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Healthcare Management

UNDERSTANDING HEALTHCARE FINANCIAL MANAGEMENT

Louis C. Gapenski - Personal Name;

The study of healthcare ﬁnancial management is both fascinating and rewarding. It is fascinating because so many of the concepts involved have implications for both professional and personal behavior. It is rewarding because, rightly or wrongly, the healthcare environment today, and into the foresee- able future, is forcing managers to place an increasing emphasis on ﬁnancial implications when making operating decisions. First and foremost, ﬁnancial management is a decision science. Whereas accounting provides decision makers with a rational means by which to budget for and measure a business’s ﬁnancial performance, ﬁnancial management provides the theory, concepts, and tools necessary to make better decisions. Thus, the primary purpose of this textbook is to help healthcare managers and students become better decision makers. The text is designed primarily for nonﬁnancial managers, although ﬁnancial specialists—especially those with accounting rather than ﬁnance backgrounds or those who are moving into the health services industry from other industries—will also ﬁnd the text useful.

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Series Title: -
Call Number: -
Publisher: : ., 2007
Collation: 1-134
Language: English
ISBN/ISSN: 978-1-56793-264-5
Classification: NONE
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Edition: -
Subject(s): UNDERSTANDING HEALTHCARE FINANCIAL MANAGEMENT
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