Take on the financial responsibilities of healthcare management in long-term care!

Shouldering the finance and budgeting responsibilities can be overwhelming and stressful for long-term care managers—especially without a comprehensive training program.

Introducing Finance and Budgeting for Nursing Home Professionals: A Practical Guide for Non-Financial Managers— a comprehensive guide designed specifically to help long-term care managers produce, present, and defend the departmental budget.

Author Brian Garavaglia, Ph.D., offers new and updated tips and tools that break down the confusing and often foreign, financial side of healthcare. This one-of-a-kind resource offers step-by-step instructions, and helpful charts that translate the confusing language, number crunching, and report reading into information that managers can apply to budget planning and preparing in long-term care settings.

Finance and Budgeting for Nursing Home Professionals helps you do your job by providing:

• Concise explanations of the finance and budget cycle in nursing homes for non-financial professionals
• Real-world examples and case studies that illustrate the right way to manage finance and budgeting
• All the forms necessary to successfully manage the budget
• Clarification of how revenue and budgeting intersect and the effect it has on the bottom line
• Description of the SNF and PPS revenue challenges and how they affect financial planning

A one-of-a-kind tool from the source you trust.

This resource offers timely, need-to-know information to help managers of various types run a successful facility without spending time searching through multiple sources. This guide offers everything a new manager needs to effectively maintain a facility’s financial planning.

Take a look at the table of contents:
Chapter 1:        The General Accounting Procedure 
Chapter 2:        Financial Statements
Chapter 3:        Debits, Credits, and Postings to Accounts
Chapter 4:        The Accounting Cycle
Chapter 5:        Inventory
Chapter 6:        Planning and Budgeting
Chapter 7:        Cost Containment in Long-Term Care
Chapter 8:        PPDs As the Benchmark for Measurement
Chapter 9:        Labor Costs
Chapter 10:      The Staff
Chapter 11:      Medicaid, Medicare, and Third-Party Payment
Chapter 12:      The Financial Implications for Insurance Policies
Chapter 13:      Consolidated Billing and the MDS
Chapter 14:      Quantitative and Qualitative Analysis for Long-Term Care Administrators Traditional Scientific Tenets
Chapter 15:      Common Quantitative Analytical Techniques for Healthcare Administration
Chapter 16:      Correlation: The Importance of Measuring Relationships between Variables
Chapter 17:      Inferentially Based Statistical Procedures
Chapter 18:      The Time Value of Money
Chapter 19:      Planning Through the Use of Networks