Healthcare Finance
To save and improve lives, healthcare organizations must be financially strong—because healthcare is a business like any other. In this course, you’ll learn how to develop financial strategies that not only keep healthcare businesses viable but also support ethical, high-quality patient care. From mastering budgeting to optimizing revenue cycles and ensuring compliance, you’ll gain the expertise to help healthcare organizations thrive and impact patient care. Learn more at rize.pub/HADMN-5.
Course Topics
Healthcare Financial Foundations
The basics of budgeting, managing costs, and ensuring efficient use of resources in healthcare organizations.
Budgeting and Financial Planning in Healthcare
Creating and managing healthcare budgets to ensure operational efficiency and patient care priorities.
Cost Control and Cost-Benefit Analysis in Healthcare Settings
Implementing cost-saving measures and evaluating the financial impact of medical procedures and services.
Cost Allocation and Resource Utilization in Healthcare Organizations
Allocating costs efficiently across departments and ensuring optimal resource use.
Revenue and Payment Systems
How healthcare organizations earn revenue, including billing, reimbursement systems, and negotiating contracts with insurers and vendors.
Revenue Cycle Management and Healthcare Payment Systems
Streamlining billing, insurance reimbursement, and payment collection processes to optimize revenue.
Healthcare Reimbursement Systems and Payment Models
Exploring Medicare, Medicaid, and private insurer reimbursement systems and their financial impact.
Contract Negotiation with Vendors and Insurers
Developing negotiation strategies to manage relationships with healthcare vendors and insurance companies.
Financial Analysis and Decision-Making
Analyzing financial data, evaluating service profitability, and making strategic investment decisions for long-term growth.
Financial Reporting and Analysis for Healthcare Administrators
Understanding financial statements and key performance indicators (KPIs) to guide decision-making.
Service Line Profitability and Patient Volume Analysis
Analyzing which healthcare services are most profitable and understanding patient volume trends.
Capital Budgeting and Investment Decisions in Healthcare
Evaluating major investments like new technology, facility expansion, or equipment purchases for long-term growth.
Regulatory Compliance and Risk Management
Ensuring compliance with regulations, managing financial risks, and balancing ethical considerations with financial sustainability.
Regulatory Compliance and Financial Audits in Healthcare
Ensuring compliance with regulations such as HIPAA and ACA, and preparing for financial audits.
Risk Management and Financial Forecasting in Healthcare
Assessing financial risks, forecasting future financial performance, and preparing for potential challenges.
Ethical Stewardship of Financial Resources in Healthcare
Balancing financial sustainability with ethical considerations, patient care, and community impact.
Long-Term Financial Health
Managing debt, fundraising, and making major investment decisions for long-term financial health and growth.
Debt Management and Fundraising for Healthcare Facilities
Managing healthcare debt, fundraising efforts, and capital structure to support long-term financial health.
Capital Budgeting and Investment Decisions in Healthcare
Evaluating long-term growth opportunities through major investments like technology and facilities expansion.
300
Disclosure
This course is delivered online through an institution of the Lower Cost Models Consortium (LCMC) that is different than your degree-granting institution that awards the academic credit for the course.
