MHA-5103 v1

Nowicki , M. (2017). Introduction to the financial management of healthcare organizations (7th ed.). Chicago, IL: Health Administration Press.
Read Chapter 14, Budgeting, pages 312 - 334
Read Chapter 15, Capital Budgeting, pages 335 - 360

Mukherjee, T., Al Rahahleh, N., Lane, W., & Dunn, J. (2016). The capital budgeting process of healthcare organizations: A review of surveys. Journal of Healthcare Management, 61(1), 58-77.
The article discusses capital budgeting practices by healthcare organizations and compares the capital budgeting practices of non-profit with for-profit healthcare organizations as well as comparing the practices of the healthcare industry with other industries.

Brickner, D. R., & Mahoney, L. S. (2018). Factoring in the time value of money with Excel. Journal of Accountancy, 225(3), 42-54.
The article addresses how money loses purchasing value over time, why this loss matters to the healthcare administrator and how they can use Excel as a tool to analyze current and future purchases while incorporating the time value of money.

Collins, J. C. (2017). Microsoft Excel: 3 ways to calculate internal rate of return in Excel. Journal of Accountancy, 223(2), 25-26.
This article provides the student with a practical application of Excel in the healthcare administration setting in calculating the internal rate of return, an essential metric of financial performance.

Mangiero, G. A., & Kraten, M. (2017). NPV sensitivity analysis: A dynamic Excel approach. American Journal of Business Education, 10(3), 113-126.
This article addresses how Excel may be used for sensitivity analysis of net present value (NPV), a critical financial metric for healthcare administrators in deciding on current and future purchases.

South-Winter, C. A., & Porter, J. C. (2017). Accounting basics part 4: Net present value. Radiology Management, 39(2), 11-16.
This article continues the discussion on NPV by defining this metric, its importance, and how it is addressed though accounting practices.