Course Detail
Units:
3.0
Course Components:
Lecture
Enrollment Information
Enrollment Requirement:
Prerequisites: Enrollment in MHA Program, MHA 6530, or Instructor Consent.
Description
This course is designed to expose students to the field of managerial finance and accounting in healthcare organizations. It is intended to demonstrate the essential integration of accounting and finance by teaching the fundamentals of both accounting and financial management principles with emphasis on the current financial environment in which healthcare providers operate. The course covers the purpose and methods of financial environment in which healthcare providers operate. the course covers the purpose and methods of financial accounting (including for-profit, not-for-profit and governmental), and special industry characteristics affecting financial management (third-party payers, price or rate-setting, cost shifting, taxation, incentives, contractual adjustments). This course lays the foundation in financial knowledge necessary for more advanced courses in Healthcare Financial Management.