Health Care Basic Tools for Nonfinancial Managers, Second Edition is a practical financial management text for those who need basic financial management knowledge and a better understanding of health care finance. Using actual examples from hospitals, long-term care facilities, and home health agencies, this text includes practical information for the nonfinancial manager charged with budgeting. This user-friendly text is a thorough revision. New chapters * Communicating Financial Information to Others * Comparative Data, Forecasts and Benchmarking * Business Loans and Financing Costs * Owning versus Leasing Equipment * Putting It All Creating a Business Plan * Assets, Liabilities and Net Worth * Capital Expenditure Budgets
This is a sweet read, and has been much improved over the first edition. An excellent introduction for those unfamiliar with financial concepts and/or the health care industry.
This might be a decent text if you have never worked in the healthcare industry. Or have never seen a balance sheet. Otherwise it is too basic and not worth the time or money.