Introduction to Health Care Economics and Financial Management: Fundamental Concepts with Practical Applications
This text presents basic concepts of economics and tools for financial management in the health care arena, including budgeting, breakeven analysis, financial reporting, business plan preparation, and grant writing. The text includes practical case examples drawn from actual health care settings to relate theory to real-world practice. A sample grant proposal and unique grant writing chapter will prepare students for this critical aspect of management.\ A free, back-of-book CD-ROM provides...
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This text presents basic concepts of economics and tools for financial management in the health care arena, including budgeting, breakeven analysis, financial reporting, business plan preparation, and grant writing. The text includes practical case examples drawn from actual health care settings to relate theory to real-world practice. A sample grant proposal and unique grant writing chapter will prepare students for this critical aspect of management.A free, back-of-book CD-ROM provides sample worksheets for analyzing budgets and determining breakeven points, cost-benefit, and cost-effectiveness, as well as sample budgets. Students can use the worksheets to apply their own data and complete their own analyses.
Pt. 1Introduction of Health Economics and Managed Care1Ch. 1Fundamental Principles of Health Care Economics1Ch. 2Fundamentals of Insurance and Managed Care30Ch. 3Financial Reporting in Managed Care Settings46Pt. 2Budgets, Budget Monitoring, and Budget Preparation61Ch. 4Types and Components of Budgets63Ch. 5Budget Monitoring and Control86Ch. 6Budget Preparation108Ch. 7Cost Allocation and Cost-Finding134Pt. 3Financial Analysis Tools151Ch. 8Break-Even Analysis151Ch. 9Cost-Benefit Analysis and Cost-Effectiveness Analysis171Pt. 4Understanding and Using Financial Reports179Ch. 10Basics of Financial Accounting and Reporting179Ch. 11Basic Financial Analysis206Pt. 5Applying Budgeting and Financial Analysis: Business Plans and Grant Proposals227Ch. 12Writing a Business Plan227Ch. 13Grant Writing: Getting Funding From an Outside Source234Pt. 6International Perspectives and Future Trends249Ch. 14International Health Economics Issues249Ch. 15Future Trends and Keeping Updated258App. ACost Benefit Analysis267App. BCost Effectiveness Analysis273App. CBusiness Plan278App. DGrant Proposal287App. EPolicy Question Worksheet292Glossary293Index313
