Course

Course Summary
Credit Type:
Course
ACE ID:
HFMA-0003
Location:
Online
Length:
14 hours
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Lower-Division Baccalaureate 1 Introduction to health care finance
Description

Objective:

The course objective is to attain an understanding in and have demonstrated specialist-level knowledge of reading and analyzing financial reports and statements, risk-sharing arrangements, managed care contracts, and profitability ratios.

Learning Outcomes:

  • Compare various types of budgets
  • Identify types of cost behaviors
  • Recognize the types of risk-sharing arrangements in managed care contracts
  • Identify capital investment evaluation technique

General Topics:

  • Cost Analysis and Management
  • Reimbursement and Managed Care
  • Financial Planning and Budgeting
  • Capital Planning and Financing
  • Investments and Cash Management
  • Accounting Oversight and Internal Control
  • Financial Reporting: Liabilities and Long-Term Debt
  • Financial Reporting: Relationships and Procedures
  • Medicare and Medicaid Reimbursement Systems
  • Fraudulent Acts and Other Compliance Risks
  • Malpractice Insurance and Risk Management
  • Financial Reporting: Revenue and Assets
Instruction & Assessment

Instructional Strategies:

  • Computer Based Training

Methods of Assessment:

  • Examinations

Minimum Passing Score:

70%
Supplemental Materials