Course Information
Line Number 1517030
Course Name HMP703 - Healthcare Economics And Finance
Course Description
This course introduces the students to the subjects of economics and financial management in healthcare organizations. It gives students a basic understanding of economics as it applies to consumer, producer, and government behavior in healthcare markets. Emphasis will be placed on issues relevant to managers of healthcare delivery organizations. It focuses on the functional role of the healthcare finance manager and the basic tools of healthcare financial decision-making. It focuses on the functional role of the healthcare finance manager and the basic tools of healthcare financial decision-making. Topics include strategic financial planning, principles of accounting, analyzing financial statements, cost concepts, and their relations to decision-making and management control processes.