《Healthcare-Finance-Spring二零一六-1》.pdf

Essentials of Healthcare Finance Essentials of Healthcare Finance Bao Liu, Ph.D. Bao Liu, Ph.D. Department of Health Economics Department of Health Economics School of Public Health School of Public Health Fudan University Fudan University February 18, 2004 February 18, 2004 Fudan University Why Take This Course Rapid expansion of the health care industry Health care decision makers’ general lack of business and financial background Financial and cost criteria’s increasing importance in health care Fudan University China 6 5 4 3 2 1 0 1995 1998 2001 Fudan University Information and Decision Making SEQUENCING EXAMPLE Information Financial forecast of a proposed new burn care unit Decision making Develop or not develop the burn care unit Implementation of decision Burn care unit is developed Results Fudan University Results Matrix for the Burn Care Example Event Alternative 25% 50% 75% Actions Utilization Utilization Utilization $400,000 $10,000 $200,000 Build unit Loss