Gapenski's Healthcare Finance: An Introduction to Accounting and
Financial Management explores how healthcare organizations manage
financial operations to optimally provide patient care. This
significantly revised edition of one of Health Administration Press's
best-selling books introduces the key foundational elements of
healthcare finance, including both accounting and financial management.
Numerous examples throughout showcase how healthcare finance is
practiced in a variety of organizations, including hospitals, medical
practices, clinics, home health agencies, nursing homes, and managed
care organizations. Authors Kristin L. Reiter and Paula H. Song
emphasize not only financial theory and principles but also practical
tools healthcare managers can use to make the crucial decisions that
promote the financial well-being of their organization. Gapenski's
Healthcare Finance examines the current financial environment in which
providers operate, with an emphasis on health system design, healthcare
insurance, and reimbursement methodologies. Dates, exhibits, references,
and resources have been updated throughout. All examples and financial
statements reflect current accounting and reporting standards. In a
dynamic environment, healthcare leaders need to practice good financial
decision-making for the health of their patients and the financial
stability of their organization. From this book, current and future
managers will understand the finance problems provider organizations
face and how best to solve them.
