This course introduces the student to the fundamental concepts and issues related to the financial management of health care organizations. Building on previous courses in the Health Systems Management major, the student will analyze the impact of the U.S. health care payment system on both the provision of care and on managerial decision-making regarding how care is organized and delivered. The course examines the concepts of cost accounting, including activity-based costing, cost behavior, budgeting, cost/benefit, and cost-effectiveness analysis as applied to health care management. Financial concepts and reimbursement mechanisms for health providers are examined including the cost of health care in society. Examination of the impact of the uninsured on the cost of health care, along with access and quality, will be included. Reimbursement coding, coverage, and payment will be explored. The use of technology to manage data is explored. Describes how cost data can be used for decision-making.
Pre-Requisites: HSM 110 and FINC 332 or FINC 301. For SCPS: FINC 332 or CPST 371 or dept. permission required. Enrollment Requirement: Restricted to HSM Majors and Minors, SCPS students.
Pre-Requisites: HSM 110 and FINC 332 or FINC 301. For SCPS: FINC 332 or CPST 371 or dept. permission required. Enrollment Requirement: Restricted to HSM Majors and Minors, SCPS students.