This is the most practical financial management text for those who need basic financial management knowledge and a better understanding of healthcare finance in particular. Using actual examples from hospitals, long-term care facilities, and home health agencies, this user-friendly text includes practical information for the nonfinancial manager charged with budgeting.
All new chapters in the Second Edition:
- Communicating Financial Information to Others
- Comparative Data, Forecasts and Benchmarking
- Business Loans and Financing Costs
- Owning versus Leasing Equipment
- Putting It All Together: Creating a Business Plan
- Assets, Liabilities and Net Worth
- Capital Expenditure Budgets