4.00 Credits
This course introduces the student to the elements of financial management concepts at the organizational level. Students will understand the evolving history of the financial management process and application at both the department and organization level. Students will become fully versed in topics such as tax status third-party payers recognition of operating revenue working capital utilization and the interface capital has on the organization�s execution of revenue cycle management. Through appropriate use and understanding of operating capital and resource allocation the student willunderstand how to strategically plan operationalize and analyze service line products resulting in a positive return on investment (ROI). This course is designed to expose students who typically do not have a background in either finance or accounting disciplines to the basic definitions concepts use of mathematical applications todetermine the positive or negative result of the organizational efforts in delivering health care.