Essentials of Health Care Organization Finance: A Primer for Board Members - Hardcover

Pointer, Dennis D.; Stillman, Dennis M.

Hardcover

ISBN 10: 078797403X ISBN 13: 9780787974039

Publisher: Jossey-Bass, 2004

Synopsis

"Finally! The book that all health care board members needed but were afraid to ask for! Those dark days of staring at incomprehensible numbers during board meetings, of nervous nodding when their financially-literate brethren make comments or ask questions, of voting on things that they do not understand are gone! This book is long overdue and should be read by every trustee who is not a finance professional."
--James E. Orlikoff, president, Orlikoff & Associates, Inc. and executive director, American Governance & Leadership Group

Accounting for $1.4 trillion in expenditures (13.7 percent of gross domestic product), health care is one of the nation's largest and fastest growing industries. This concise, expertly written primer on health care organization finance is a nuts and bolts guide to what has become every hospital's most sensitive topic. Health care organization board members must possess basic financial competence to govern effectively. This book will help them acquire, easily and painlessly, the basic financial literacy essential for discharging their roles and fulfilling their fiduciary duties.

About this title

About the Author

Dennis D. Pointer is Austin Ross Professor at the University of Washington, School of Public Health and Community Medicine. He is one of the country’s most highly regarded governance consultants. Two of his previous books, Really Governing and Board Work have won the James Hamilton Book of the Year Award from the American College of Healthcare Executives.

Dennis M. Stillman is associate director, Program in Health Services at the University of Washington where he teaches graduate-level courses in accounting and finance. For twelve years, he was chief financial officer at the University of Washington Medical Center.

From the Back Cover

Praise for Essentials of Health Care Organization Finance

"Finally! The book that all health care board members needed but were afraid to ask for! Those dark days of staring at incomprehensible numbers during board meetings, of nervous nodding when their financially-literate brethren make comments or ask questions, of voting on things that they do not understand are gone! This book is long overdue and should be read by every trustee who is not a finance professional."
James E. Orlikoff, president, Orlikoff & Associates, Inc. and executive director, American Governance & Leadership Group

"Improving director financial literacy is key to increasing the quality and effectiveness of health care organization governance. Pointer and Stillman have written a one-of-a-kind book for board members long-tenured or new needing a better grounding in the basics of accounting and finance."
Monte Dube, chairman, Health Law Department, McDermott, Will & Emery Attorneys-at-Law, Chicago, Illinois

"This book is a must read for board members who lack grounding in the basics of accounting and finance or those needing a refresher. It lifts the financial fog that many directors experience in their boardrooms."
R. Timothy Stack, president and CEO, Gregory Hurst, executive vice president and CFO, and Charles W. Wickliffee, board chair, Piedmont Medical Center, Atlanta, Georgia

"Finally! The book that all health care board members needed but were afraid to ask for! Those dark days of staring at incomprehensible numbers during board meetings, of nervous nodding when their financially-literate brethren make comments or ask questions, of voting on things that they do not understand are gone! This book is long overdue and should be read by every trustee who is not a finance professional."
–James E. Orlikoff, president, Orlikoff & Associates, Inc. and executive director, American Governance & Leadership Group

"Improving director financial literacy is key to increasing the quality and effectiveness of health care organization governance. Pointer and Stillman have written a ‘one-of-a-kind’ book for board members–long-tenured or new–needing a better grounding in the basics of accounting and finance."
–Monte Dube, chairman, Health Law Department, McDermott, Will & Emery Attorneys-at-Law, Chicago, Illinois

"This book is a must read for board members who lack grounding in the basics of accounting and finance or those needing a refresher. It lifts the financial fog that many directors experience in their boardrooms."
–R. Timothy Stack, president and CEO, Gregory Hurst, executive vice president and CFO, and Charles W. Wickliffee, board chair, Piedmont Medical Center, Atlanta, Georgia

Edition details

• Publisher: Jossey-Bass
• Publication date: 2004
• Language: English
• ISBN 10: 078797403X
• ISBN 13: 9780787974039
• Binding: Hardcover
• Edition number: 1
• Number of pages: 208