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 amp 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) 2 22 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 exams, please visit https://www.nabweb.org/examinations
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Judith J. Baker, PhD, CPA, is Executive Director and a partner of The Resource Group, a Dallas-based health care consulting firm. Judith has over thirty years experience in health care and consults on numerous health care systems and costing problems. She has worked with health care systems, costing, and reimbursement throughout her career. As a CMS subcontractor she assists in validation of costs for new programs and for rate setting and consults on cost report design. She is an Assistant Professor at the University of Rochester School of Nursing and also serves as adjunct faculty at the Case Western Reserve University School of Nursing. Dr. Baker received her B.S. from the University of Missouri, an M.L.S. from the University of Oklahoma, and an M.A. and PhD from the Fielding Institute, Santa Barbara, California. She has published numerous peer-reviewed articles and is Editor Emeritus of the quarterly Journal of Health Care Finance. Among her publications are seven books, including Activity-Based Costing and Activity-Based Management for Health Care; Health Care Cost Accounting; Management Accounting for Health Care Organizations (with Robert Hankins); and Health Care Finance for Non-Financial Managers (with R.W. Baker).
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