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Financial Audit↗

Positioning health care services: yellow pages advertising and dental practice performance.

The authors empirically explored the relationship between positioning strategies and financial performance in dental practices. They analyzed data collected from a random sample mail survey of Oregon dentists in conjunction with data obtained in a content analysis of yellow pages advertising. The authors' analysis of usable responses from 264 general dentists in private practice reveals that they use a variety of positioning strategies and that the selection of a positioning strategy correlates significantly with financial performance.

Advertising↗

Economic value added--a framework for health care executive compensation.

Health care executive compensation has come under recent scrutiny, partly because of efforts to contain health care costs in general and partly because of negative press given to executive compensation in the corporate world. This article extends beyond speculating what the basis of health care executive compensation should be and beyond presenting comparative compensation data often used to support compensation levels. It presents a sound economic framework on which executive compensation may be determined and evaluated--a framework to be used to supplement traditional bases of executive compensation in voluntary and investor-owned hospitals. The economic value added (EVA) framework is built on the premise that levels of health care executive compensation should at least in part be based on the economic value that the executives themselves create for the organization. EVA is both a measure of value and measure of performance and offers a base for annual executive incentive compensation in addition to those traditionally used by hospital boards.

Cost-Benefit Analysis↗

Making accounts receivable analysis understandable.

Accounts receivable analysis is comprised of many factors which can often appear conflicting and confusing. S. Thomas Dunlap has developed a system that allows an administrator to get straightforward answers to this analysis problem which he describes in his article.

Accounts Payable and Receivable↗

In the pink?

Most first-wave trusts produced annual reports to be proud of. But, as Ron Hodges discovered, the few which failed to meet the mark provide an object lesson in how not to do it.

Administrative Personnel↗

Home office cost reporting.

Diversified agencies may provide a broad range of services, such as private-duty nursing, hospice, and infusion therapy. How can such an agency make sure amidst complicated operations that it is operating at peak efficiency?

Accounting↗

A team approach to fraud prevention.

The author discusses the importance of a fraud prevention program and why a team approach--auditor plus security loss prevention manager--works in the healthcare industry.

Financial Audit↗