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Introduction to the Financial Management of Healthcare Organizations, Ninth Edition

Michael Nowicki, EdD, FACHE, FHFMA

ISBN: 978-1-64055-417-7
Softbound, 560pp, 2024
Order Code: 2497i
Gateway to Healthcare Management
  • Member Price: $80.50
  • Non Member Price: $115.00
By Collection:
  • New Release

Book Description

Instructor Resources: Test bank; PowerPoint slides; case study materials; and a transition guide to the new edition.

Regardless of their position or level within an organization, all healthcare managers need to understand the financial effects of their decisions. Introduction to the Financial Management of Healthcare Organizations provides an accessible overview of financial management concepts and their application in a variety of healthcare settings.

The first section of the book lays the groundwork by covering the basics of financial analysis and reporting, generally accepted accounting principles, and the tax status of healthcare organizations. Subsequent chapters delve into the core topics of operational revenue, working capital, and resource allocation. The book ends with a discussion of contemporary issues and trends.

This revised ninth edition features current data, an economics appendix complete with terminology, and a new comprehensive case study at the end of the book. It also includes new or updated content on:
  • The status of the Affordable Care Act and Medicaid expansion
  • Fraud and abuse initiatives and settlements
  • Payment reform, including value-based purchasing, pricing transparency, and surprise billing
  • Healthcare reform efforts, including entitlement reform
  • COVID-19 programs and relief accountability
As in previous editions, the ninth edition reinforces concepts through mini case studies, practice problems, and self-quizzes. A running glossary, a list of abbreviations, and lists of chapter key points further aid comprehension.

Introduction to the Financial Management of Healthcare Organizations will help healthcare managers and clinical students understand and apply core financial management principles. It will also help working managers brush up on their financial skills so they can face daily challenges with confidence.