HL 537 Healthcare Financial Management

Students in this course are introduced to terminology, theory, concepts, and techniques used in the accounting and finance functions in healthcare organizations. Using an applied approach to healthcare finance, students learn how to develop, apply, and interpret various financial tools, including budgets, sources of revenue/reimbursement by payer, income statements, balance sheets, dashboards, statements of cash flow, pro formas, return on investment analysis, financial ratios, capital budgeting, debt service and borrowing, depreciation, and cost allocation and cost accounting techniques.

Credits

3

Outcomes

1. This course will prepare students to:
2. Analyze inventory and depreciation concepts.
3. Appraise major digital age influences that impact healthcare finance.
4. Appraise the reporting tools used in healthcare finance.
5. Assess the differences in sources of healthcare revenue.
6. Evaluate how expenses are grouped in different ways for planning and control.