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Book Cover
E-book
Author Berger, Steven

Title Fundamentals of Health Care Financial Management A Practical Guide to Fiscal Issues and Activities, 4th Edition
Published Newark : John Wiley & Sons, Incorporated, 2014

Copies

Description 1 online resource (443 p.)
Series New York Academy of Sciences Ser
New York Academy of Sciences Ser
Contents Fundamentals of Health Care Financial Management: A Practical Guide to Fiscal Issues and Activities -- Contents -- Figures, Tables, and Exhibits -- Preface -- Acknowledgments -- The Author -- Chapter 1: January -- What Is Health Care? -- What Is Management? -- What Is Financial Management? -- Why Is Financial Management Important? -- Ridgeland Heights Medical Center: The Primary Statistics -- Managed Care Inroads -- RHMC's Actions to Counter Dwindling Inpatient Census -- RHMC Decision Time -- Financial Management Implications -- Pro Forma Development
Net Present Value and Internal Rate of Return -- Volume Assumptions -- Revenue and Expense Assumptions -- Living with the Finance Committee and Board of Directors' Calendar -- Routine Matters -- Periodic Review Matters -- Year-End Closing -- Chapter 2: February -- Accounting Principles and Practices -- Objectives of Financial Reporting -- Basic Accounting Concepts -- Basic Financial Statements of a Health Care Organization -- Uses of Financial Information -- The Financial Statements -- Balance Sheet -- Statement of Operations -- Statement of Changes in Unrestricted Net Assets (or Equity)
Statement of Cash Flows -- Notes to the Financial Statements -- Preparing for the Auditors -- Analysis of Sensitive Accounts -- Contractual Adjustments -- Accounts Receivable -- Allowance for Doubtful Accounts -- Provision for Bad Debts -- Allowance for Contractual Adjustment -- Third-Party Settlements -- February Finance Committee Special Reports -- Bond Debt Status -- Health Insurance Annual Review -- Chapter 3: March -- Strategic Financial Planning: Five-Year Projections -- Strategic Planning -- Converting Vision (the Strategic Plan) into Financial Reality -- RHMC Strategic Financial Planning
Volume Assumptions -- Payer Mix -- Rates and Reimbursements -- Implications for Operating Expenses -- Ratio Analysis -- Bonding-Related Ratios -- Other Ratios -- Operating Ratios -- The Capital Plan and Its Relationship to the Strategic Plan -- Routine Capital Items -- Information Technology -- Facility Improvements and Upgrades -- Property Acquisition -- Physician Recruitment -- Physician Medical Offi ce Space -- Capital Affordability -- Chapter 4: April -- Medicare and Medicaid Net Revenue Concepts -- The History of Medicare and Medicaid
Impact of Medicare and Medicaid on Provider Net Revenues -- Implications for Ridgeland Heights Medical Center -- Calculation of Medicare and Medicaid Contractual Adjustments -- Medicare Hospital Net Revenue Concepts -- Medicaid Net Revenue Concepts -- Implications of the Balanced Budget Act of 1997 -- Balanced Budget Refi nement Act of 1999 -- Benefits Improvement and Protection Act of 2000 -- Impact of the Balanced Budget Act on Medicaid -- Implications of the Medicare Modernization Act of 2003 -- Implications of the Patient Protection and Aff ordable Care Act of 2010 (PPACA or ACA)
Notes Description based upon print version of record
Reduction in the Annual Medicare Market Basket Payment Updates (APUs)
Genre/Form Electronic books
Form Electronic book
ISBN 9781118801710
1118801717