Healthcare Financial Management
  • Type Validation
  • Level Intermediate
  • Time Months
  • Cost Paid
Additional Details

Healthcare Financial Management

Issued by Northeastern State University

Analysis and application of the concepts of financial management within health care organizations, to include financial planning principles, sources and flows of funds, reimbursement procedures, governmental regulation, legal restraints, and capital budgeting.

  • Type Validation
  • Level Intermediate
  • Time Months
  • Cost Paid
Additional Details

Skills

Earning Criteria

  • Instructional strategies include: audio visual materials, discussion, computer-based training, practical exercises, lectures.
  • SLO 1. Describe key methodologies for the practical application of financial management in healthcare organizations.
  • SLO 2. Explain variable and fixed costs, direct and indirect costs, and cost accounting principles for healthcare services or processes.
  • SLO 3. Compare and contrast the external financing options that are available for healthcare organizations today.
  • SLO 4. Describe the financial approach to strategic healthcare planning, considering how managers can participate most effectively in this process.
  • SLO 5. Discuss change, innovation, and learning as they relate to the financial management of healthcare organizations.
  • SLO 6. Discuss the future of healthcare financial management in the United States.
  • Badge earners must complete the following course: HCA 3313 - Finance for Health Care Management.