- << Previous: HLTH 4100 - Healthcare Organization Theory and Behavior
- Next: HLTH 4110 - Healthcare Quality and Safety >>
(5 credits)
An unstable economy and inflating cost of healthcare affects nearly everyone, from individuals to entire hospitals, making sound financial management increasingly important. This course provides students with a foundation for economic evaluation and financial management in delivery of healthcare services, including principles of supply and demand. Students explore the financial, political, and economic aspects of universal healthcare, and they learn the purpose and methods of financial reporting, such as using financial statements and balance sheets. They also examine financial risk and insurance principles and mechanisms for healthcare reimbursement, including Medicare, Medicaid, and other payor programs. Through written applications and other practical exercises, students gain foundational skills in fiscal evaluation and financial management, which they can apply to personal or professional financial decision making.
Pre-requisites
- HLTH 4000
- MATH 1030 or ACCT 1003 or STAT 3001