Healthcare Financial Management Fundamentals

About this course

This course is the continuation of "Intro to Finance in Healthcare." If you have not yet taken the introductory course, it is recommended that you complete that course prior to this course. The foundational knowledge is carried through in this deeper dive into financial management in healthcare. In this course, you will continue to explore concepts and topics related to accounting and finance basics for healthcare organizations. You will learn how to read, interpret, and use a financial statement in order to understand the financial health of an organization. You will explore long-term financing and learn about the types of debt available to healthcare organizations. You will also be introduced to financial planning and analysis and how to best assess the financial performance of a company. You will be asked to put yourself in the position of a financial officer within a healthcare organization as you explore the complexities and challenges healthcare organizations face when managing healthcare financial decisions. Throughout this course, you will be given the opportunity to evaluate your understanding through engagement in a course project, discussions, and through completion of content quizzes along the way.

Course objectives

• to deepen understanding of accounting basics in healthcare
• to enhance skills in evaluating financial decisions within healthcare