CLM 455 - FINANCIAL MANAGEMENT OF HEALTHCARE ORGANIZATIONS

College of Health Sciences

Credit(s): 4

This course examines the current system of healthcare financing and factors affecting it. Topics covered include exploration and analysis of budgetary concepts, financial management, cost accounting and management under rate control and competition, as well as differences between the goods and service industries within the healthcare context. The pros and cons of a single payer system are also considered. Spreadsheet software will be used to develop budgets, business proposals, and other select applications in the financial management of healthcare organizations. Completion of ACC 201 Financial Accounting or equivalent is recommended but not required.

Prereq: CLM 325 or equivalent or permission of instructor.
Approved for Distance Learning.