Description
With a focus on real-world applications, Accounting for Healthcare: A Comprehensive Guide delves into the intricacies of managing healthcare finances, encompassing budgeting, controlling expenses, revenue cycle management, and cash flow management. It unravels the complexities of healthcare cost accounting, including activity-based costing, cost allocation, and cost-volume-profit analysis. Strategies for managing and controlling costs are thoroughly examined, promoting cost-effective healthcare services.
The book also provides a comprehensive overview of healthcare insurance and reimbursement, exploring coverage types, reimbursement methodologies, claims management, and strategies for maximizing reimbursement. Capital budgeting and investment receive dedicated attention, guiding readers through techniques for evaluating investment opportunities, return on investment analysis, risk assessment, and financing options.
Furthermore, Accounting for Healthcare: A Comprehensive Guide emphasizes the significance of performance evaluation and analysis in healthcare, presenting financial statement analysis, key financial ratios, and benchmarking practices. It underscores the importance of accounting for healthcare compliance, addressing regulatory requirements, Medicare and Medicaid accounting, HIPAA compliance, and internal controls.
Emerging issues and trends in healthcare accounting are not overlooked, covering the impact of technology, value-based reimbursement models, population health management, big data analytics, and the future of healthcare accounting. The book also offers invaluable insights into accounting for healthcare professionals, including physicians, dentists, pharmacists, and managed care organizations.
Enriched with real-world examples and case studies, Accounting for Healthcare: A Comprehensive Guide provides a practical perspective on the application of accounting principles in various healthcare settings. Readers will gain invaluable knowledge and insights, empowering them to navigate the complexities of healthcare accounting and make informed decisions.
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Language : English
Dimensions : 6 x 9 inches
Pages : 244 pages
Pasquale De Marco stands as a prolific author whose literary prowess knows no bounds. With a passion for storytelling that transcends genres, he has made a name for himself as a versatile writer with the extraordinary ability to captivate readers across diverse literary landscapes. His journey as an author is marked by an insatiable curiosity, a love for the written word, and a relentless commitment to sharing knowledge and experiences with the world.
Pasquale De Marco collaborates with a dedicated team of ghostreaders who assist him in evaluating and editing the manuscripts. His collaborators are not only skilled professionals but also avid readers who purchase and read books as a personal hobby. This unique blend of creativity allows Pasquale to push the boundaries of traditional publishing, making literature more accessible and diverse.
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