hcs571 | Graduate
Financial Resource Management
This graduate-level course is 6 This course is available as part of a degree or certificate program. To enroll, speak with an Enrollment Representative.
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Financial, Accounting, and Economic Principles
- Explain the relationship between financial information and decision making for health care organizations.
- Describe the financial and economic environment of health care organizations.
- Define generally accepted accounting principles as related to health care organizations.
- Assess financial performance of a health care organization.
- Explain the valuation process of assets, depreciation, and inventory.
- Perform a ratio analysis.
- Perform a cost variance analysis.
- Determine strategies for control of budgets.
- Analyze benchmarking techniques.
Financial Management Methods
- Describe methods of assessing service line productivity.
- Create a budget forecast for a health care service line.
- Explain the capital project process.
Compliance and Risk Management
- Explain management roles and responsibilities in compliance and risk management.
- Analyze financial risk factors in health service and education organizations.
- Analyze risk avoidance and reduction strategies.
Future Trends and Issues
- Describe trends in health care payer systems.
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