Optimizing Health Care Finance: The Facilities Manager’s Handbook (Digital Version)

Optimizing Health Care Finance: The Facilities Manager’s Handbook (Digital Version)
Product Code: P055979
Author: Tim Panks, MBA
ISBN: 9780960107384

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Non-Member: $225.00

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Description

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Successful health care facilities managers know how to work in the boiler room and the board room. But with most health care organizations seeing razor-thin operating margins, it can be difficult to secure the finances needed to optimally run a facilities department. Many facilities managers have struggled with seemingly inflexible budget parameters, with some even giving up on asking for what their department needs after numerous failed attempts.
 
This handbook provides the financial insight, skills and tools needed to change that dynamic and effectively navigate budgeting, capital improvement requests and other financial aspects of facilities management. The stakes are high — underfunding a health care facilities department can cause suboptimal operations that lead to mechanical breakdowns, lost revenue, compliance citations, staff turnover and, ultimately, patient safety issues.
 
By reading this book and improving one’s understanding of finance, facilities managers will learn how to better advocate for priorities with health care executive leadership and optimize operational efficiency in a way that benefits patients and staff alike.
 
Table of Contents Overview:
  • Part 1: Finance and the Facilities Manager’s Role
  • Part 2: Health Care Finance 101
  • Part 3: Evaluating Bids for Equipment and Services
  • Part 4: Contract Negotiation
  • Part 5: Contract Management 
  • Part 6: Understanding Payback Potential, Return on Investment and Related Financial Methods 
  • Part 7: Operating Budgets 
  • Part 8: Capital Planning and Budgeting 
  • Part 9: Managing Building, Property and Equipment Leases
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