312.623.01
Financial Management in Health Care I
Location
East Baltimore
Term
3rd Term
Department
Health Policy and Management
Credit(s)
3
Academic Year
2025 - 2026
Instruction Method
In-person
Tuesday, 3:30 - 5:50pm
Auditors Allowed
No
Available to Undergraduate
No
Grading Restriction
Letter Grade or Pass/Fail
Course Instructor(s)
Contact Name
Frequency Schedule
Every Year
Resources
Prerequisite
312.617, 312.603
Enrollment Restriction
Enrollment restricted to MHA students only
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:
- Identify the complexities and challenges of financing a healthcare business
- Interpret the economic performance of the organization based on its financial statement
- Develop operating plans as a result of financial trends and results
- Present clear and concise conclusions and recommendations through oral presentation for action to a Board of Directors
- Analyze the financial viability of a new business venture and how it contributes to the mission of the organization
- Prepare business plans based upon multiple data points and business trends
- Develop framework to measure and monitor organizational performance
- Demonstrate teamwork skills within a work team resulting in a completed case study
Upon successfully completing this course, students will be able to:
Methods of Assessment
This course is evaluated as follows:
- 10% Peer-feedback
- 10% Participation
- 50% Team case preparation
- 30% Team case presentation