Health Care Budgeting and Financial Management

In today''s chaotic health reform environment it is especially important for non-financial health care managers to have a practical guide to the tools and concepts they need to manage their human supply and equipment resources.Today''s health care managers frequently were yesterday''s technicians physicians and nurses. This puts them in an interesting predicament since they know the health care side of the business but often lack the financial management skills necessary to create budgets and manage finances in a health care setting. In this guide William J. Ward Jr. offers easy-to-understand explanations of basic accounting concepts including cash flow operating cost and cost behavior revenue and reimbursement and so much more.Providing clearly presented financial information in the context of health care Ward''s book is a one-stop desk reference that provides practical useful tools and knowledge that readers can immediately put to use. It will help managers directors and clinical leaders who work in hospitals physician practices and other provider organizations to effectively manage their financial resources on a day-to-day basis providing guidance for essential tasks such as preparing budgets managing their departments and making decisions around financial issues.