Healthcare and Business -- Leadership and Governance -- Revenue Cycle -- Financial Definitions and Variances -- Income Statement -- Balance Sheet -- Statement of Cash Flows -- Financial Ratios -- Budgeting and Variance Analysis -- Strategic Planning and Business Planning -- Healthcare Insurance -- Managed Care -- Payment Methods -- Corporation and Hospital Structures -- Physician Employment and Compensation -- Medical Business Law and Regulations -- New Government Initiatives
Summary
This book presents a practical set of business administration skills for physicians and other healthcare professionals who assume administrative positions in healthcare organizations. It describes management and leadership practices;revenue cycle and financial statements; financial planning, analysis, and execution; strategic planning; managed care; payment methods; hospital governance; and medical business law. Written for the healthcare professional in easily understandable language, Medicine and Business describes each concept, delineates its applications in public and private healthcare organizations, and provides insight into future developments in each sector