HCM320 - Financial Management I

Description:
This course will provide students with a foundation in financial and managerial accounting. Students will explore concepts to enhance their financial knowledge, technical skills, and their ability to apply such skills in a working environment. Presented in this course are principles for making sound financial decisions and assessing healthcare organization’s financial performance.

Outcomes:

• Apply financial management concepts to common scenarios
• Examine financial and managerial accounting principles.
• Determine appropriate financial strategies for improving health outcomes and healthcare organizational performance.
• Explore financial data and procedures to make inform decisions.
• Demonstrate effective leadership, management, and communications skills for resolving financial healthcare matters.

Required Text(s):

Baker, J. J., & Baker, R. W. (2018). Health care finance: Basic tools for nonfinancial managers (5th ed.). Jones and Bartlett Publishers, LLC. ISBN: 9781284118216 (print), 9781284141375 (e-text).