BRIEF CONTENTS. Preface...xv Acknowledgments...xvi. Part I: Financial Management. Chapter 1 Financial Management in Context... 3

Size: px

Start display at page:

Download "BRIEF CONTENTS. Preface...xv Acknowledgments...xvi. Part I: Financial Management. Chapter 1 Financial Management in Context... 3"

Justin Harper
5 years ago
Views:

BRIEF CONTENTS Preface...xv Acknowledgments...xvi Part I: Financial Management Chapter 1 Financial Management in Context... 3 Chapter 2 Organization of Financial Management.

1 BRIEF CONTENTS Preface...xv Acknowledgments...xvi Part I: Financial Management Chapter 1 Financial Management in Context... 3 Chapter 2 Organization of Financial Management Chapter 3 Financial Analysis and Management Reporting Chapter 4 Tax Status of Healthcare Organizations Part II: Operating Revenue Chapter 5 Third-Party Payment Chapter 6 Medicare Chapter 7 Medicaid Chapter 8 Cost Accounting Chapter 9 Reimbursement vii

2 viii Brief Contents Part III: Working Capital Chapter 10 Managing Working Capital Chapter 11 Managing Revenue Cycle Chapter 12 Managing Materials Part IV: Resource Allocation Chapter 13 Strategic and Operational Planning Chapter 14 Budgeting Chapter 15 Capital Budgeting Part V: Healthcare Reform: Past, Present, And Future Chapter 16 Healthcare Reform Trends

3 DETAILED CONTENTS Preface...xv Acknowledgments...xvi Part I: Financial Management Chapter 1 Financial Management in Context... 3 Learning Objectives... 3 Introduction... 4 Purpose of Healthcare Financial Management... 5 Major Objectives of Healthcare Financial Management... 8 Quality Assessment and Healthcare Financial Management Effects of Quality on Profitability Organizational Ethics and Healthcare Financial Management Value of Healthcare Financial Management Effect of Financial Management on the Changing Face of Healthcare Chapter Key Points Discussion Questions Appendix 1.1: Financial Accounting Outline Appendix 1.2: Economics Outline Appendix 1.3: Statistics Outline ix

4 x Chapter 2 Organization of Financial Management Learning Objectives Introduction Governing Body Organizations Designed to Integrate Care Chapter Key Points Discussion Questions Chapter 3 Financial Analysis and Management Reporting Learning Objectives Introduction Steps in Financial Analysis Operating Indicators Financial Analysis and Annual Reports Chapter Key Points Discussion Questions Notes Practice Problems and Self-Quizzes Chapter 4 Tax Status of Healthcare Organizations Learning Objectives Introduction Rationale for Tax-Exempt Status Community Benefits and Tax-Exempt Status Judicial Challenges to Tax-Exempt Status IRS Challenges to Tax-Exempt Status Legislative Challenges to Tax-Exempt Status Chapter Key Points Discussion Questions Notes Recommended Readings Part I Part II: Operating Revenue Chapter 5 Third-Party Payment Learning Objectives Introduction History of Third-Party Payment Managed Care Organizations HMOs Post Managed Care

5 xi State Healthcare Reform National Healthcare Reform Methods of Payment Bad Debt and Charity Care Cost Shifting Problem 5.1 Cost-Shifting/Cost-Cutting Problem Chapter Key Points Discussion Questions Practice Problems and Self-Quizzes Chapter 6 Medicare Learning Objectives Introduction Eligibility Benefits Financing Reimbursement to Providers Expenditures Health Insurance Portability and Accountability Act of Affordable Care Act of 2010 (ACA) Fraud and Abuse Chapter Key Points Discussion Questions Notes Appendix 6.1: Federal Safe Harbors Chapter 7 Medicaid Learning Objectives Introduction Benefits Financing Expenditures Expansion Fraud and Abuse Chapter Key Points Discussion Questions Note Chapter 8 Cost Accounting Learning Objectives Introduction Methods of Classifying Costs

6 xii Methods of Allocating Costs Methods of Assembling Costs Problem 8.1 Differential Cost Analysis Methods of Determining Product Costs Problem 8.2 Job-Order Costing Problem 8.3 Activity-Based Costing Relationship of Costs to Volume and Revenue Problem 8.4 Breakeven Analysis Problem 8.5 Breakeven Analysis for Capitated Revenue Chapter Key Points Discussion Questions Practice Problems and Self-Quizzes Chapter 9 Reimbursement Learning Objectives Introduction Historic Context Healthcare Pricing Comes Under Public Scrutiny Methods of Setting Charges Problem 9.1 RVU Method of Setting Charges Strategic Charge Setting Problem 9.2 Hourly Rate Method of Setting Charges Problem 9.3 Surcharge Method of Setting Charges Methods of Reimbursement to Providers Reimbursement Under the ACA of Reimbursement Under the PAMA of Reimbursement Under MACRA of Chapter Key Points Discussion Questions Notes Appendix 9.1 Cost-Shift Pricing Practice Problems and Self-Quizzes Recommended Readings Part II Part III: Working Capital Chapter 10 Managing Working Capital Learning Objectives Introduction Definition of Working Capital

7 xiii Importance of Working Capital Sources of Working Capital Financing Temporary Working Capital Needs Problem 10.1 Interest on Short-Term Loans Problem 10.2 Effective Annual Interest Rates on Trade Credit Managing Cash Flow Cash Budget Problem 10.3 Calculating the Future Value of an Investment Evaluating Working Capital and Cash Performance Chapter Key Points Discussion Questions Notes Practice Problems and Self-Quizzes Chapter 11 Managing Revenue Cycle Learning Objectives Introduction Distinguishing Revenue Cycle from Accounts Receivable Importance of Accounts Receivable Management of the Revenue Cycle From Accounts Receivable Management to Revenue Cycle Management Financing Accounts Receivable Federal Laws Governing Accounts Receivable Evaluating Revenue Cycle Performance Chapter Key Points Discussion Questions Notes Chapter 12 Managing Materials Learning Objectives Introduction Definitions of Inventory Management and Materials Management Importance of Materials Management Inventory Valuation Costs of Inventory Problem 12.1 Inventory Valuation Economic Order Quantity and Reorder Point Problem 12.2 Economic Order Quantity (Q e ), Total Cost, and Reorder Point

8 xiv Managing Inventory When Uncertain Demand Exists Evaluating Inventory Performance Problem 12.3 Reorder Point Under Conditions of Uncertainty Chapter Key Points Discussion Questions Note Practice Problems and Self-Quizzes Recommended Readings Part III Part IV: Resource Allocation Chapter 13 Strategic and Operational Planning Learning Objectives Introduction Definition of Planning Prerequisites to Planning Types of Planning Corporate Planning Strategic Planning The Planning Process Value of Strategic Planning Operational Planning Evaluating Plan Performance Chapter Key Points Discussion Questions Notes Chapter 14 Budgeting Learning Objectives Introduction Definition of Budgeting Prerequisites to Budgeting Types of Budgets Steps in the Budgeting Stage Problem 14.1 Linear Regression and Estimation Problem Evaluating Budget Performance Exercise 14.1 Budgeting Exercise Chapter Key Points Discussion Questions

9 xv Notes Practice Problems and Self-Quizzes Chapter 15 Capital Budgeting Learning Objectives Introduction Definition of Capital Expenditures Types of Capital Expenditure Budgets Steps in the Capital Budgeting Stage Problem 15.1 Payback Period Problem 15.2 Calculating the Present Value Problem 15.3 NPV/IRR Calculation Financing Capital Expenditures Lease Versus Purchase Decisions Evaluating Capital Budgeting Performance Exercise 15.1 Lease Versus Purchase Decision Exercise Chapter Key Points Discussion Questions Notes Practice Problems and Self-Quizzes Recommended Readings Part IV Part V: Healthcare Reform: Past, Present, And Future Chapter 16 Healthcare Reform Trends Learning Objectives National Healthcare Reform State Reform Free-Market Reform The Future of Healthcare Chapter Key Points Discussion Questions Notes Recommended Readings Part IV

Course Outline HA Financial Management for Healthcare Managers MW, 12:30-1:50

Course Outline HA Financial Management for Healthcare Managers MW, 12:30-1:50 Course Outline HA 3376--Financial Management for Healthcare Managers MW, 12:30-1:50 Class Day/Date 1--W/01/18 Topic: Introductions Syllabus, outline, and text Maximizing performance in HA 3376 Statistics,