Healthcare Financial Management

Catalog description

"This course builds on analytical and decision-making skills in an environment of value-based purchasing and bundled payments. The emphasis is on financial management tools and techniques critical to the success of both investor-profit and nonprofit providers. Financial and managerial accounting tools provide a foundation for expanding financial analysis skills under conditions of risk and uncertainty. Course topics include payment reforms, value-based purchasing tools, operating and capital budgeting, revenue cycle management, and scenario analysis when considering financial and operating risk. Course takeaways are about strategic financial management tools and techniques to assist healthcare providers pursuing financial and operational strategies. ** Healthcare Managerial Accounting course completion is a pre-requisite of enrollment in the Healthcare Financial Management course. "