hcs182 | undergraduate

Introduction To Financial Concepts

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This course introduces students to fundamental financial concepts related to the health care industry. Students will learn about basic insurance procedures, bookkeeping processes, and budgets commonly used in a variety of health care settings.

This undergraduate-level course is 5 weeks To enroll, speak with an Enrollment Representative.

Course details:

Credits: 3
Continuing education units: XX
Professional development units: XX
Duration: 5 weeks

topic title goes here

    Health Care Payors

    • Identify sources of health care revenue.
    • Compare insurance structures.
    • Explain elements of insurance contracting.

    Health Care Billing

    • Identify rules and regulations governing patient billing.
    • Compare uses of coding.
    • Identify processes associated with the medical revenue cycle.

    Life Cycle of an Insurance Claim

    • Describe methods of collecting claim data.
    • Explain claim submission processes.
    • Identify appropriate follow-up to claims.

    Bookkeeping

    • Identify appropriate posting actions in accounting systems.
    • Explain the process of reconciling bank statements.
    • Identify metrics used in health care finance.

    Introduction to Health Care Finance

    • Explain basic financial concepts.
    • Explain the purpose of various financial statements.
    • Identify types of accounting.
    Tuition for individual courses varies. For more information, please call or chat live with an Enrollment Representative.

    Please ask about these special rates:

    Teacher Rate: For some courses, special tuition rates are available for current, certified P-12 teachers and administrators. Please speak with an Enrollment Representative today for more details.

    Military Rate: For some courses, special tuition rates are available for active duty military members and their spouses. Please speak with an Enrollment Representative today for more details.

    The University of Phoenix reserves the right to modify courses.

    While widely available, not all programs are available in all locations or in both online and on-campus formats. Please check with a University Enrollment Representative.

    Transferability of credit is at the discretion of the receiving institution. It is the student’s responsibility to confirm whether or not credits earned at University of Phoenix will be accepted by another institution of the student’s choice.