MHDS 600 - Essentials of Financial Management

3 Credit Hours
Cross-listed: DHSC 800

This course covers financial management in healthcare organizations including, but not limited to, financial decision-making using accounting information, operation of business units, principles of economics and capital budgeting processes along with budgetary and financial controls. Financial performance will be analyzed along with revenue determination and profitability. General accounting foundations and terminology will be covered. Students will analyze “real-life” cases to apply cost allocation, marginal cost pricing, breakeven, budget variance, capital investment and financial analysis skills. Students will also identify and explore a healthcare finance-related topic and prepare a research paper.