This course prepares the graduate student to develop a framework for understanding key issues in financial management in health care from two perspectives. First, the course explores the relationship between the national economic environment and the financial context for current models of health care delivery. Second the course introduces a variety of fiscal concepts and techniques as applied to nursing and healthcare administration. Emphasis is placed on the way cost data influences operational decision making in healthcare administrative practice.
Outcomes: Upon successful completion of the course, the student will: 1) Analyze the impact of political, social and economic factors on the cost of patient care delivery; 2) Examine cost behavior concepts as they relate to nursing and other health care models in healthcare organizations; 3) Apply cost accounting techniques in health care; 4) Analyze ethical and legal issues surrounding fiscal management.
Outcomes: Upon successful completion of the course, the student will: 1) Analyze the impact of political, social and economic factors on the cost of patient care delivery; 2) Examine cost behavior concepts as they relate to nursing and other health care models in healthcare organizations; 3) Apply cost accounting techniques in health care; 4) Analyze ethical and legal issues surrounding fiscal management.