HADM 6305 Healthcare Finance I
The overall focus of this course is to better understand the role of financial management in the delivery of healthcare, to better manage financial information, and to make smarter financial decisions. This course is designed to expose students to the field of financial and managerial accounting and financial management in healthcare organizations. Emphasis is placed on the skills and competencies necessary for effective health services financial management and accounting as well as the functions performed by, and roles required of, middle level managers. The course will cover the basic principles, concepts, and methods used in the generation of accounting data for financial statement preparation and interpretation; asset, liability, and owner’s equity valuation and their relationship to income determination; using accounting information in organizations for planning, leading, controlling and decision-making; volume-cost-profit analysis, budgeting and cost/revenue variance analysis and decision-making; cost management, apportioning methods and break even analysis.