Fundamentals of health care financial management : a practical guide to fiscal issues and activities / Steven Berger.

Includes bibliographical references (pages 469-471) and index.

Part One. January -- What Is Health Care? -- What Is Management? -- What Is Financial Management? -- Why Is Financial Management Important? -- Ridgeland Heights Medical Center: The Primary Statistics -- Pro Forma Development -- Living with the Finance Committee and Board of Directors' Calendar -- Year-End Closing -- Part Two. February -- Accounting Principles and Practices -- Objectives of Financial Reporting -- Basic Accounting Concepts -- Basic Financial Statements of a Health Care Organization -- Uses of Financial Information -- The Financial Statements -- Preparing for the Auditors -- Analysis of Sensitive Accounts -- February Finance Committee Special Reports -- Part Three. March -- Strategic Financial Planning: Five-Year Projections -- RHMC Strategic Financial Planning -- Ratio Analysis -- The Capital Plan and Its Relationship to the Strategic Plan -- Part Four. April -- Medicare and Medicaid Net Revenue Concepts -- Calculation of Medicare and Medicaid Contractual Adjustments -- Implications of the Balanced Budget Act of 1997 -- Implication of the Medicare Modernization Act of 2003 -- Managed Care Net Revenue Concepts -- Preparation of the Medicare and Medicaid Cost Report -- Ratio of Costs to Charges -- Presentation of the Audited Financial Statements to the Finance Committee -- Part Five. May -- Fundamentals of Revenue Cycle Management -- Patient Registration: To Which Division Should It Report? -- Calculation of the Allowance for Doubtful Accounts and Bad-Debt Expense -- Calculation of the Allowance for Contractual Adjustments -- Part Six. June -- Budget Preparation: The Beginning -- Budget Calendar -- Volume Issues -- Capital Budgeting: June -- Accounting and Finance Department Responsibilities -- June Finance Committee Special Agenda Items -- Part Seven. July -- Budget Preparation: The Middle Months -- Capital Budgeting: July -- Regulatory and Legal Environment -- Other Regulatory and Business Compliance Issues -- Corporate Compliance -- Accreditation Issues -- Patient Satisfaction Issues -- Part Eight. August -- Capital Budget: August -- Operating Budget -- Budget Variance Analysis -- Budget Variance Parameters -- Flexible Budgeting -- Cost Accounting and Analysis -- August Finance Committee Special Agenda Items -- Part Nine. September -- Operating Budget -- Capital Budget: September -- Cash Budget -- Physician Practice Management Issues -- Part Ten. October -- Information Systems Implications for Health Care Financial Management -- Information Technology Strategic Plan Initiatives -- HIPAA Implementation Issues -- Selection of a New Health Care Information System -- Budget Presentation to the Board Finance Committee -- October Finance Committee Special Agenda Items -- Part Eleven. November -- Preparation of the Budget Results and Delivery to the Department Managers -- Budgeting and Spreading Contractual Adjustments by Department -- Issues Involving RHMC's Cost Structure -- How to Improve the Organization's Cost Structure -- Supply Chain Management in Health Care -- Benefits of Tax Status for Health Care Organizations -- Preparation and Implications of the Annual IRS 990 Report -- Part Twelve. December -- Getting Ready for Year-End Reporting-Again -- Open-Heart Surgery Pro Forma -- December Finance Committee Special Agenda Items -- Looking into the Future of Health Care Finance.

In this thoroughly revised and updated third edition of Fundamentals of Health Care Financial Management, consultant and educator Steven Berger offers a practical step-by-step approach to understanding the fundamental theories and relationships guiding financial decisions in health care organization. Set in a fictional mid-sized hospital, the book is written in diary form, taking the reader into the inner workings of the finance executive's office. This introduction to the most-used tools and techniques of health care financial management includes health care accounting and financial statements; managing cash, billings and collections; making major capital investments; determining cost and using cost information in decision-making; budgeting and performance measurement; and pricing. As in the previous editions, this book introduces key practical concepts in fundamental areas of financial management.

Machine converted from AACR2 source record.