Blog

August 29, 2018

Ethics of Workforce Reduction

Ethics of Workforce Reduction By Mohamed Refaat, MBA, CPHHA. In the last several years, most of the hospitals faced increasing financial concerns. The dilemma these hospitals […]
August 29, 2018

Gender Discrimination

Gender Discrimination By Mohamed Refaat, MBA, CPHHA. Sex discrimination is against the law and has been since Congress passed the Civil Rights Act of 1964. This […]
August 29, 2018

Medical Errors

Medical Errors A medical error may be defined as a preventable adverse effect of care, whether or not it is evident or harmful to the patient. […]
August 29, 2018

The Ethics of Managing People

The Ethics of Managing People A healthcare manager will be confronted with ethical dilemmas on a daily basis. Most of the time, unconsciously, the manager will […]
August 30, 2018

An Introduction to Healthcare Finance

Financial Management of Healthcare Financial management is a vital part of organizational effectiveness, it is a discipline with a long and respected history. Health care service […]
August 30, 2018

Assets, Liabilities, and Net Worth

Assets, Liabilities, and Net Worth Assets, Liabilities, and net worth are part of the language of finance. As such, it is important to understand both their […]
August 30, 2018

Cost Classifications

Cost Classifications Distinction Between Direct and Indirect Costs The critical distinction for the manager is that the cost is directly attributable. Whatever the manager is responsible […]
August 30, 2018

Expenses (Outflow)

Expenses (Outflow) Expenses are the costs that relate to the earning of revenue. Another way to think of expenses is as the costs of doing business. […]
August 30, 2018

Financial and Operating Ratios as Performance Measures

Financial and Operating Ratios as Performance Measures Ratios are convenient and uniform measures that are widely adopted in healthcare financial management. They are important because they are […]