Written in the same nontechnical and succinct approach as the previous editions, this book introduces nonfinancial managers to the fundamental concepts and skills necessary to manage cost effectively. Concise appendices review the key concepts in economics, accounting, and statistics for professionals without prerequisite knowledge. New material on the following topics: The financial impact of patient safety The public's concern about accounting integrity and healthcare's response The
financial implications of the
Medicare Prescription Drug Improvement and Modernization Act The need for entitlement reform The most recent projections on the financial status of the healthcare industry The
When you're dealing with hospital finances it's true that you're dealing with a real two-headed sword. On the one sword, you have patient satisfaction to deal with. But on the other we all want to