Apr 23, 2024  
2022-2023 Catalog SVC 
    
2022-2023 Catalog SVC [ARCHIVED CATALOG]

HCM 425 - Principles of Finance in Healthcare


Credits: (5)
Introduction to the application of financial management principles in the healthcare setting. Includes the analysis of financial statements for capital decision making and managing working capital (planning and control, equipment purchase and depreciation, budgeting) and. Review the people, processes, and technology used during each phase of the healthcare reimbursement cycle. Evaluate best practices in revenue cycle management, including coding and reimbursement to make effective management decisions.

Prerequisite: BASAM Director permission.