
2 minute read
Contents /4.23
A study by IMA ® and HFMA examines the role of management accounting in the U.S. healthcare industry.
24/ 32/ 40/ 48/
Advertisement
Innovating Healthcare Costing
COVER STORY Healthcare companies in the U.S. face several obstacles in their efforts to adopt better costing practices and deliver greater value.
BY LOREAL JILES; QI “SUSIE” DUONG, PH.D., CMA, CPA, CIA, EA; AND RICHARD GUNDLING, CMA, FHFMA
Planning In A Recession
The turbulent events of the last several years have led companies to reassess the assumptions they use when planning for the future, but the importance of key best practices hasn’t changed. These five tips can help organizations prepare for tough times.
BY RENE HO
Inflation And Financial Information Usefulness
Rising inflation levels have an impact on more than just individuals or the economy as a whole. The value of financial statement information may also be diminished.
BY KEN ABRAMOWICZ, PH.D., AND D.J. KILPATRICK, PH.D., CMA
IS RISK MANAGEMENT REDUNDANT?
Risk management shouldn’t be a stand-alone, compliance-driven practice focused on limiting what can go wrong. A better alternative is focusing on making effective decisions, balancing pros and cons, and reconciling dilemmas.
BY MARINUS DE POOTER, CMA, CFM, RA, CIA
IMA CPEdge Express™ offers courses based on articles from IMA’s award-winning Strategic Finance magazine, in an online, interactive self-study format. IMA members can earn CPE credits by answering a few online review questions and passing a final assessment.
IMA CPEdge Express™ qualifies for CPE credit under NASBA QAS certification. For more information, go to bit.ly/3eDEv8G





EDITOR-IN-CHIEF CHRISTOPHER DOWSETT, CAE cdowsett@imanet.org
SENIOR EDITOR ELIZABETH KENNEDY ekennedy@imanet.org
SENIOR EDITOR NANCY FASS nfass@imanet.org
FINANCE EDITOR DANIEL BUTCHER daniel.butcher@imanet.org
STAFF WRITER/EDITOR LORI PARKS lori.parks@imanet.org
SENIOR DESIGNER JAMIE BARKER jamie.barker@imanet.org
Editorial Advisory Board
Bruce R. Neumann, Ph.D. Academic Editor
Ann Dzuranin, Ph.D., CPA Associate Academic Editor
William R. Koprowski, Ph.D., CMA, CFM, CFE, CIA Associate Academic Editor
For more information on the role of the Editorial Advisory Board and a complete list of reviewers, visit sfmag.link/reviewers
Published Since 1919
The R.W. Walker Company, Inc. mike@rwwcompany.com (925) 648-3101
FOR REPRINT INFORMATION, CONTACT: sfmag@imanet.org
FOR PERMISSION TO MAKE 1- 50 COPIES OF ARTICLES, CONTACT: Copyright Clearance Center, www.copyright.com
Strategic Finance® is indexed in the Accounting and Tax Index by ProQuest at www.il.proquest.com
Except as otherwise noted, the copyright has been transferred to IMA® for all items appearing in this magazine. For those items for which the copyright has not been transferred, permission to reproduce must be obtained directly from the author or from the person or organization given at the end of the article.
Views expressed herein are authors’ and do not represent IMA policy unless so stated. Publication of paid advertising and new product and service information does not constitute an endorsement by IMA of the advertiser or the product or service.
Strategic Finance® (ISSN 1524-833X/USPS 327-160) Vol. 10 4, No. 10, April 202 3. Copyright © 202 3 by IMA. Published monthly by the Institute of Management Ac coun tants, 10 Paragon Drive, Suite 1, Montvale, NJ 07645. Phone: (201) 573-9000. Email: sfmag@imanet.org
MEMBER SUBSCRIPTION PRICE: $48 (included in dues, nondeductible); student members, $25 (included in dues, nondeductible).
June
BY GWEN VAN BERNE, CMA