Improving Financial and Operations Performance - by Richard Priore (Paperback)
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<p/><br></br><p><b> About the Book </b></p></br></br>"This book lies at the intersection of leadership effectiveness, performance improvement, operations efficiency, and financial management. It is the product of extensive field work in countless healthcare provider organizations with shared insight from seasoned healthcare leaders. It is based upon the following five key premises: Leaders are accountable for the financial performance of their organizations, Financial management is a significant challenge to improving organizational performance, Effective financial management skills enable effective leadership and decision-making, Leaders have significant influence over their organizations' financial performance, yet are not effectively trained or given adequate resources, Healthcare is a business - a business of caring for people with growing demands on increasingly scarce resources"--<p/><br></br><p><b> Book Synopsis </b></p></br></br><p>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. <em>Improving Financial and Operations Performance: A Healthcare Leader's Guide</em> 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.</p><p>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 non-labor 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 <em>Improving Financial and Operations Performance: A Healthcare Leader's Guide</em> 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.</p><ul><strong>Key Features: </strong><li><strong>Author experience</strong> with extensive expertise as a former investor-owned hospital CEO, integrated health system vice president, managing director for the renowned turnaround experts, the Hunter Group, and graduate business school professor in management, finance, and economics.</li><li><strong>Realistic case examples</strong> to apply the key lessons through detailed practical and relevant case studies using clear step-by-step instructions.</li><li><strong>Calls-to-action</strong> at the end of each chapter with critical leadership imperatives to help prioritize and focus efforts on what matters most.</li><li><strong>Comprehensive glossary</strong> of key terms and concepts using plain easy to understand language.</li><li><strong>Appendices and Excel templates</strong> containing easy-to-use plug-and-play financial worksheets, checklists, best practice pathways, and performance assessments.</li><li><strong>eBook access</strong> purchase includes digital access for use on most mobile devices or computers.</li>
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