Examination of the financial workings of hospitals, including third party payor reimbursement methods and requirements; budgeting, working capital analysis, long-term resources and obligations, and external reporting. Applications include a series of practice exercises in accounting and financial management for analyzing, understanding, and applying concepts across a wide range of healthcare settings. Designed to link theory to practical, real-world application via active learning. Based on fictitious entities and individuals (unless otherwise noted), the case applications 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. Also listed as HCR.