Course

Course Summary
Credit Type:
Course
ACE Course Number:
SDCM-0208
Organization:
Location:
Classroom-based
Length:
Self-paced. 20 weeks (40 hours)
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Lower-Division Baccalaureate 3 Healthcare Financial Management
Description

Objective:

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:

70%
Supplemental Materials