Health Care Finance: Basic Tools for Nonfinancial Managers, 5th Edition

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Health Care Finance: Basic Tools for Nonfinancial Managers, Fifth Edition is the most practical and applied text for those who need a basic and better understanding of health care financial management. 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. This exhaustive revision offers updated data throughout as well as six new chapters covering various cutting edge topics from the changing landscape in healthcare finance to understanding big data, strategic relationships, value based health care, and new payment methods. New to the Fifth Edition: Six new chapters that explore cutting edge topics from big data and the digital age, to value-based health care, MIPS & APMS, new requirements for payments in post-acute care. New case study: “The Doctor’s Dilemma” Three new appendices offer helpful reference material on meaningful use, creating a DRG budget, and reviewing a comparative operating budget report. This text is part of the National Association of Long Term Care Administrator Board’s (NAB) 2022 recommended reference list for those preparing to take the following federal licensing/certification exams: • CORE: General Knowledge Examination for Long Term Care Administrators • NHA: Nursing Home Administrators Line of Service Exam • RCAL: Resident Care and Assisted Living Administrators Line of Service Exam • HCBS: Home and Community-Based Service Administrators Line of Service Exam For more information regarding the NAB exam

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