehensive review questions, and sample syllabi. Key Features: Fulfills one of the key Essentials of Baccalaureate Education Addresses the specific needs of RN to BSN courses with a concise, easy-to-read format Illuminates complex principles with specific, engaging case examples relevant to nursing practice Authored by leading nurse expert, health policy leader, former dean, and award-winning teacher Guides readers in using economic principles to shape organizations and public policy

Health Care Finance and the Mechanics of Insurance and Reimbursement stands apart from other texts on health care finance or health insurance, in that it combines financial principles unique to the health care setting with the methods and process for reimbursement (including coding, reimbursement strategies, compliance, financial reporting, case mix index, and external auditing). It explains the revenue cycle in detail, correlating it with regular management functions; and covers reimbursement from the initial point of care through claim submission and reconciliation. Thoroughly updated for its second edition, this text reflects changes to the Affordable Care Act, Managed Care Organizations, new coding initiatives, new components of the revenue cycle (from reimbursement to compliance), updates to regulations surrounding health care fraud and abuse, changes to the Recovery Audit Contractors (RAC) program, and more.

"Finally! The book that all health care board members needed butwere afraid to ask for! Those dark days of staring atincomprehensible numbers during board meetings, of nervous noddingwhen their financially-literate brethren make comments or askquestions, of voting on things that they do not understand aregone! This book is long overdue and should be read by every trusteewho is not a finance professional." --James E. Orlikoff, president, Orlikoff & Associates,Inc. and executive director, American Governance & LeadershipGroup Accounting for $1.4 trillion in expenditures (13.7 percent ofgross domestic product), health care is one of the nation's largestand fastest growing industries. This concise, expertly writtenprimer on health care organization finance is a nuts and boltsguide to what has become every hospital's most sensitive topic.Health care organization board members must possess basic financialcompetence to govern effectively. This book will help them acquire,easily and painlessly, the basic financial literacy essential fordischarging their roles and fulfilling their fiduciary duties.