Course Description
Managing the funds of any health care
business nowadays is not an easy job. The industry has been shifting in
big ways since long before the Affordable Care Act took effect.
Financial management in health care requires exceptional expertise and
rightly so this course intends to make its participants equipped to
manage the same. Be it any industry financial management includes
handling routine financial tasks, such as discussing contracts, making
cash available for expenses, and maintaining sufficient cash balances
for unforeseen costs. For example, large physician practices and
hospitals, may decide to offer expanded tests or treatments by buying
new medical equipment. This will call for efficient management of
finances to get the work done with least cost and risk. Helping to make
the choice and finding the best way to pay for it are both part of
financial management. This training will provide an overview of
financial theory and financial management principles and concepts in a
health care setting.
Career Opportunities: One can find graduate
jobs and career opportunities in financial management around the world,
in both private and public sectors. In addition, many more careers in
health care sector and in various companies or government services can
be enhanced by the distinctive perspective and ways of resolving policy
questions that extended study of financial management.
Curriculum
Accounting Concepts
Accounting Conventions
Accounting functions
Books of accounting & forms of organization
Main objectives & meaning of accounting principles
Section 1: Introduction
Section 2: Accounting Concepts
Types and Classification of Audit
What is Audit?
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