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Wrocław, Poland
Wroclaw University of Economics and Business

Finance and Management in Healthcare

Zarządzanie i Finanse w Ochronie Zdrowia

Table of contents

⇑Finance and Management in Healthcare at UEW

Language: Polish Studies in Polish
Subject area: economy and administration
University website: uew.pl/en

⇑Definitions and quotes

Finance
Finance is a field that deals with the study of investments. It includes the dynamics of assets and liabilities over time under conditions of different degrees of uncertainties and risks. Finance can also be defined as the science of money management. Market participants aim to price assets based on their risk level, fundamental value, and their expected rate of return. Finance can be broken into three sub-categories: public finance, corporate finance and personal finance.
Wikipedia
Management
Management (or managing) is the administration of an organization, whether it is a business, a not-for-profit organization, or government body. Management includes the activities of setting the strategy of an organization and coordinating the efforts of its employees (or of volunteers) to accomplish its objectives through the application of available resources, such as financial, natural, technological, and human resources. The term "management" may also refer to those people who manage an organization.
Wikipedia
Management
Understanding the concept of competency is a prerequisite to understanding his integrated model of management.
Richard Boyatzis (1982) Competent Manager: A Model for Effective Performance. p. 10
Wikiquote
Healthcare
It's playing with people's lives, like you were playing a slot machine. [...] I love slot machines, but I don't like Russian roulette.
Patient Jina Luther on Tennessee's "Standard Spend Down" healthcare lottery, The Daily Show, June 5, 2013.
Wikiquote
Management
Management is defined here as the accomplishment of desired objectives by establishing an environment favorable to performance by people operating in organized groups. Each of the managerial functions (planning, organizing, staffing, , directing, and controlling) is analyzed and described in a systematic way. As this is done, both the distilled experience of practicing managers and the findings of scholars are presented. This is approached in such a way that the reader may grasp the relationships between each of the functions, obtain a clear view of the major principles underlying them.
Harold Koontz and Cyril O'Donnell. Principles of Management; An Analysis of Managerial Functions. 1968, p. 1
Wikiquote
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