Healthcare Applications: A Casebook in Accounting and Financial Management

Instructor Resources: Suggested case solutions (Word or Excel formats)

Financial issues are of paramount importance in today’s rapidly changing and increasingly competitive healthcare environment. Healthcare managers must understand accounting and financial management concepts and be prepared to operationalize them in their organizations. Healthcare Applications: A Casebook in Accounting and Financial Management provides a series of practice exercises for analyzing, understanding, and applying these concepts across a wide range of healthcare settings. Healthcare Applications contains 56 short cases designed to link theory to practical, real-world application via active learning. Based on fictitious entities and individuals (unless otherwise noted), the cases cover basic concepts—such as how to record transactions, compute financial ratios, and prepare financial statements—as well as more advanced issues, such as the effects of healthcare regulation, the valuation of debt or equity securities, cost–volume–profit analysis, and capital budgeting. Each case features assignments or questions to enhance students’ critical thinking and generate classroom engagement. Instructors can select case topics and difficulty levels that are most appropriate for their courses. The book’s cases can be either assigned as out-of-class homework or used directly in class to introduce a topic or facilitate discussion.

Thomas E. McKee, PhD, is a professor in the Department of Healthcare Leadership and Management at the Medical University of South Carolina in Charleston. He teaches master’s courses in healthcare accounting, healthcare financial management, and healthcare finance, as well as a doctoral course in healthcare financial management. Dr. McKee is also an adjunct professor at the Norwegian School of Economics in Bergen, Norway, where he teaches auditing in a master’s program. His academic credentials include a bachelor of science degree in accounting from East Tennessee State University and a master of business administration degree and a doctorate in accounting from Georgia State University. He is a certified public accountant, certified internal auditor, and certified management accountant who previously worked as a senior accountant for Price Waterhouse. His primary research interest is decision modeling. Dr. McKee has authored or coauthored more than 20 books, book chapters, and monographs, as well as more than 90 journal articles. He currently serves on the editorial boards of three international academic journals and has been a consultant to CPA firms as well as an expert witness in accounting and auditing litigation.