Essentials of Health Care Finance - Paperback

by William O. Cleverley (Author), James O. Cleverley (Author), Ashley V. Parks (Author)

Blending the topics of both accounting and finance, Essentials of Health Care Finance is a relevant, readable, and easily applied resource for health care management students and executives that explores finance theory and its practical application in health care across a full range of facilities, from hospitals, home health agencies, and skilled nursing facilities to surgical centers, physician practices, and integrated health systems. Carefully revised, the Ninth Edition of Essentials of Health Care Finance has been updated with additional reflection, examples, and application so that individuals with no healthcare experience can benefit from additional elaboration on key concepts such as physician practice management, flex budgeting, and strategic financial planning. The Ninth Edition also explores trends in national health expenditures and physician organizations and alignment; changes in health services financing and utilization since the enactment of the Affordable Care Act (ACA); and covers notable changes in payment methodologies. Other Key Updates include: - Changes to billing, coding, and documentation of health care services in specific settings. - An all-new overview of the current legal and regulatory provisions that impact today's healthcare manager in a thoroughly revised Chapter 4. - Updated information regarding the health policy environment and added examples. - New chapter questions and scenarios. - Excel formulas for important financial mathematics equations and ratios. - Updated information on reimbursement for long-term care and home health organizations in Chapter 12 (their payment models completely changed in 2019).