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Apr 19, 2024
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HCA 159 - Financial Matters in Health Care
Last Date of Approval: Fall 2021
3 Credits
Total Lecture Hours: 45
Total Lab Hours: 0
Total Clinical Hours: 0
Total Work-Based Experience Hours: 0
Course Description:
This course provides students with the general principles of the financial aspects of health care professionals. Students will be able to define financial terminology, understand budgeting and cost analysis, payment methods for services, and understand the responsibilities of financial management. Current issues of building a budget will be examined.
Prerequisites/Corequisites: None
Mode(s) of Instruction: online
Credit for Prior Learning: There are no Credit for Prior Learning opportunities for this course.
Course Fees: 8-week online students will have a per credit hour e-book fee automatically charged to their account.
Common Course Assessment(s): None
Student Learning Outcomes and Objectives:
- Define common financial terminology.
- Understand the health care budgeting process.
- Discuss cost analysis.
- Perform general accounting functions.
- Describe various reimbursement methods and payers.
- Understand the responsibilities of financial management.
- Understand different types of payment for services.
- Interpret various types of financial documents.
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