Financial Management for Rehab Leaders

"Financial Management for Rehab Leaders: A Practical Guide" is an essential resource for rehabilitation professionals transitioning into leadership roles. Author David Potach, drawing from extensive experience as a seasoned rehab leader, provides a comprehensive and accessible guide to navigating the complex world of healthcare finance.Through the relatable journey of Amanda, a physical therapist turned rehab director, readers gain practical knowledge and skills necessary to make informed financial decisions and drive positive change in their organizations. This book bridges the gap between clinical expertise and financial acumen, empowering rehab leaders to:Master fundamental accounting and budgeting principlesUnderstand reimbursement methods and revenue cycle managementOptimize productivity and generate alternative revenue streamsMake data-driven decisions balancing patient care and financial sustainabilityLead financial change and foster a culture of fiscal responsibilityPacked with real-world examples, case studies, and practical exercises, this guide offers hands-on approaches to financial management specifically tailored for rehabilitation settings. Potach skillfully addresses the unique challenges faced by rehab leaders, providing strategies to:Effectively communicate with staff about financial mattersNavigate the shift towards value-based careImplement cost-effective supply chain managementDevelop and manage capital budgetsUtilize financial analysis techniques for informed decision-makingWhether you're a new director or a seasoned leader looking to enhance your financial skills, "Financial Management for Rehab Leaders" equips you with the tools and confidence to excel in your role. This indispensable guide will help you make a lasting impact on the lives of your patients and the success of your organization in today's ever-evolving healthcare landscape.