Worth A Look

Financial Crash CourseFinance isn't just for chief financial officers anymore. That's one of the central themes of Kenneth Kaufman's Best Practice Financial Management: Six Key Concepts for Healthcare Leaders, Third Edition, a new book that aims to give every executive, manager and trustee at the healthcare decision-making table the working knowledge needed to make sound financial decisions.At first glance, some of the concepts-allocating capital, strategic budgeting, capital structure management-might not seem particularly revolutionary. But Kaufman, managing partner of Kaufman, Hall & Associates Inc., a healthcare financial and capital consulting firm, contends that mastering a set of fundamental principles equips leaders with a common language to help navigate the complex healthcare world of ballooning costs, constrained reimbursements, perplexing regulations and competition at every corner.Best Practice Financial Management is available from Health Administration Press.-Jay Moore