Course Detail
Units:
3.0
Course Components:
Seminar
Enrollment Information
Enrollment Requirement:
Prerequisites: MHA 6801, ACCTG 6001 AND FINAN 6020.
Description
This survey course is an application of financial management techniques to decision making in healthcare organizations. Students are exposed to the financial structure of healthcare organizations and the evolving environment within which they operate. Topics include financial accounting and reporting requirements, cost and managerial accounting, private and public their-party payment, accounts receivable management, revenue cycle management, capital and operational budgeting, and resource allocation. Financial Management techniques used by healthcare organizations in budget preparation, investment alternatives, financial forecasting, and capital structures are presented.