Management Accounting in Health Care Organizations, Third Edition, focuses on the application of key managerial accounting tools and concepts introduced. Topics include full costing, incremental costing, activity based costing and responsibility accounting. The book focuses upon both analytics and communication skills. Tools and frameworks for financial decision support and decision-making processes are provided, as are tools and models for evaluating and reviewing long- and short-term resource allocation decisions.
Esoteric and non-health care specific content have been removed, as well as most cases, allowing room for a much needed new chapter (Chapter One, The Context For Management Accounting In Health Care) and a newly combined but shorter chapter on Aborption-Costing and Activity-Based Accounting). New to this edition is expanded content on the specific role of management accounting in health care, activity-based costing, impact of Affordable Care Act, and much more detail operational budgeting.
The book is an ideal way to help students learn to identify, define, discuss and apply key health care management accounting concepts. The book includes practice cased, with optional cases posted online for instructors to select, along with teaching notes for the cases. Each chapter includes learning objectives, standard introductions, key terms, and review questions.
Chapter 1 Management Accounting and Health Care’s Impending Fiscal Crisis
Chapter 2 Essentials of Full-cost Accounting
Chapter 3 Cost Behavior
Chapter 4 Differential Cost -Accounting
Chapter 5. Activity-Based Costing
Chapter 6 ResponsibilityAccounting: An Overview
Chapter 7 Designing the Responsibility Accounting Struture
Chapter 8 Programming
Chapter 9 Operational Budgeting
Chapter 10 THE Cash Budget
Chapter 11 Measuring and Reporting
Chapter 12 Implementing A New Responsibility Accounting System