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Healthcare Finance: An Introduction to Accounting and Financial Management by Louis C. Gapenski  is an introductory accounting and finance text book focusing on various nuances in healthcare and finance. Louis C. GApenski’s text book Healthcare Finance: An Introduction to Accounting and Financial Management is unique because unlike most introductory accounting and finance text books which focuses on  either financial accounting, managerial accounting or corporate finance, this text book weaves the basic concepts of financial accounting, managerial accounting and corporate finance into one text book.

Healthcare management programs are finally gaining popularity as a specialty stream of management for the right reasons. The healthcare industry is unique in a number of ways. The regulations, industry structure, revenue model, cost structure, certifications, etc are different and unique not only when compared to other industries in the US but other parts of the world. Therefore, this text book which features illustrations and case studies from the healthcare industry is perfectly positioned as the text book of choice in the variety of healthcare management programs that are being offered throughout the country. Healthcare Finance: An Introduction to Accounting and Financial Management is an excellent guide to take you through the various nuances and  specific aspects of the health care industry.

Some of the case studies introduced to explain accounting and finance concepts in the healthcare industry in the Healthcare Finance: An Introduction to Accounting and Financial Management text book include the Seattle Cancer Center on the lease vs. own decision, River Community Hospital and financial projection and financial management and assessment, Mountain Village case on cash budgeting, Tulsa Memorial Hospital case on break even analysis and Sante Fe Healthcase on PHO Capitation distribution.

Graduate Tutor’s Finance and Accounting Tutors use Healthcare Finance: An Introduction to Accounting and Financial Management by Louis C. Gapenski to tutor students from a variety of healthcare management courses in the EMBA and PMBA programs.

The fourth edition of Healthcare Finance: An Introduction to Accounting and Financial Management features the following:

  • Municipal bond pools
  • Cost of capital for not-for-profit and small businesses
  • Modified internal rate of return
  • Supply chain management
  • Health savings accounts
  • Current information on reimbursement

Healthcare Finance: An Introduction to Accounting and Financial Management is well equipped with updated real-world examples and easy-to-grasp spreadsheet illustrations. Healthcare Finance: An Introduction to Accounting and Financial Management includes glossary; self-test questions; and end-of-chapter key concepts, questions, and problems.

Graduate Tutor offers a wide array of tutoring options for business executives and MBA students to develop their knowledge in healthcare finance and accounting.

Louis C. Gapenski was a professor in the department of health services administration and department finance at the University of Florida. He passed away April 20, 2016. Louis C. Gapenski, a best-selling author of textbooks on corporate and health care finance,  received a B.S. degree from the Virginia Military Institute, a M.S. degree from the U.S. Naval Postgraduate School. Louis C. Gapenski perused M.B.A. and Ph.D. degrees from the University of Florida.

Along with Healthcare Finance: An Introduction to Accounting and Financial Management, Louis C. Gapenski co-authored 27 textbooks on corporate and healthcare finance. Louis C. Gapenski’ exposure in healthcare finance reasons to his magnificent work and contribution. This can be further substantiated by the fact that Louis C. Gapenski has published over 25 journal articles related to corporate and healthcare finance.  He was active member of the Association of University Programs in Health Administration and a member of the American College of Healthcare Executives, and the Healthcare Financial Management Association.

Apart from Louis C. Gapenski’s academic qualifications and writing skills Louis C. Gapenski had acted as academic advisor, chaired sessions, and presented papers at numerous national meetings. Last but not the least in importance Louis C. Gapenski’ has been a reviewer for eleven academic and professional journals too.