Financial Management Strategies for Hospitals and Healthcare Organizations: Tools, Techniques, Checklists and Case Studies PDF

Preface

Financial Management Strategies for Hospitals and Healthcare Organizations: Tools, Techniques, Checklists and Case Studies will shape the financial management landscape, just as our companion text Hospitals and Healthcare Organizations: Financial Management Strategies, Tools, Techniques, Checklists and Case Studies did in the operational arena, by outlining four important principles.

First, we have assembled a world-class editorial advisory board and independent team of contributors and reviewers, and we have asked them to draw on their experience in operations, leadership, and lean managerial decision making in the healthcare industrial complex. Like many readers, each struggles mightily with the decreasing revenues, increasing costs, and high consumer expectations in today's competitive healthcare marketplace. Yet their practical experience and applied operating vision is a source of objective information, informed opinion, and crucial information to all working in this field.

Second, our writing style allows us to condense a great deal of information into Financial Management Strategies for Hospitals and Healthcare Organizations: Tools, Techniques, Checklists and Case Studies. We integrate prose, managerial applications, and regulatory policies and perspectives with real-world case studies, models, checklists, and reports, as well as charts, tables, and diagrams. The result is an integrated oeuvre of lean management and operation strategies, vital to all healthcare facility administrators, comptrollers, physician-executives, and consulting business advisors.

Third, as editors, we prefer engaged readers who demand compelling content. According to conventional wisdom, printed texts like this one should be a relic of the past, from an era before instant messaging and high-speed connectivity. Our experience shows just the opposite. Applied healthcare management and administration literature has grown exponentially in the past decade, and the plethora of Internet information makes updates that sort through the clutter and provide strategic analysis all the more valuable. Oh, and it should provide some personality and wit, too! Do not forget, beneath the management theory and case models are patients, colleagues, and investors who depend on you.

Finally, it is important to note that proper leadership and cultural expectations are implied in healthcare financial management, and we present case models and studies directly from that space; and not by indirect example from other industries. Healthcare financial management is our core, and only focus.

And so, rest assured that Financial Management Strategies for Hospitals and Healthcare Organizations: Tools, Techniques, Checklists and Case Studies will become an important book for the advancement of financial management and health economics principles in our field. In the years ahead, we trust that these principles will enhance utility and add value to this book. Most importantly, we hope to increase your return on investment.

If you have any comments, or if you would like to contribute material or suggest topics for future editions, please contact me.