NDLI: Financial modeling: Practical applications in hospital management

Content Provider	ACM Digital Library
Author	Chaplick, John P. Giles, Benjamin F.
Abstract	A key requirement for success in the practical application of any management sciences technique is a good match-up between the salient features of the technique itself and the demands of the environment in which the technique is used. This is particularly true in financial modeling applications wherein the capabilities of the model are called upon not only to provide management information appropriate to the financial decisions being made, but also to take into account the special characteristics of the entity or process being modeled. Executives responsible for the administrative and financial operations of hospitals are becoming increasingly aware of the analysis and management benefits which computer-based financial modeling systems can offer in an industry which has long been accused of inefficient service delivery. Once the application requirements and the unique characteristics of the modern health care institution are recognized, the features of computer-based simulation systems can be tailored to respond effectively to the growing complexities of hospital management.
Starting Page	119
Ending Page	126
Page Count	8
File Format	PDF
Language	English
Publisher	Association for Computing Machinery (ACM)
Publisher Date	1978-01-01
Access Restriction	Subscribed
Content Type	Text
Resource Type	Article

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Financial modeling: Practical applications in hospital management