Healthcare Management
ACCOUNTING FUNDAMENTALS FOR HEALTH CARE MANAGEMENT
Today’s health care system, with its many different types of health care organizations, is extremely complex. The science of health care is complex, the physical maintenance of the facilities is complex, the interactions and human behaviors within the organizations are complex, and so too are the financial and accounting requirements. The complexity of today’s environment has resulted in the spread of accounting and financial management to all areas within a health care organization. Accounting and financial management is no longer the sole purview of the finance department. Nurse- managers are being held responsible for the financial management of their units, pharmacy directors are making significant financial management decisions on a daily basis, operating room (OR) managers must maintain efficient utilization rates and keep patients flowing through the OR to maintain the financial health of the organization.
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