Fundamentals of Healthcare Finance

Financial realities play an important role in many, if not most,  management decisions made in healthcare organizations. Financial acumen  is a critical professional competency for all healthcare managers,  regardless of the functional area or setting they work in. Fundamentals  of Healthcare Finance provides a solid grounding in the principles and  tools of accounting and finance that managers use daily. From planning  and budgeting to risk analysis and financial reporting, core concepts  are clearly explained and supported by real-world examples. This fourth  edition has been updated throughout to reflect the most recent payment  models and current financial accounting standards. A new chapter  describes the role that internal control and governance play in ensuring  the accuracy of financial information, as well as strategies for  identifying and preventing errors and fraud.