MHA 6025 - Healthcare Accounting, Economics, and Financial Management

Financial management functions and organizations; financial statement analysis; working capital management; present value analysis; capital budgeting; cost of capital; variance analysis; financing techniques; financial analysis case studies; cost allocation; capital acquisition and budgeting; pricing of services; time value analysis; reimbursement; financial risk and return; revenue cycle; financial viability; basic accounting transactions; financial report preparation; concepts of accrual vs. cash accounting; not-for-profit health care accounting; analysis of health care organization financial reports; spreadsheet use to make financial decisions; healthcare reimbursement and theory; reading and analyzing healthcare financial statements; recording transactions; analysis of cost and budgetary controls; interpretation and utilization of accounting reports and statements; auditing; provider behavior; patient access and demand; insurance; expenditures; premium rate setting; cost and utilization rates; HMO rate setting; private and public healthcare reimbursement systems under managed care; financial aspects of integration; managing resources; profitability; cost and pricing models; exploring the interaction financial, strategic, organizational policy and the external environment information on decisions; economic models of supply and demand; competition; market power; labor choices; production functions and efficiency are applied to the health sector; integrated care delivery systems; application of economic principles to the allocation of scarce resources in health care.

3 Hours Lecture
3 Credits