Principles of Finance for Health Information and Informatics Professionals

By: Susan White

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Synopsis: Principles of Finance for Health Information and Informatics Professionals, Second Edition, arms health information management (HIM) students with the foundational knowledge needed to navigate the complexities of healthcare financial management. Using healthcare-based examples, this book guides students through analyzing financial statements, creating budgets, and managing revenue and expenses to bolster understanding of real-world business practices. It deconstructs financial performance metrics and familiarizes readers with identifying variance, financing, and capital investments to provide tools for sound financial decision making. Key Features - Features new content on revenue and expense management and budgets presented in a way that is relevant to the healthcare environment - Covers the essentials for understanding and applying financial management concepts to an HIM professional's everyday roles and responsibilities - Presents finance and accounting vocabulary as defined in a real-world context for the healthcare environment - Includes case study data for hands-on practice