In terms of health care, Americans want incompatible resultsunlimited access to the best care at affordable prices. With health care assuming an increasing proportion of the American economy, it is vital that health care managers and providers have a comprehensive understanding of finance and economics. This text will help you meet the considerable challenge of cutting costs while enhancing service quality.Health Care Finance and Economics provides a complete understanding of financial management and health economics. Youll develop your role as a manager by learning how to: enhance productivity, market strategy, quality, and profitability; manage capital structure, investment decisions, and financial decisions; improve access to health care, promote managed care, and learn from technology assessment studies; and evaluate what a payer can do to buy prudently yet preserve the biomedical strength of the nation.
This book is a thorough, balanced, and insightful study of what is happening and what should be happening in health care financing.
"This book ... provides the essential information that nurses need to stay relevant in a world that is transitioning away from providing volume of services and treatments, to one that emphasizes the value of the services and treatments ...
"[This book] will change how you practice, how you think about health care and your contributions as a nurse, and it will better prepare you to thrive and advance in the future" -Peter I. Buerhaus, PhD, RN, FAAN, FAANP(h) Professor of ...
The primary weakness of Walker's model is its failure to incorporate fixed labor requirements . A flexible budgeting system should be put into effect instead . Using a high–low method to estimate costs (Chapter 14), the following budget ...
If improving ROE is our goal, it is important to understand the underlying performance relationships that impact that growth. ROE is simply defined as follows: Net Income ROE Equity (or Net Assets) = However, ROE can be factored into a ...
Table P-1 (continued) Relationship Among Essentials of Baccalaureate Education for Professional Nursing Practice and ... Indirect Essential IX.5: Deliver compassionate, patient-centered, evidence- based care that respects patient and ...
Table 16-6 Variance Analysis Summary F = 14 X P1 V = 1 , x Pv Causes of Laundry Department Cost Change , 2002 to ... in cost $ 40,500 18,000 18,900 74,800 $ 152,200 26.6 11.8 12.4 49.1 H = physical units of fixed resources price per ...
In Frankel JA and Orszag PR (eds) American Policy in the 1990s. MIT Press: Cambridge, MA. Newhouse JP and Byrne DJ (1988) Did Medicare's prospective payments system cause length of stay to fall? Journal of Health Economics 7:413–16.
The Economics of Health Care: Finance and Delivery
These lectures review the research and experience on the subject of health care economy.