Understanding Healthcare Financial Management

by Gapenski, Louis C.

• ISBN13: 9781567931440
• ISBN10: 1567931448
• Edition: 3rd
• Format: Hardcover
• Copyright: 2001-07-01
• Publisher: Foundation of the Amer College

Summary

Textbook for graduate students in health services administration. Shows how financial management theory and concepts can be applied to healthcare businesses to help managers make informed financial decisions. The cases have been removed from the text to form a separate casebook, described in detail in the text. Includes student learning diskette. Previous edition not cited.

Author Biography

Louis C. Gapenski, Ph.D., is a professor in both health services administration and finance at the University of Florida

Table of Contents

Preface	vii
PART I The Healthcare Environment
Introduction	3	(30)
Business Organization, Ownership, Goals, and Taxes	33	(32)
The Third-Party-Payer System	65	(36)
PART II Basic Financial Management Concepts
Time Value Analysis	101	(40)
Financial Risk and Required Return	141	(38)
PART III Capital Acquisition
Debt Financing	179	(34)
Equity Financing and Investment Banking	213	(30)
Securities Valuation, Market Efficiency, and Debt Refunding	243	(36)
Lease Financing	279	(30)
PART IV Cost of Capital and Capital Structure
Cost of Capital	309	(38)
Capital Structure Decisions	347	(42)
PART V Capital Allocation
The Basics of Capital Budgeting	389	(42)
Project Risk Analysis	431	(38)
PART VI Financial Analysis and Forecasting
Financial and Operating Analyses	469	(38)
Financial Forecasting	507	(38)
PART VII Other Topics
Working Capital Management	545	(34)
Distributions to Owners: Bonuses, Dividends, and Repurchases	579	(28)
Business Valuation, Mergers, and Acquisitions	607	(38)
Capitation, Rate Setting, and Risk Sharing	645	(32)
Financial Risk Management	677	(28)
Index	705	(22)
About the Author	727