Principles of Finance for Health Information and Informatics Professionals, 2nd Edition ()

Principles of Finance for Health Information and Informatics Professionals, Second Edition, is a valuable resource for students pursuing a career in health information management (HIM). Authored by Susan White, this book dives deep into the complex world of healthcare financial management, providing students with a solid foundation in financial principles and practices specific to the healthcare industry.

One of the key strengths of this book is its focus on real-world examples and practical applications. The author uses healthcare-based examples to help students understand how financial concepts and strategies are applied in actual healthcare organizations. This approach not only enhances the students’ understanding of financial management, but also prepares them for the challenges they may face in their future careers.

The book covers a wide range of topics related to healthcare financial management. It begins by introducing students to the basics of financial statements, helping them analyze and interpret these statements to gain insights into an organization’s financial performance. Students are then guided through the process of creating budgets and managing revenue and expenses, gaining the skills needed to make informed financial decisions.

A notable aspect of the book is its emphasis on understanding financial performance metrics. The author provides clear explanations of key metrics such as variance, financing, and capital investments, ensuring that students have a solid grasp of these essential concepts. By familiarizing students with these metrics, the book equips them with the tools needed to assess and improve financial performance in a healthcare setting.

In addition to covering financial management principles, the book also addresses the unique challenges and considerations of healthcare finance. It explores topics such as healthcare reimbursement systems, healthcare financial regulations, and the financial implications of healthcare policy changes. By examining these industry-specific factors, the book provides students with a comprehensive understanding of the financial landscape in which healthcare organizations operate.

The second edition of Principles of Finance for Health Information and Informatics Professionals incorporates the latest developments and trends in healthcare financial management. With the constantly evolving nature of the healthcare industry, it is crucial for students to stay up to date with current practices and regulations. This book ensures that students are equipped with the most relevant and accurate information to succeed in their careers.

In conclusion, Principles of Finance for Health Information and Informatics Professionals, Second Edition, is a must-have resource for students pursuing a career in health information management. Authored by Susan White, this book provides a comprehensive understanding of healthcare financial management principles and practices. Through its use of real-world examples and practical applications, it prepares students to tackle the challenges of financial decision-making in the healthcare industry. Whether you are a student or a professional seeking to enhance your knowledge, this book is a valuable addition to your library.

Order your copy of Principles of Finance for Health Information and Informatics Professionals, Second Edition, today and gain the essential financial management skills needed for success in the healthcare industry.

Product Details

• Publisher: AHIMA Press;
• ISBN: 9781584265931
• ISBN: 9781584266600
• Copyright: 2018