This course introduces key principles of financial management and reimbursement in the health care industry. The aim is to provide an understanding of financial and reimbursement language, concepts, and processes to enhance the daily management performance of current and future leaders in health care.
Students will be offered tools to develop a working knowledge of financial statements, dashboard metrics, and industry financial issues. Students will learn reimbursement methodologies, health care compliance regulations, and tools for managing all aspects of the revenue cycle. Course modules and exercises offer insight into the development of operational budgets, understanding financial trends and variances, developing financial negotiating strategy, quantifying productivity, interpreting reimbursement analytics, ensuring compliance, understanding health care reimbursement, and managing the revenue cycle.