The Business of Healthcare: Connecting Quality to Strategy and Finance

Catalog description

This course provides students with a foundational understanding of the economic and financial principles that drive the U.S. healthcare system. Designed for healthcare professionals and quality leaders, it explores the complex interplay between cost, quality, and value in healthcare delivery. Key topics include cost accounting in healthcare settings, interpreting and using financial statements, developing business plans, and building compelling business cases for quality and safety initiatives. Students will examine various payment models—including fee-for-service, value-based care, and alternative payment arrangements—and analyze their implications for clinical practice and organizational performance.