Course

Course Summary
Credit Type:
Course
ACE ID:
SDCM-0208
Organization's ID:
Health 305
Organization:
Location:
Online
Length:
Self-paced. 20 weeks (40 hours)
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Upper-Division Baccalaureate 3 Health Finance & Budgeting
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:

  • identify types of healthcare organizations and describe various organizational structures
  • 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
  • identify and analyze components of financial statements
  • apply financial ration analysis and benchmarking procedures
  • classify capital projects and develop operating budgets for healthcare organizations
  • conduct various analyses to assess and manage risk in healthcare organizations
  • forecast staffing needs and calculate full-time equivalents and prevailing wage.
  • define healthcare finance and identify the role of financial reporting, management, and budgeting in healthcare organizations

General 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:

  • Case Studies
  • Examinations
  • Quizzes
  • Written Papers

Minimum Passing Score:

70%
Supplemental Materials