Health Care Financial Management
Three semester hours, theory only.
This course focuses on the fiscal environment faced by the nurse executive and clinical manager in complex adaptive health systems. Application with analysis of management and finance principles used in planning, control, budgeting, risk analysis and decision-making in the development of health care programs, budget formation and organizational financial evaluation given constancy of change in the health care environment is required. Correct use of financial terminology and concepts, financial management and cost accounting, and federal, state, and private insurance rules and regulations as they apply to health services is required from nurse managers and executives. Analysis of financial management constructs given reimbursement systems mandating measureable individual (patient) and organizational outcomes, care quality, and cost containment is primary.
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