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Finance in Brief: Six Key Concepts for Healthcare Leaders.(Book Review)
- Article from:
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Hospital Topics
- Article date:
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March 22, 2003
- Author:
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Copyright informationCOPYRIGHT 2003 Heldref Publications. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Kenneth Kaufman, Chicago: Health Administration Press, 2003, 154 pages, $52.
Sometimes it helps to produce publications that are brief, but poignant. Kenneth Kaufman attempts to accomplish this in Finance in Brief. The advantages of this book are that it is clearly written, it is easy to understand, and it can serve as a refresher course on primary financial concepts for healthcare decision makers. The risk is that a lot of crucial financial information is eschewed.
The book uses a question and answer format with each chapter covering a basic corporate financial concept. The six concepts are as follows: (a) managing the capital, (b) analyzing and boosting credit ...