CHSM 407 - Healthcare Financial Management
Course Description
This course assumes a basic knowledge of accounting principles. It focuses on the unique financial management features, reporting policies and analytic tools in health services organizations. It examines different types of budgets including capital and operating budgets, and fixed and variable budgets. It describes budgetary processes and tools and discusses capital expenditure plans and cash flow forecasts. Financial measurement, reporting and evaluation strategies are discussed and students learn how to use a spreadsheet, and how to compute and compare budgets and to calculate variances.Sample Course Outline
Distance Course Outline (subject to change)Notes
Online course sections are primarily asynchronous, except for the one-hour weekly live online sessions. In addition to the live sessions, you will engage in course-related activities through online tools such as announcements, discussions, and email to complement your independent learning. Note: There will be deadlines for assignment submissions, and you may be expected to participate in discussion board interactions with your peers on a regular basis.
Further details will be included in your course outline, which will be available on the first day of classes.
Your instructor may also include occasional scheduled sessions for Q&As and other discussion activities, using web conferencing tools such as Zoom and Google Meet. More details will be included in your course outline available on the first day of class.
Relevant Programs
- Health Services Management : Required Courses