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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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. […]
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 […]