This book introduces the accounting and financial reporting issues of hospitals and other healthcare entities. It explains the basic accounting concepts and discuses how to develop internal financial reports. It also includes information on analyzing and interpreting financial statements. The book is written in straightforward style that is ideal for students or professionals with no previous accounting experience. This new edition has been streamlined to provide a more practical and focused discussion of healthcare accounting. This edition also includes a new chart of accounts, a glossary of accounting terms, and new material on the balance sheet and statement of operations.