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Essentials of Health Care Finance, Eighth Edition Includes Navigate 2 Advantage Access

Author(s): William O. Cleverley, PhD, President, Cleverley and Associates, Professor Emeritus, The Ohio State University, Columbus, Ohio
James O. Cleverley, MHA, Principal, Cleverley and Associates, Columbus, Ohio
  • ISBN-13: 9781284094633
  • Navigate 2 Advantage Access     574 pages      © 2018
Price: $96.95 US List
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Each new print copy of Essentials of Health Care Finance, Eighth Edition also includes Navigate 2 Advantage Access that unlocks a complete eBook, Study Center, homework and Assessment Center, and a dashboard that reports actionable data. Experience Navigate 2 today at

Essentials of Health Care Finance 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 in health care across a full range of facilities, from hospitals and home health agencies to skilled nursing facilities, surgical centers and private physician practices.

The vast, complex nature of the U.S. health care system renders traditional approaches to finance insufficient. Importantly, Essentials of Health Care Finance couches its discussion of economics, accounting and financial topics firmly within the unique context of the health care industry.

Relevant and readable, this Eighth Edition of Essentials of Health Care Finance is fully revised and updated with current, real-world examples of financial problems and solutions as well as the latest financial ratio standards. This new edition also introduces ICD-10 coding and offers comprehensive coverage of the impact of the Affordable Care Act in all relevant chapters.

New to the Eighth Edition:
•    All chapters updated with current examples and the latest financial ratio standards
•    Coverage of new topics throughout including, the introduction of ICD-10 coding, the impact of the ACA
•    New discussion of 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 in a health care system framework with corporate decision making
•    New discussion and examples of hospital acquisition of physician practices


Chapter  1  Financial Information and the Decision-Making Process
Chapter  2  Billing and Coding for Health Services
Appendix  2-A  Sample UB-04 Form and Sample CMS-1500 Form
Chapter  3  Financial Environment of Health Care Organizations
Appendix  3-A  List of MS-DRGs and Relative Weights for Fiscal Year 2010-2016
Chapter  4  Legal and Regulatory Environment
Chapter  5  Measuring Community Benefit
Appendix  5-A  Schedule H
Chapter  6  Revenue Determination
Chapter  7  Health Insurance and Managed Care
Chapter  8  General Principles of Accounting
Chapter  9  Financial Statements
Appendix  9-A  Case Example: Audited Financial Statement
Chapter  10  Accounting For Inflation
Chapter  11  Analyzing Financial Statements
Chapter  12  Financial Analysis of Alternative Health Care Firms
Chapter  13  Strategic Financial Planning
Chapter  14  Cost Concepts and Decision Making
Chapter  15   Product Costing
Chapter  16  The Management Control Process
Chapter  17  Cost Variance Analysis
Chapter  18  Financial Mathematics
Chapter  19  Capital Project Analysis
Chapter  20  Consolidations and Mergers
Chapter  21  Capital Formation
Chapter  22  Working Capital and Cash Management
Chapter  23  Developing the Cash Budget

William O. Cleverley, PhD-President, Cleverley and Associates, Professor Emeritus, The Ohio State University, Columbus, Ohio


William O. Cleverley, Ph.D., has been the President of Cleverley & Associates since its formation in January 2000. Prior to forming Cleverley & Associates, Dr. Cleverley was the President and Founder of CHIPS (Center for Healthcare Industry Performance Studies). United Healthcare acquired the firm in March 1998 and Dr. Cleverley remained on staff as a part-time employee until December 1999. Dr. Cleverley is also Professor Emeritus at The Ohio State University where he has taught courses in healthcare finance since 1973.
Dr. Cleverley was the original author of Essentials of Healthcare Finance in 1978 . In addition, he has authored over 250 articles on healthcare financial issues in a wide variety of both academic and professional journals. 
Additional Titles by this Author

James O. Cleverley, MHA-Principal, Cleverley and Associates, Columbus, Ohio


James O. Cleverley, MHA serves as a Principal for Cleverley & Associates, where he has worked since September 2003. Mr. Cleverley consults with hospital and healthcare organizations to identify financial and operating opportunities, as well as related strategies for performance improvement. Prior to joining the firm, he directed a statewide health services program for a medical association. 
Mr. Cleverley has written a number of articles dealing with healthcare financial analysis and application, including the annual Community Value Index® hospital survey and the State of the Hospital Industry. He was the recipient of the Healthcare Financial Management Association’s Yerger/Seawell Best Article award.   
Mr. Cleverley received his Masters in Health Administration from The Ohio State University in 2004. He received his Bachelors of Science in Business Administration from The Ohio State University in 1999.
  • Chapter_1
    Chapter 1 Sample
  • Chapter_5
    Chapter 5 Sample
  • FrontMatter.pdf
    Front Matter: Table of Contents, Preface, Content of the Book Description, About the Authors, Contributor List

The following instructor resources are available to qualified instructors for download

ISBN-13: 9781284094633

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Bundle ISBN: 9781284173215
This bundle includes Essentials of Health Care Finance, 8th Edition and an access card for the Navigate 2 Scenario on Health Care Finance.