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312.623.20 Financial Management in Health Care I

Department:
Health Policy and Management
Term:
1st term
Credits:
3 credits
Academic Year:
2019 - 2020
Location:
East Baltimore
Dates:
Thu 10/03/2019 - Sat 10/05/2019
Class Times:
  • Th F Sa,  8:30am - 5:20pm
Auditors Allowed:
No
Grading Restriction:
Letter Grade or Pass/Fail
Contact:
Judith Holzer
Course Instructor:
  • John W. K. Ellis
Resources:
Description:

Healthcare Financial Management is a broad based course that covers topics utilized by a senior level executive in the day-to-day management of healthcare organizations. The subject matter will be covered from a perspective of understanding the theory and practical application of the concepts rather than the actual preparation of financial transactions.

Provides opportunities for students to apply knowledge of accounting, budgeting and financial management in a real world setting, emphasizing analysis and decision-making; applies in a broad range of healthcare settings, including the pharmaceutical, insurance, consulting and for-profit industries. Presents a “big picture” approach rather than micromanagement.

Learning Objectives:

Upon successfully completing this course, students will be able to:

  1. Identify the complexities and challenges of financing a healthcare business
  2. Interpret the economic performance of the organization based on its financial statement
  3. Develop operating plans as a result of financial trends and results
  4. Present clear and concise conclusions and recommendations through oral presentation for action to a Board of Directors
  5. Analyze the financial viability of a new business venture and how it contributes to the mission of the organization
  6. Prepare business plans based upon multiple data points and business trends
  7. Develop framework to measure and monitor organizational performance
  8. Demonstrate teamwork skills within a work team resulting in a completed case study
Methods of Assessment:

Team case preparation (50%); team case presentation (30%); class participation (10%); peer review (10%)

Enrollment Restriction:

Part-time DrPH students in the Tsinghua cohort only

Instructor Consent:

Consent required for all students

Consent Note:

enrollment restricted to students in the Tsinghua DrPH cohort only

For consent, contact:

judith.holzer@jhu.edu

Special Comments:

This course will be offered over a 3-day period in Baltimore. Students are required to complete assignments prior to the start of class.