Practical Budgeting For Health Care

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.

Key Features ? 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. ? Engages students with mini-case studies bring the content to life by illustrating the story-telling that lives behind the numbers ? Provides an affordable way ensure that the topic of budgeting receives proper attention and student mastery in a time- and cost-efficient way