HA 343 - Healthcare Financial Management

Includes an overall explanation of financial accounting terminology and how it works, review of financial reports (i.e., income statements, balance sheets, budgets, subsidiary ledgers, and cost reports), and the managerial component that is necessary for everyday management in a healthcare setting. The course uses actual examples from hospitals, long-term care facilities and home health agencies, as well as case studies, to prepare students to read, analyze, understand and use financial statements and budgets. An ideal course for non-financial managers who need basic knowledge of financial management and healthcare finance, and also serves as an introductory course for those who will be more directly involved in the financial aspects of healthcare.

Prerequisites & Notes
HA 205 or LTC 210

Assignment Overview
Term-based with 12 weekly lessons and a final

Course Learning Objectives
Upon completion of this course, you should be able to do the following:

Basic accounting and financial management concepts and terminology
Financial analysis and its role in managerial decision making
Cost determination and allocation as a management tool
The role of budgets, and how to develop them, interpret them, and use them to manage more effectively
How to manage assets, make capital investment decisions, and secure capital financing

Credits: 3

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