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Product Details

Healthcare Financial Management (HCA-375)
Location:
Various: distance learning format

Length:
Varies (self-study; self-paced)

Dates:
May 2023 - Present.

Subject Area:
Allied Health

Number of Credits:
3

Learners Outcome:

Upon completion of this course, students will be able to: apply economic and healthcare finance concepts, terminology, classification, methods, and trends to situations in healthcare management; discuss the roles of planning and budgeting, their respective processes, and how they relate to a healthcare organization; demonstrate the skills necessary to complete a hospital budget; analyze financial statements and assess the importance of taking information from financial documents and utilizing this information in the healthcare organizing decision-making process; utilize financial information for decision-making and evaluate organizational performance; and investigate the role financial management and cost accounting have on organizational performance.

Instruction:

Healthcare Financial Management (HCA-375) blends accounting and finance concepts to enhance healthcare managers’ decision-making skills. The course  provides a detailed understanding of health services financial management for decision-making, emphasizing third-party payers, financial statements, capital investments, debt financing, equity financing, and capital budgeting.

Credit Recommendation:

In the lower division baccalaureate/associate degree category, OR in the upper division baccalaureate degree category, 3 semester hours in Allied Health, Healthcare Administration, Health Sciences, Human Services, or Healthcare Policy (5/23).


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