Financial modeling for hospital materials managers. Part I.
Beginning in this issue, HMM Editorial Board member Dennis Green will explore five types of financial analysis materials managers are increasingly expected to perform. By the end of this series, HMM readers equipped with a personal computer and/or a financial calculator will have learned to make the following types of financial decisions: Whether to take advantage of a "sale"; Whether to make or buy; How to analyze the "reagent rental" alternative to purchase: How to extrapolate a series of cashflows in present value; and How to create negotiation models for cash acquisitions. As always, HMM welcomes your comments and suggestions.
D005376:Financial Management / Q000379:methods*; D005377:Financial Management, Hospital / Q000379:methods*; D008421:Materials Management, Hospital / Q000191:economics*; D008432:Mathematical Computing; D008962:Models, Theoretical; D014481:United States