{"product_id":"essentials-of-health-care-organization-finance-isbn-9780787974039","title":"Essentials of Health Care Organization Finance","description":"\"Finally! The book that all health care board members needed but were afraid to ask for! Those dark days of staring at incomprehensible numbers during board meetings, of nervous nodding when their financially-literate brethren make comments or ask questions, of voting on things that they do not understand are gone! This book is long overdue and should be read by every trustee who is not a finance professional.\"\u003cbr\u003e --\u003cb\u003eJames E. Orlikoff\u003c\/b\u003e, president, Orlikoff \u0026amp; Associates, Inc. and executive director, American Governance \u0026amp; Leadership Group  \u003cp\u003eAccounting for $1.4 trillion in expenditures (13.7 percent of gross domestic product), health care is one of the nation's largest and fastest growing industries. This concise, expertly written primer on health care organization finance is a nuts and bolts guide to what has become every hospital's most sensitive topic. Health care organization board members must possess basic financial competence to govern effectively. This book will help them acquire, easily and painlessly, the basic financial literacy essential for discharging their roles and fulfilling their fiduciary duties.\u003c\/p\u003e  List of Exhibits.  \u003cp\u003eForeword.\u003c\/p\u003e \u003cp\u003ePreface.\u003c\/p\u003e \u003cp\u003eAbout the Authors.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e1. Governing.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eObligations.\u003c\/p\u003e \u003cp\u003eResponsibilities.\u003c\/p\u003e \u003cp\u003eRoles.\u003c\/p\u003e \u003cp\u003eGovernance Work.\u003c\/p\u003e \u003cp\u003eGovernance “Enablers”.\u003c\/p\u003e \u003cp\u003eIn the Boardroom.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e2. Financial Responsibilities.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eObjectives.\u003c\/p\u003e \u003cp\u003ePlans.\u003c\/p\u003e \u003cp\u003eMonitoring and Assessing.\u003c\/p\u003e \u003cp\u003eControls and the Audit.\u003c\/p\u003e \u003cp\u003eOrganization.\u003c\/p\u003e \u003cp\u003eIn the Boardroom.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e3. Health Care Industry Financial Structure and Dynamics.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Big Picture.\u003c\/p\u003e \u003cp\u003eHealth Insurance.\u003c\/p\u003e \u003cp\u003eVoluntary Health Insurance.\u003c\/p\u003e \u003cp\u003eSocial Insurance (Medicare).\u003c\/p\u003e \u003cp\u003eWelfare Insurance (Medicaid).\u003c\/p\u003e \u003cp\u003eHealth Maintenance Organizations.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e4. Accounting Basics.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAccounting Principles.\u003c\/p\u003e \u003cp\u003eAccounting Entity.\u003c\/p\u003e \u003cp\u003eAccounting Period.\u003c\/p\u003e \u003cp\u003eMonetary Unit.\u003c\/p\u003e \u003cp\u003eObjectivity.\u003c\/p\u003e \u003cp\u003eAccrual Accounting.\u003c\/p\u003e \u003cp\u003eMateriality.\u003c\/p\u003e \u003cp\u003eFull Disclosure and Transparency.\u003c\/p\u003e \u003cp\u003eConservatism, Consistency, and Comparability.\u003c\/p\u003e \u003cp\u003eAccounting Value.\u003c\/p\u003e \u003cp\u003eAccounting Equation.\u003c\/p\u003e \u003cp\u003eRevenues.\u003c\/p\u003e \u003cp\u003eExpenses.\u003c\/p\u003e \u003cp\u003eSummary.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e5. Reading Financial Statements.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eRevenue\/Expense Summary.\u003c\/p\u003e \u003cp\u003eBalance Sheet.\u003c\/p\u003e \u003cp\u003eStatement of Cash Flows.\u003c\/p\u003e \u003cp\u003eIn the Boardroom.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e6. Analyzing Financial Statements and Overseeing Financial Performance.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eHorizontal and Vertical Analyses.\u003c\/p\u003e \u003cp\u003eRatio Analysis.\u003c\/p\u003e \u003cp\u003eFinancial Oversight.\u003c\/p\u003e \u003cp\u003eIn the Boardroom.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e7. Looking Forward: Vision, Strategies, Financial Plans, and Budgets.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Vision and Strategic Planning.\u003c\/p\u003e \u003cp\u003eFinancial Planning.\u003c\/p\u003e \u003cp\u003eBudgeting.\u003c\/p\u003e \u003cp\u003eIn the Boardroom.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e8. Source of Funds: Financing.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCapital Structure.\u003c\/p\u003e \u003cp\u003eCreditworthiness.\u003c\/p\u003e \u003cp\u003eLong-Term Debt Financing.\u003c\/p\u003e \u003cp\u003eIn the Boardroom.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e9. Use of Funds: Capital Investment.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eApproaches.\u003c\/p\u003e \u003cp\u003eTypes of Capital Investment.\u003c\/p\u003e \u003cp\u003eFinancial Analysis of Capital Projects.\u003c\/p\u003e \u003cp\u003eIn the Boardroom.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e10. Financial Integrity and Credibility.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAudit Committee.\u003c\/p\u003e \u003cp\u003eThe Audit.\u003c\/p\u003e \u003cp\u003eInternal Controls.\u003c\/p\u003e \u003cp\u003eEmerging Expectations and Standards.\u003c\/p\u003e \u003cp\u003eIn the Boardroom.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e11. The Finale.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAdmonitions.\u003c\/p\u003e \u003cp\u003eChecklist.\u003c\/p\u003e \u003cp\u003eResources.\u003c\/p\u003e \u003cp\u003eAppendix A: E. Polley Francis Hospital, Traditionally Configured Financial Statements.\u003c\/p\u003e \u003cp\u003eAppendix B: Executive Summary of Sarbanes-Oxley Act Provisions and NYSE Governance Rules.\u003c\/p\u003e \u003cp\u003eAppendix C: E. Polley Francis Hospital, Illustrative Code-of-Conduct Provisions.\u003c\/p\u003e \u003cp\u003eIndex.\u003c\/p\u003e  \u003cb\u003eDennis D. Pointer\u003c\/b\u003e is Austin Ross Professor at the University of Washington, School of Public Health and Community Medicine. He is one of the country’s most highly regarded governance consultants. Two of his previous books, Really Governing and Board Work have won the James Hamilton Book of the Year Award from the American College of Healthcare Executives.  \u003cp\u003e\u003cb\u003eDennis M. Stillman\u003c\/b\u003e is associate director, Program in Health Services at the University of Washington where he teaches graduate-level courses in accounting and finance. For twelve years, he was chief financial officer at the University of Washington Medical Center.\u003c\/p\u003e  Praise for Essentials of Health Care Organization Finance  \u003cp\u003e\"Finally! The book that all health care board members needed but were afraid to ask for! Those dark days of staring at incomprehensible numbers during board meetings, of nervous nodding when their financially-literate brethren make comments or ask questions, of voting on things that they do not understand are gone! This book is long overdue and should be read by every trustee who is not a finance professional.\"\u003cbr\u003e –James E. Orlikoff, president, Orlikoff \u0026amp; Associates, Inc. and executive director, American Governance \u0026amp; Leadership Group\u003c\/p\u003e \u003cp\u003e\"Improving director financial literacy is key to increasing the quality and effectiveness of health care organization governance. Pointer and Stillman have written a ‘one-of-a-kind’ book for board members–long-tenured or new–needing a better grounding in the basics of accounting and finance.\"\u003cbr\u003e –Monte Dube, chairman, Health Law Department, McDermott, Will \u0026amp; Emery Attorneys-at-Law, Chicago, Illinois\u003c\/p\u003e \u003cp\u003e\"This book is a must read for board members who lack grounding in the basics of accounting and finance or those needing a refresher. It lifts the financial fog that many directors experience in their boardrooms.\"\u003cbr\u003e –R. Timothy Stack, president and CEO, Gregory Hurst, executive vice president and CFO, and Charles W. Wickliffee, board chair, Piedmont Medical Center, Atlanta, Georgia\u003c\/p\u003e  “Finally! The book that all health care board members needed but were afraid to ask for!  Those dark days of staring at incomprehensible numbers during board meetings, of nervous nodding when their financially-literate brethren make comments or ask questions, of voting on things that they do not understand are gone! This book is long overdue and should be read by every trustee who is not a finance professional.”\u003cbr\u003e --James E. Orlikoff, president, Orlikoff \u0026amp; Associates, Inc. and executive director, American Governance \u0026amp; Leadership Group  \u003cp\u003e“Improving director financial literacy is key to increasing the quality and effectiveness of health care organization governance.  Pointer and Stillman have written a ‘one-of-a-kind’ book for board members--long-tenured or new—needing a better grounding in the basics of accounting and finance.”\u003cbr\u003e --Monte Dube, chairman, Health Law Department, McDermott, Will \u0026amp; Emery Attorneys-at-Law, Chicago, Illinois\u003c\/p\u003e \u003cp\u003e“This book is a \u003ci\u003emust\u003c\/i\u003e read for board members who lack grounding in the basics of accounting and finance or those needing a refresher. It lifts the financial fog that many directors experience in their boardrooms.”\u003cbr\u003e --R. Timothy Stack, president and CEO, Gregory Hurst, executive vice president and CFO, and Cahrles W. Wickliffee, board chair, Piedmont Medical Center, Atlanta, Georgia\u003c\/p\u003e","brand":"Jossey-Bass","offers":[{"title":"Default Title","offer_id":47989160870117,"sku":"NP9780787974039","price":65.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780787974039.jpg?v=1761783040","url":"https:\/\/k12savings.com\/es\/products\/essentials-of-health-care-organization-finance-isbn-9780787974039","provider":"K12savings","version":"1.0","type":"link"}