Synopsis
With the growing importance of budgeting and budget analysis in today's outcome-value oriented healthcare environment, there is an ever-increasing need to provide today's healthcare students with budgeting skills they need to be successful. While most healthcare finance texts include a chapter on budgeting, this coverage is often insufficient to adequately prepare them, as future financial managers, for the demands of upper management. A great supplement to a wide range of finance, economics, and accounting courses across the health disciplines, Practical Budgeting for Health Care: A Concise Guide covers the full scope of budgeting and budget analysis–from incremental budgeting, forecasting, and flexible budgeting, to variance analysis, capital budgeting, and more–providing students with the information and skills they'll need to budget effectively. Includes step-by-step instructions on constructing budgets, focusing on incremental and flexible budgeting, the two most commonly-used systems. Provides an in-depth discussion of program, zero-base, and activity-based budgets. Offers a host of Excel-based exercises that actively engage students by encouraging them to read, calculate, write, and reflect as they build and analyze budgets. Brings content to life with mini-case studies that illustrate the story-telling that lives behind the numbers. Provides an affordable way to ensure that the topic of budgeting receives proper attention and student mastery in a time- and cost-efficient way. Includes Navigate 2 eBook Access with each new print copy enabling students to read their digital textbook online or offline, on computers, tablets, and mobile devices. Undergraduate and graduate courses in finance, budget and accounting in Health Administration/Management, Nursing, Allied Health, Public Health, Pharmacy, and Physical Therapy. © 2021 | 150 pages
About the Author
Thomas K. Ross is an Associate Professor in the Department of Nutrition and Health Care Management at Appalachian State University where he teaches Health Care Finance and Introduction to Health System Organization. He received his Ph.D. in Economics from St. Louis University, and a MBA in Finance and Accounting from the University of Cincinnati. Dr. Ross has four books in print, Practical Health Care Budgeting: A Concise Guide, 2020, Applying Lean Six Sigma in Health Care, 2019, and A Comprehensive Guide to Budgeting for Health Care Managers, 2018, all published by Jones and Bartlett Learning. His first book, Health Care Quality Management, was published in 2014 by Jossey-Bass. He has previously taught classes in research, quality management, strategic planning, and economics at East Carolina University, Kings College (PA), Indiana University South Bend, and Saint Louis University. Prior to entering education, Dr. Ross worked in health care finance as a director of patient accounts, manager of system support, and senior financial analyst.''
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