Utilizes standard financial tools to manage healthcare organization capital resources. Topics include capital funding, project management, costing and budgetary methods, capital formation, and infrastructure investment strategies.
Outcomes
Describe key methodologies for the practical application of financial management in health care organizations.
Explain variable and fixed costs, direct and indirect costs, and cost accounting principles for health care services or processes.
Compare and contrast the external financing options which are available for health care organizations today.
Describe the financial approach to strategic health care planning, considering how managers can participate most effectively in this process.
Discuss change, innovation, and learning as they relate to the financial management of health care organizations.
Discuss the future of healthcare financial management in the United States.
PreRequisites
None
Textbook(s)
Financial management for public, health, and not-for-profit organizations (Rev: 4th ed.)
Publisher: Prentice Hall (2013) Author: Finkler, S. A. ISBN: 978-0-13-280566-7 * Disclaimer: Textbooks listed are based on the last open revision of the course. Prior revisions and future revisions may use different textbooks. To verify textbook information, view the course syllabus or contact the AU Bookstore at [email protected]