Jove
Visualize
Contact Us
JoVE
x logofacebook logolinkedin logoyoutube logo
ABOUT JoVE
OverviewLeadershipBlogJoVE Help Center
AUTHORS
Publishing ProcessEditorial BoardScope & PoliciesPeer ReviewFAQSubmit
LIBRARIANS
TestimonialsSubscriptionsAccessResourcesLibrary Advisory BoardFAQ
RESEARCH
JoVE JournalMethods CollectionsJoVE Encyclopedia of ExperimentsArchive
EDUCATION
JoVE CoreJoVE BusinessJoVE Science EducationJoVE Lab ManualFaculty Resource CenterFaculty Site
Terms & Conditions of Use
Privacy Policy
Policies

Related Experiment Videos

Helping financial analysts communicate variance analysis.

H G Dove1, T Forthman

  • 1School of Medicine, Yale University, New Haven, CT, USA.

Healthcare Financial Management : Journal of the Healthcare Financial Management Association
|March 9, 1995
PubMed
Summary
This summary is machine-generated.

Related Concept Videos

You might also read

Related Articles

Articles linked to this work by shared authors, journal, and citation graph.

Sort by
Same author

Episode Treatment Groups (ETGs): a patient classification system for measuring outcomes performance by episode of illness.

Topics in health information management·2001
Same author

Benchmarking medical group practices using claims data: methodological and practical problems.

The Journal of ambulatory care management·2000
Same author

Reducing health care delivery costs using clinical paths: a case study on improving hospital profitability.

Journal of health care finance·1995
Same author

Use of the resource-based relative value scale for private insurers.

Health affairs (Project Hope)·1994
Same author

Physician recruiting and marketing: a summary guide for hospitals--Part one.

Journal of hospital marketing·1991
Same author

Postinstallation evaluation of computerized management support systems.

The Journal of ambulatory care management·1985
Same journal

Highlights from the HFM blog.

Healthcare financial management : journal of the Healthcare Financial Management Association·2018
Same journal

Hospitals face challenges from Medicare cost and payment trends.

Healthcare financial management : journal of the Healthcare Financial Management Association·2018
Same journal

The fate of value-based care with an ACA repeal.

Healthcare financial management : journal of the Healthcare Financial Management Association·2018
Same journal

Beyond the Medicare annual well visit: maximizing revenue for hospital-owned practices.

Healthcare financial management : journal of the Healthcare Financial Management Association·2018
Same journal

Incorporating social determinants into population health management.

Healthcare financial management : journal of the Healthcare Financial Management Association·2018
Same journal

Health Care 2020 Part 3: Consolidation.

Healthcare financial management : journal of the Healthcare Financial Management Association·2018
See all related articles

Healthcare organizations use variance analysis to understand cost differences. Presenting this data visually helps executives improve efficiency and strategic planning.

Area of Science:

  • Healthcare Management
  • Financial Analysis

Background:

  • Healthcare organizations utilize variance analysis to reconcile discrepancies between budgeted and actual financial outcomes.
  • Increasing emphasis on efficiency and strategic planning necessitates robust financial analysis tools for healthcare executives.

Purpose of the Study:

  • To highlight the importance of variance analysis in healthcare financial management.
  • To advocate for effective data presentation formats for senior executives.

Main Methods:

  • Review of variance analysis applications in healthcare settings.
  • Discussion of data presentation strategies for executive decision-making.

Main Results:

  • Variance analysis is crucial for identifying cost and charge variations.

Related Experiment Videos

  • Effective visual summaries enhance the utility of variance data for executives.

    • Conclusions:

    • Optimized presentation of variance analysis data is essential for healthcare organizational improvement.
    • Visual summaries facilitate better understanding and utilization of financial performance data by leadership.