Practical Budgeting for Health Care A Concise Guide First Edition Thomas K. Ross

When it comes to healthcare management, having a solid understanding of budgeting and financial analysis is crucial. This is where the book “Practical Budgeting for Health Care: A Concise Guide” by Thomas K. Ross comes in. This first edition book is a valuable resource for healthcare students who need to develop the budgeting skills necessary for success in today’s outcome-based healthcare industry.

Key Features of the Book:
– Step-by-step instructions on setting up budgets, focusing on incremental and flexible budgeting.
– In-depth discussions on program, zero-base, and activity-based budgets.
– Excel-based exercises to engage students in learning and analyzing budgets.
– Mini-case studies to illustrate the real-world application of budgeting concepts.

About the Author:
Thomas K. Ross is an Associate Professor at Appalachian State University, specializing in Health Care Finance and Introduction to Health System Organization. With a Ph.D. in Economics and an MBA in Finance and Accounting, Dr. Ross brings a wealth of knowledge and experience to the subject of healthcare budgeting. He has authored several books on healthcare management, demonstrating his expertise in the field.

FAQs

Q: Is this book suitable for healthcare finance students?
A: Yes, this book is designed to provide the necessary knowledge and skills for healthcare finance students to succeed in the industry.

Q: Are there practical exercises included in the book?
A: Yes, the book includes Excel-based exercises that actively engage students in building and analyzing budgets.

Q: What makes this book stand out from other healthcare finance textbooks?
A: This book goes beyond the basic coverage of budgeting and provides a comprehensive understanding of budgeting and financial analysis in the healthcare industry.

In conclusion, “Practical Budgeting for Health Care: A Concise Guide” is a valuable resource for healthcare students looking to master budgeting techniques in the context of the healthcare industry. With its practical approach and insightful content, this book is a must-have for students and professionals seeking to enhance their financial management skills in healthcare.