Course Summary
Credit Type:
ACE Course Number:
Self-paced. 20 weeks (40 hours)
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Lower-Division Baccalaureate 3 Healthcare Financial Management


The course objective is to describe and analyze healthcare system finance and budgeting. The course covers various processes of healthcare financial management on individual and organizational level.

Learning Outcomes:

  • Define healthcare compliance, identify fraud and abuse laws, and differentiate between error and fraud in financial reporting
  • Identify types of health insurance and reimbursement methods and apply strategies to transition to value-based reimbursement
  • Describe financial, receivable, cash, and supply chain management activities in healthcare organizations
  • Classify capital projects and develop operating budgets for healthcare organizations
  • And forecast staffing needs and calculate full-time equivalents and prevailing wage.
  • Upon completion of the course, the student will be able to define healthcare finance and identify the role of financial reporting, management, and budgeting in healthcare organizations
  • Identify types of healthcare organizations and describe various organizational structures
  • Identify and analyze components of financial statements
  • Apply financial ration analysis and benchmarking procedures
  • Conduct various analyses to assess and manage risk in healthcare organizations

General Course Topics:

  • Introduction to healthcare finance
  • Organizational structure in healthcare
  • Healthcare organizations and services
  • Financial reporting in healthcare
  • Health insurance and reimbursement
  • Estimating healthcare costs
  • Healthcare financial management
  • Accounting and income statements in healthcare
  • Using balance sheets in healthcare finance
  • Financial assessment in healthcare
  • Healthcare planning and budgeting
  • Project costs and evaluation in healthcare
  • Healthcare staffing needs and forecasting
  • Trends in healthcare
Instruction & Assessment

Instructional Strategies:

  • Audio Visual Materials

Methods of Assessment:

  • Examinations
  • Quizzes

Minimum Passing Score:

Supplemental Materials