Course

Course Summary

Credit Type:

Course

ACE ID:

SDCM-0208

Organization's ID:

Health 305

Organization:

Study.com, LLC

Location:

Online

Length:

Self-Paced. 20 weeks (40 hours)

Dates Offered:

Credit Recommendation & Competencies

Level	Credits (SH)	Subject
Upper-Division Baccalaureate	3	Healthcare Finance & Budgeting

Description

Objective:

The course objective is to describe and analyze healthcare system finance and budgeting. The course covers various processes of healthcare financial management on individual and organizational level.

Learning Outcomes:

Identify types of healthcare organizations and describe various organizational structures.
Define healthcare compliance, identify fraud and abuse laws, and differentiate between error and fraud in financial reporting.
Identify types of health insurance and reimbursement methods and apply strategies to transition to value-based reimbursement.
Describe financial, receivable, cash, and supply chain management activities in healthcare organizations.
Identify and analyze components of financial statements.
Apply financial ration analysis and benchmarking procedures.
Classify capital projects and develop operating budgets for healthcare organizations.
Conduct various analyses to assess and manage risk in healthcare organizations.
Apply forecasting techniques to determine staffing requirements and accurately compute full-time equivalents (FTEs) and prevailing wages in a healthcare finance context.
Define healthcare finance and identify the role of financial reporting, management, and budgeting in healthcare organizations.