I. Course Title: Financial Management in Healthcare
II. Course Number: HADM 760
III. Credit Hours: (3) credits
IV. Prerequisites: None
V. Course Description: Theory, concepts, and techniques used in the accounting and finance functions of healthcare organizations are examined. Students gain an understanding of the significance of finance in healthcare organizations and learn various techniques and concepts used to develop, construct, and manage finances within a healthcare system.
Content
Topical Outline:
Topics and coursework are outlined below:
Session Outline
Week/Session 1
Topic: Overview, Introductions, Course Requirements and Financial Management
Finkler, S., Calabrese, T., & Ward, D. (2019). Accounting Fundamentals for Health Care Management. 4th edition. Jones & Bartlett Learning, Burlington, MA. ISBN 978-1-284-26520-0
Readings: Chapters 1 & 4
Weekly Writing Assignment
First Collaborative Session – (via Zoom)
Assignments are due by 11:00pm on Sunday
Week/Session 2
Topic: Health Care Financial Statements and Recording Financial Information
Finkler, S., Calabrese, T., & Ward, D. (2019). Accounting Fundamentals for Health Care Management. 4th edition. Jones & Bartlett Learning, Burlington, MA. ISBN 978-1-284-26520-0
Readings: Chapters 5, 7 & 8
Weekly Writing Assignment
Assignments are due by 11:00 p.m. on Sunday
Week/Session 3
Topic: Financial Challenges
Readings: Supplemental article provided under the week 3 tab
Weekly Writing Assignment
Assignments are due by 11:00 p.m. on Sunday
Week/Session 4
Topic: Financial Statement Audits/Scandals
Finkler, S., Calabrese, T., & Ward, D. (2019). Accounting Fundamentals for Health Care Management. 4th edition. Jones & Bartlett Learning, Burlington, MA. ISBN 978-1-284-26520-0
Readings: Chapters 9, 12 & 13 and Supplemental Articles
Weekly Writing Assignment
Assignments are due by 11:00 p.m. Sunday
Week/Session 5
Topic: Health Insurance Exchanges Paper
Students will research and review current literature relating to the Affordable Care Act and proposed amendments. A 5-page paper will be generated summarizing the aspects of the changes in reimbursement and will how these changes apply to the current health care environment.
Paper due by 11:00 p.m. Sunday
Week/Session 6
Topic: Financial Transactions
Finkler, S., Calabrese, T., & Ward, D. (2019). Accounting Fundamentals for Health Care Management. 4th edition. Jones & Bartlett Learning, Burlington, MA. ISBN 978-1-284-26520-0
Readings: Chapter 2
Hospital for Healthy Living Case – Parts # 1 & 2
Weekly Writing Assignment
Second Collaborative Session – (via Zoom)
Assignments are due by 11:00 p.m. Sunday
Week/Session 7
Topic: Ratio Analysis
Finkler, S., Calabrese, T., & Ward, D. (2019). Accounting Fundamentals for Health Care Management. 4th edition. Jones & Bartlett Learning, Burlington, MA. ISBN 978-1-284-26520-0
Readings: Chapter 11 & 14
Hospital for Healthy Living Case – Parts # 3 & 4
Weekly Writing Assignment
Assignments are due by 11:00 p.m. Sunday
Week/Session 8
Topic: Cost Reporting Paper
The students will explore the various aspects of a Medicare Cost Report and become familiar with the integrated roles of both clinical and non-clinical departments in gathering information for its preparation. A 5-page paper will provide an overview of the general process, along with some of the major considerations in maximizing reimbursement for the health care facility or system.
Questions to address in this paper can include:
Why is a cost report necessary?
How does Medicare/Medicaid use the cost report?
Using the report, what types of operating decisions are made by the reporting entity?
What are the roles of managers, both clinical and non-clinical, in the preparation of a cost report?
If using charts, tables, graphs, etc. be sure to use APA formatting.
Paper due by 11:00 p.m. Sunday
Week/Session 9
Topic: Capital Structure/ Management
Finkler, S., Calabrese, T., & Ward, D. (2019). Accounting Fundamentals for Health Care Management. 4th edition. Jones & Bartlett Learning, Burlington, MA. ISBN 978-1-284-26520-0
Readings: Chapters 15, 16, & 17 and Supplemental Article provided under week 9 tab
Weekly Writing Assignment
Assignments are due by 11:00 p.m. Sunday
Week/Session 10
Topic: Final Case Study
Having completed the 4 sections of the Hospital for Healthy Living in previous weeks, the students should prepare a PowerPoint presentation of 10-12 slides detailing the solutions to the 4 questions and providing appropriate data/information. Each slide should be creative and include speaker notes/voiceover of 150-200 words minimum.
Due by midnight
Detailed Description of Conduct of Course
Course is conducted synchronously and offered in multiple formats. D2L weekly module-based assignments of readings, lectures, guest speakers, discussions, exams, case studies, presentations, group activities, and reflective learning.
Student Learning Outcomes
Assessment Measures
Students will be graded based on the assignments of readings, lectures, guest speakers, discussions, exams, case studies, presentations, group activities, video recordings, Zoom sessions, and reflective learning of the course.
Other Course Information
N/A
Review and Approval
August, 2019
March 31, 2026