Clinical Engineering Financial Management and Benchmarking: Essential Tools to Manage Finances and Remain Competitive for Clinical Engineering/Healthc

Clinical Engineering Financial Management and Benchmarking: Essential Tools to Manage Finances and Remain Competitive for Clinical Engineering/Healthc

Author: Binseng Wang Scd

Publisher: Independently Published

Published: 2018-10-13

Total Pages: 74

ISBN-13: 9781724163349

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This book provides the fundamental concepts and tools needed by Clinical Engineering (CE), also known as Health Technology Management (HTM), managers to properly manage their financial resources, as well as to prove to their senior leaders that they are comparing (benchmarking) well against their peers. After introducing basic accounting concepts and tools using a case study based on real data, different methods for financing the CE/HTM department are explored. Next, opportunities for improving financial performance are explained through analyses of budget, costs and productivity. After a critical review of various benchmarks available, proper ways to use them to evaluate performance and seek improvements opportunities are demonstrated, enabling CE/HTM managers to secure recognition and support from their senior leaders, as well as defend their departments against consultants and outsourcing companies.


Clinical Engineering Handbook

Clinical Engineering Handbook

Author: Joseph Dyro

Publisher: Elsevier

Published: 2004-09-15

Total Pages: 695

ISBN-13: 0080476570

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As the biomedical engineering field expands throughout the world, clinical engineers play an evermore-important role as translators between the medical, engineering, and business professions. They influence procedure and policy at research facilities, universities, as well as private and government agencies including the Food and Drug Administration and the World Health Organization. The profession of clinical engineering continues to seek its place amidst the myriad of professionals that comprise the health care field. The Clinical Engineering Handbook meets a long felt need for a comprehensive book on all aspects of clinical engineering that is a suitable reference in hospitals, classrooms, workshops, and governmental and non-governmental organization. The Handbook's thirteen sections address the following areas: Clinical Engineering; Models of Clinical Engineering Practice; Technology Management; Safety Education and Training; Design, Manufacture, and Evaluation and Control of Medical Devices; Utilization and Service of Medical Devices; Information Technology; and Professionalism and Ethics. The Clinical Engineering Handbook provides the reader with prospects for the future of clinical engineering as well as guidelines and standards for best practice around the world. From telemedicine and IT issues, to sanitation and disaster planning, it brings together all the important aspects of clinical engineering. - Clinical Engineers are the safety and quality faciltators in all medical facilities - The most definitive, comprehensive, and up-to-date book available on the subject of clinical engineering - Over 170 contributions by leaders in the field of clinical engineering


Financial Management Strategies for Hospitals and Healthcare Organizations

Financial Management Strategies for Hospitals and Healthcare Organizations

Author: David Edward Marcinko

Publisher: CRC Press

Published: 2013-09-05

Total Pages: 350

ISBN-13: 1466558741

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In this book, a world-class editorial advisory board and an independent team of contributors draw on their experience in operations, leadership, and Lean managerial decision making to share helpful insights on the valuation of hospitals in today‘s changing reimbursement and regulatory environments.Using language that is easy to understand, Financia


Health Care Finance

Health Care Finance

Author: Judith J. Baker

Publisher: Jones & Bartlett Publishers

Published: 2009-12-18

Total Pages: 452

ISBN-13: 0763791261

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This is the most practical financial management text for those who need basic financial management knowledge and a better understanding of healthcare finance in particular. Using actual examples from hospitals, long-term care facilities, and home health agencies, this user-friendly text includes practical information for the nonfinancial manager charged with budgeting. New to the Third Edition: * New chapter on "Operational Budgeting" * New chapter on "The Financial Impact of Electronic Records" * New chapter on "The Financial Impact of Information Input" * An expanded explanation of typical forms and terms of financing and equity * New Mini-Case Study "A Facility's Conversion to Electronic Records" (covers the federally mandated transition to ICD-10.) * Thoroughly updated instructor supplements including PowerPoints, Excel Spreadsheets, and Instructor's Manual


Healthcare Finance and Financial Management

Healthcare Finance and Financial Management

Author: Mary A. Paterson

Publisher: DEStech Publications, Inc

Published: 2014-02-28

Total Pages: 215

ISBN-13: 1605950629

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Includes case studies for assignments and classroom discussion Covers NP practice financial management Comprehensive instructor's manual available including presentation slides, chapter guides, and grading rubrics This textbook is designed for students preparing as advanced practice clinicians, including APRNs, DNPs, DPTs, DOTs, and physician assistants. The book covers both health policy issues and practice financial management issues. It is organized into seven sections in two parts. The first part is focused on macro issues in healthcare finance, and the second part is focused on healthcare financing management in professional practice. This approach provides the context necessary for the clinician to understand how to manage reimbursement requirements and preferred provider contracting as health care financial policy drives these payment and contracting strategies. Each section features a case study to facilitate classroom discussion on key points. This book is suitable for healthcare finance courses in the curriculum for MSN and DNP programs and also for schools of social work, medicine, occupational, and physical therapy.


Health Care Finance

Health Care Finance

Author: Judith J. Baker

Publisher: Jones & Bartlett Learning

Published: 2017-02-15

Total Pages: 610

ISBN-13: 1284141365

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Health Care Finance: Basic Tools for Nonfinancial Managers, Fifth Edition is the most practical financial management text for those who need basic financial management knowledge and a better understanding of healthcare finance in particular. Using actual examples from hospitals, long-term care facilities, and home health agencies, this user-friendly text includes practical information for the nonfinancial manager charged with budgeting.


Healthcare Finance

Healthcare Finance

Author: Andrew W. Lo

Publisher: Princeton University Press

Published: 2022-11-15

Total Pages: 425

ISBN-13: 0691199965

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An introductory finance textbook for the healthcare industry We are living in a golden age of biomedical innovation, yet entrepreneurs still struggle with the so-called Valley of Death when seeking funding for their biotech start-ups. In Healthcare Finance, Andrew Lo and Shomesh Chaudhuri show that there are better ways to finance breakthrough therapies, and they provide the essential financial tools and concepts for creating the next generation of healthcare technologies. Geared for MBA and life sciences students, as well as biopharma executives and healthcare investment professionals, this textbook covers the theory and application of financial techniques such as diversification, discounted cash flow analysis, real options, Monte Carlo simulation, and securitization, all within the context of managing biomedical assets. The book demonstrates that more efficient funding structures can reduce financial risks, lower the cost of capital, and bring more lifesaving therapies to patients faster. Readers will gain the background, framework, and techniques needed to reshape the healthcare industry in positive ways. Finance doesn’t have to be a zero-sum game, and Healthcare Finance proves that it is possible to do well by doing good. Explores new financing methods for the biopharma industry Provides accessible explanations for making good business decisions in the life sciences Analyzes real-world examples, case studies, and practical applications Includes access to videos of lectures and recitations, interactive figures, self-graded problem sets, and other online content


Financial Management of Health Care Organizations

Financial Management of Health Care Organizations

Author: William N. Zelman

Publisher: John Wiley & Sons

Published: 2009-09-15

Total Pages: 643

ISBN-13: 0470522895

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Thoroughly revised, this third edition of Financial Management of Health Care Organizations of­fers an introduction to the most-used tools and techniques of health care financial management. Comprehensive in scope, the book covers a broad range of topics that include an overview of the health care system and evolving reimbursement methodologies; health care accounting and finan­cial statements; managing cash, billings, and collections; the time value of money and analyzing and financing major capital investments; determining cost and using cost information in decision-mak­ing; budgeting and performance measurement; and pricing. In addition, this new edition includes information on new laws and regulations that affect health care financial reporting and performance, revenue cycle management expansion of health care services into new arenas, benchmarking, interest rate swaps, bond ratings, auditing, and internal control. This important resource also contains information on the 2007 Healthcare Audit Guide of the American Institute of Certified Public Accountants (AICPA). Written to be accessible, the book avoids complicated formulas. Chapter appendices offer advanced, in-depth information on the subject matter. Each chapter provides a detailed outline, a summary, and key terms, and includes problems in the context of real-world situations and events that clearly illustrate the concepts presented. Problem sets that end each chapter have been updated and expanded to support more in-depth learning of the chapters’ concepts. An Instructor’s Manual, available online, contains PowerPoint and Excel files.


Essentials of Health Care Finance

Essentials of Health Care Finance

Author: William Cleverley

Publisher: Jones & Bartlett Learning

Published: 2011

Total Pages: 590

ISBN-13: 0763789291

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Essentials of Health Care Finance stands firmly in its place as the leading textbook on healthcare finance. No other text so completely blends the best of current finance theory with the tools needed in day-to-day practice. Useful for all course levels as well as a professional reference, this text offers a comprehensive introduction to the field. The Seventh Edition has been thoroughly revised to reflect the current economic environment in the healthcare industry, with thoughtful descriptions and ‘real-world’ examples. As the not-for-profit health care sector has increasingly come under attack by legislators seeking new sources of tax revenue, this edition also features a new chapter on assessing community benefits including an examination of the new Schedule H of the IRS 990 form. Ancillary instructor materials for the Seventh Edition have been significantly expanded and updated. PowerPoint lecture slides now include selected examples from the chapters. Electronic versions of many of the charts and tables in the chapters are provided to enable the instructor to re-create and modify existing examples. An expanded set of test questions with detailed answers will be provided for each chapter. New excel spreadsheets for selected chapters will be created to help both the students and the instructors perform a variety of financial analysis tasks with spreadsheet templates. The instructor’s manual has been revised to include key learning points, chapter overviews, and guidelines for class discussion.