Essentials of Health Care Finance, 8th Edition, provides health management students and executives with the most authoritative text on financial decision-making in the health care industry. This trusted resource explores finance theory and its practical application across a full range of facilities, from hospitals and home health agencies to skilled nursing facilities, surgical centers, and private physician practices. Understanding that the vast, complex nature of the U.S. health care system renders traditional approaches to finance insufficient, this book firmly couches its discussion of economics, accounting, and financial topics within the unique context of the health care industry.

Relevant and readable, this Eighth Edition is fully revised and updated with current, real-world examples of financial problems and solutions, as well as the latest financial ratio standards. It introduces ICD-10 coding and offers comprehensive coverage of the impact of the Affordable Care Act in all relevant chapters. Doody’s assessment, which awarded this edition a 3-star rating, highlighted it as “a much-needed update from the seventh edition. It is relevant and provides current applications of ICD-10 coding and the Affordable Care Act in all applicable chapters.”

Key Updates in the Eighth Edition:

• All chapters updated with current examples and the latest financial ratio standards.
• Comprehensive coverage of new topics, including the introduction of ICD-10 coding and the impact of the Affordable Care Act.
• New discussion of Accountable Care Organizations (ACOs), including ACO type cost variance analysis.
• Expanded coverage of specific costing of encounters using charge code level data.
• New discussion of capital project analysis within a health care system framework, incorporating corporate decision-making.
• New discussion and examples regarding hospital acquisition of physician practices.

Book Details:
Title: Essentials of Health Care Finance
Author: William O. Cleverley
Edition: 8th
Publisher: Jones & Bartlett Learning
Publication Date: February 21, 2017
ISBN-10: 1284094634
ISBN-13: 978-1284094633