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It is fascinating because so many of the concepts involved have implications for both professional and personal behavior.
Determining cost and using cost information in decisionmaking. Healthcare organizations use cost accounting -and document costs- because their insurers expect accurate honest and complete record of every dollar of cost. Comprehensive in scope the book covers a broad range of topics that include an overview of the health care system and evolving reimbursement methodologies. Information technology and security. Managing cash billings and collections. The first four sectionsFinancial Management Operating Revenue Working Capital and Resource Allocationstart with core financial concepts then delve into issues unique to the healthcare setting.
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