From Book News, Inc.
Offers useful frameworks for focusing strategic assessments on key issues of health care entities, concentrating on best business practices and benchmarks in the current marketplace without devoting too much attention to historical procedures that are being eliminated. Material is designed to be understood by health care professionals who lack formal background in accounting and finance. Useful as a reference for health care professionals engaged in financial management and strategic assessment of health care providers. Book News, Inc.®, Portland, OR
Book Description
The health care industry is moving from an emphasis on cost containment to a growing fascination with the concept of value. How is value created? How can it be assessed? Strategic Management for Health Care Entities provides a creative, integrative, and practical road map for addressing these questions.Highlights include:The integration of financial and accounting analysis with quality of care and outcomes reportingHow medical facility and service codes can be used for competitor analysis and strategic market assessmentA newly developed medical technology index that serves as a benchmark in the strategic assessment of community hospitalsStrategic Management for Health Care Entities provides a framework for considering the changes still to come as providers, payers, and the public define new types of accountability and search for common ground in creation greater health care value.
Book Info
Northwestern Univ., Chicago, IL. Focuses on the strategic assessment of key issues in health care entities. For health care professionals engaged in financial management and strategic assessment of health care providers. Includes graphs, tables, and references.
From the Inside Flap
The health care industry is moving from an emphasis on cost containment to a growing fascination with the concept of value. How is value created? How can it be assessed? Strategic Management for Health Care Entities provides a creative, integrative, and practical road map for addressing these questions.Highlights include:-The integration of financial and accounting analysis with quality of care and outcomes reporting-How medical facility and service codes can be used for competitor analysis and strategic market assessment-A newly developed medical technology index that serves as a benchmark in the strategic assessment of community hospitalsStrategic Management for Health Care Entities provides a framework for considering the changes still to come as providers, payers, and the public define new types of accountability and search for common ground in creation greater health care value.
From the Back Cover
The health care industry is moving from an emphasis on cost containment to a growing fascination with the concept of value. How is value created? How can it be assessed? Strategic Management for Health Care Entities provides a creative, integrative, and practical road map for addressing these questions.
Highlights include:
-The integration of financial and accounting analysis with quality of care and outcomes reporting
-How medical facility and service codes can be used for competitor analysis and strategic market assessment
-A newly developed medical technology index that serves as a benchmark in the strategic assessment of community hospitals
Strategic Management for Health Care Entities provides a framework for considering the changes still to come as providers, payers, and the public define new types of accountability and search for common ground in creation greater health care value.
About the Author
THOMAS R. PRINCE, is a professor of health services management and of accounting and information systems at the J. L. Kellogg Graduate School of Management, Northwestern University. He has been applying his professional experience in information systems to health care entities for more than 25 years. Prince has evaluated, designed, implemented, and assesed the information systems in many hospitals and medical centers. His current research centers on financial management of health care entities with special emphasis on networks, physician-hospital organizations, joint ventures, and medical technology.Prince is the author of ten books, including Extension of the Boundaries of Accounting Theory, Information Systems for Management Planning and Control, and Financial Reporting and Cost Control for Health Care Entities. His numerous articles have been published in Accounting Review, Health Care Management Review, Municipal Finance Journal, Health Services Research, Journal of Health Administration Education, Hospital & Health Services Administration, and Hospital Progress. He is the coauthor of many health care reports sponsored by foundations, state and local governments, and federal agencies.Prince is also a certified public accountant and has served on the Illinois CPA Society's Committee on Health Care Institutions--Hospital Section. He is a faculty associate of the American College of Healthcare Executives and is a member of the Financial Executives Institute, the Healthcare Financial Management Association, and the American Institute of Certified Public Accountants.
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