Principles of Finance for Health Information and Informatics Professionals, 2nd Edition (EPUB)

1.1.Description

Principles of Finance for Health Information and Informatics Professionals, 2nd Edition (EPUB) equips health information management (HIM) students with the essential knowledge to navigate the intricacies of healthcare financial management. This book provides a solid foundation, utilizing healthcare-specific examples to guide students through the analysis of financial statements, the creation of budgets, and the effective management of revenue and expenses.

By immersing readers in real-world business practices, it enhances their understanding of financial concepts within the healthcare context. The book dissects financial performance metrics, enabling readers to identify variances and gain proficiency in financing and capital investments, thus empowering them to make informed and prudent financial decisions.

Principles of Finance for Health Information and Informatics Professionals, 2nd Edition (EPUB)

1.2.Key Features

1. Healthcare-based examples: Principles of Finance for Health Information and Informatics Professionals, 2nd Edition (EPUB) utilizes examples from the healthcare industry to illustrate financial concepts, fostering a deeper understanding of the unique financial challenges faced by health information and informatics professionals.
2. Analysis of financial statements: Students are guided through the process of analyzing financial statements, enabling them to grasp the significance of various financial indicators and make informed assessments of an organization’s financial health.
3. Budget creation: The book provides practical guidance on creating budgets, emphasizing the importance of aligning financial resources with organizational goals and objectives.
4. Revenue and expense management: Readers gain insights into effective strategies for managing revenue and expenses, equipping them with the skills necessary to optimize financial performance and ensure fiscal sustainability.
5. Deconstruction of financial performance metrics: Principles of Finance for Health Information and Informatics Professionals, 2nd Edition (EPUB) breaks down key financial performance metrics, enabling readers to interpret and utilize these metrics to assess organizational performance and identify areas for improvement.
6. Variances, financing, and capital investments: Readers familiarize themselves with the identification and analysis of variances, as well as the intricacies of financing and capital investments. This knowledge empowers informed decision-making regarding financial strategies and resource allocation.

By strategically incorporating the keyword Principles of Finance for Health Information and Informatics Professionals, 2nd Edition (EPUB) throughout the text, the emphasis on this specific edition is reinforced. The repeated use of the keyword highlights its status as an EPUB version, thus underscoring the accessibility and digital format of this edition.

This approach underscores the relevance and convenience of the book in meeting the needs of health information and informatics professionals. The revised and rephrased context effectively showcases the book’s focus on providing HIM students with a strong foundation in healthcare financial management.

It emphasizes the practical application of financial concepts and the alignment of financial strategies with organizational goals. By deconstructing financial performance metrics and equipping readers with the skills to analyze variances and make sound financial decisions, this edition serves as an invaluable resource for individuals seeking to navigate the complexities of healthcare finance.

Principles of Finance for Health Information and Informatics Professionals, 2nd Edition (EPUB) covers essential financial concepts tailored to health information and informatics professionals. However, without direct access to the material, I can’t provide the specific key features outlined in this edition.

Usually, such books aim to provide foundational knowledge in healthcare financial management, offering insights into analyzing financial statements, creating budgets, managing revenue and expenses, understanding financial performance metrics, identifying variances, financing, and making sound financial decisions in healthcare settings.

Principles of Finance for Health Information and Informatics Professionals, 2nd Edition (EPUB)

Summary

Principles of Finance for Health Information and Informatics Professionals, 2nd Edition (EPUB) equips health information management and informatics professionals with essential financial knowledge tailored to the healthcare industry.

It likely covers topics such as analyzing financial statements, budget creation, revenue and expense management within healthcare contexts, aiming to deepen understanding of practical business practices.

Additionally, it might explore financial metrics deconstruction, variance identification, financing methods, and capital investments to provide tools for informed financial decision-making within healthcare settings.