hcs385 | undergraduate

Health Care Finance

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This course provides an overview of the financial economics of health care. Concepts such as payments systems, economic trends, financial statements and budgets are covered.

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

    Time Value of Money and Investment Decisions

    • Explain the objectives of capital investment decisions.
    • Calculate and interpret results using net present value (NPV) and internal rate of return (IRR).
    • Calculate results using present and future valuation methods.

    Financial Planning

    • Describe the relationship between strategic planning and financial planning.
    • Prepare various types of budgets.
    • Perform a break-even analysis.
    • Calculate present value and future value of cash flows.
    • Evaluate financial performance using financial ratios.

    Working Capital Management and Capital Budgeting

    • Evaluate effective working capital management techniques.
    • Analyze supply and demand for health care services.
    • Evaluate alternative capital projects.
    • Analyze risks associated with capital projects.
    • Analyze the decision-making factors in lease versus buy.

    Long-Term Financing

    • Analyze the effect of financing strategies on cost of capital.
    • Calculate the weighted average cost of capital of a firm.
    • Analyze benefits and risks of debt financing.
    • Develop strategies to mitigate the increasing costs in the health care system.

    Introduction to Finance and Analysis

    • Define basic financial terminology.
    • Identify the various stakeholders in the health care payer system.
    • Analyze the economic trends of the health care payment system.
    • Assess the role of ethics and compliance in the health care finance environment.
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    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.