Financial Management for Public Health, and Not-for-Profit Organizations 7th Edition

Financial Management for Public Health, and Not-for-Profit Organizations 7th Edition Call; Approximately how much is spent on healthcare in the US? - $2-$3 out of every $100 spent on healthcare Where does a majority of public health spending occur at? - State and local levels. Not the federal level. Public Health Finance - "the field of study that examines the acquisition, utilization and management of resources for the delivery of public health functions and the impact of these resources on population health and the public health system" (Honore & Gapenski, in Shi & Johnson (eds), 2013) Importance of Public Health Finance - Resource scarcity -Under funding of public health -Need to protect existing funding streams -Effective and efficient utilization of existing funds -Need for innovative ways to diversify funding streams Sources of Public Health Funds - Federal -Grants (categorical (i.e. project basis, formula basis; block grants; earmark grants) State -Sources include: federal, state funds, fees and fines, Medicare & Medicaid etc. Local Government -Sources include: local funds, state direct funds, federal pass-throughs and directs, fees, Medicaid