Healthcare Financial Management
Issued by
American Sentinel College of Nursing & Health Sciences at Post University
The holder of this badge has successfully completed a graduate-level course in Healthcare Financial Management. To pass this course, students must demonstrate competency in the most commonly-used tools, processes, and techniques employed by financial managers in a healthcare environment.
- Type Validation
- Level Intermediate
- Time Weeks
- Cost Paid
Skills
Earning Criteria
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Relate the purpose of healthcare financial management to the purpose of the organization and the value of healthcare financial management to management functions.
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Apply quality assessment to healthcare financial management, identify the key financial managers, and examine healthcare reform.
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Explain major components of financial statements, principles in preparing good financial reports, and tax-exempt status.
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Describe and examine methods of RVU, classifying cost, allocating cost, and assembling cost.
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Analyze distinctions among HMO’s, PPO’s, Defined-Contribution Plans, Direct Contracting, Consumer-Driven Plans, and High-Deductible Plans.
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Understand the history and cost methods of Medicare and Medicaid.
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Identify and explain the importance of working capital, revenue cycle, strategic/operational planning, and budgeting.
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Successfully complete all learning activities, assignments, and assessments required in the graduate-level course MBA530 – Health Care Financial Management (3 credits).