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UNDERSTANDING HEALTHCARE FINANCIAL MANAGEMENT
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The study of healthcare financial management is both fascinating and rewarding. It is fascinating because so many of the concepts involved have implications for both professional and personal behavior. It is rewarding because, rightly or wrongly, the healthcare environment today, and into the foresee- able future, is forcing managers to place an increasing emphasis on financial implications when making operating decisions. First and foremost, financial management is a decision science. Whereas accounting provides decision makers with a rational means by which to budget for and measure a business’s financial performance, financial management provides the theory, concepts, and tools necessary to make better decisions. Thus, the primary purpose of this textbook is to help healthcare managers and students become better decision makers. The text is designed primarily for nonfinancial managers, although financial specialists—especially those with accounting rather than finance backgrounds or those who are moving into the health services industry from other industries—will also find the text useful.
Louis C. Gapenski - Personal Name
978-1-56793-264-5
NONE
Healthcare Management
English
2007
1-134
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