Gapenski’s Fundamentals of Healthcare Finance, Third Edition, by Kristin L. Reiter and Paula H. Song, offers a comprehensive introduction to the essential principles and practical applications of healthcare finance. This indispensable resource is designed for both aspiring and experienced professionals, including students, entry-level managers, and those taking on new financial or management roles. In clear and accessible language, the book navigates a wide spectrum of finance topics crucial for daily organizational success in the ever-changing healthcare landscape. Readers will gain a solid understanding of planning and budgeting, financial operations, capital investment strategies, and risk analysis, all vital for improving care and delivering value.

Building upon the esteemed legacy of original author Louis C. Gapenski, PhD, a globally recognized expert in healthcare finance, this edition meticulously refines his foundational concepts. The authors have infused the text with updated examples and statistics, along with significant new or expanded sections addressing critical contemporary issues. These include current community benefit reporting requirements, service line costing, the application of capital investment decision analysis, international financial reporting standards, not-for-profit accounting standards, financial accounting, and the impact of healthcare legislation.

To enhance learning and engagement, the book incorporates practice scenarios, illustrative examples, self-test questions, insightful sidebars on real-world financial practices in healthcare, and a running glossary of terms. For educators, robust instructor resources are available, including a test bank, PowerPoint slides, case studies, and detailed solutions to end-of-chapter questions, problems, and five online cases. This edition, published by ACHE Learn on May 22, 2018, carries the ISBN-13: 978-1567939781.