This text presents basic concepts of economics and tools for financial management in the health care arena, including budgeting, breakeven analysis, financial reporting, business plan preparation, and grant writing. The text includes practical case examples drawn from actual health care settings to relate theory to real-world practice. A sample grant proposal and unique grant writing chapter will prepare students for this critical aspect of management.A free, back-of-book CD-ROM provides sample worksheets for analysing budgets and determining breakeven points, cost-benefit, and cost-effectiveness, as well as sample budgets. Students can use the worksheets to apply their own data and complete their own analyses.
I was fortunate to have Dr. Penner teach my health care economics class at Holy Names College. I found this book like her lectures informative, comprehensive and concise.I highly recommend this book for both required reading and professional reading as it makes a relatively difficult subject easy to understand.
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