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Introduction to health care finance
What does the health care manager need to know?
Assets, liabilities, and net worth
Revenues (inflow)
Expenses (outflow)
Cost classifications
Cost behavior and break-even analysis
Staffing: the manager's responsibility
Reporting
Financial and operating ratios as performance measures
The time value of money
Comparative data, forecasts, and benchmarking
Budgeting and variance analysis
Capital expenditure budgets
Business loans and financing costs
Owning versus leasing equipment
Putting it all together: creating a business plan
Case study: metropolis health system
Mini-case study 1: proposal to add a retail pharmacy to a hospital in the metropolis health system
Mini-cases study 2: changing economic realities in the health care setting: a physician's office teaching cases
Mini-case study 3: the economic significance of resource misallocation: client flow through the women, infants, and children public health program.

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