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The increasing pressure on the bottom line of healthcare provider organizations requires
leaders who understand and can adeptly apply the basic principles of effective financial
and operations management. To be successful in today's environment, leaders must
simultaneously improve quality and service while reducing expense. Improving Financial
and Operations Performance: A Healthcare Leader's Guide is a collection of proven
effective tips, tools, and techniques accumulated from real-world challenges and lessons
learned, logically organized to provide a straightforward approach to planning, assessing,
managing, and monitoring a business enterprise to improve profitability.
This book provides a clear, step-by-step "how to" approach for both new and experienced
leaders seeking a leg up in tackling the myriad of common and complex challenges they
are facing, including conducting a budget variance analysis, managing labor and nonlabor
productivity and expense, performing a comprehensive financial condition analysis,
growing profitable volume and market share, developing an effective business case for
improving quality, and evaluating the financial impact of a future project. Written for clinical
and administrative leaders working in the trenches, it provides practical and applicable
tools with relevant, real-world, and replicable case study examples. The essential value
of Improving Financial and Operations Performance: A Healthcare Leader's Guide is
improving decision-making effectiveness, enhancing operations efficiency know-how, and
developing strong financial management acumen to overcome the challenges in today's
healthcare environment.