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"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 principles
Understand reimbursement methods and revenue cycle management
Optimize productivity and generate alternative revenue streams
Make data-driven decisions balancing patient care and financial sustainability
Lead financial change and foster a culture of fiscal responsibility
Packed 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 matters
Navigate the shift towards value-based care
Implement cost-effective supply chain management
Develop and manage capital budgets
Utilize financial analysis techniques for informed decision-making
Whether 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.
About the author
David Potach, a renowned expert in strength training, sports rehabilitation, entrepreneurship, and leadership, brings over three decades of experience to his writing. As a Fellow of the American College of Healthcare Executives (FACHE), Certified Strength and Conditioning Specialist (CSCS), and a Board-Certified Sports Physical Therapy Specialist (SCS), David has mentored hundreds of students and staff while also working with athletes at all levels, from amateur to professional.Throughout his career, David has established multiple successful ventures, showcasing his ability to develop and grow businesses that prioritize patient care and outcomes. He has also held leadership positions in various healthcare organizations, currently serving as the Director of Rehabilitation and Sports Medicine at Beth Israel Lahey Health.A sought-after speaker and published author, David has co-authored several books, including "Sport Injury Prevention Anatomy." His unique blend of clinical expertise, business acumen, and leadership skills shines through in his writing, providing invaluable insights and strategies to help individuals achieve their goals.
