Northeastern University - Intro to Finance in Healthcare
- Offered byCoursera
Intro to Finance in Healthcare at Coursera Overview
Duration | 11 hours |
Total fee | Free |
Mode of learning | Online |
Official Website | Explore Free Course  |
Credential | Certificate |
Intro to Finance in Healthcare at Coursera Highlights
- Flexible deadlines Reset deadlines in accordance to your schedule.
- Shareable Certificate Earn a Certificate upon completion
- 100% online Start instantly and learn at your own schedule.
- Beginner Level
- Approx. 11 hours to complete
- English Subtitles: English
Intro to Finance in Healthcare at Coursera Course details
- This course is best suited for individuals currently in the healthcare sector, as a provider, payer, or administrator. Individuals pursuing a career change to the healthcare sector may also be interested in this course.
- In this course, you will have an opportunity to explore concepts and topics related to accounting and finance basics for healthcare organizations.
- After an introduction to the financial statements of healthcare entities, you will then learn how to read, interpret, and use a financial statement in order to understand the financial health of an organization. Your attention will be primarily focused on the Balance Sheet and Income Statement and basics surrounding revenue and expenses.
- This course will tie together the financial elements learned, to the risks facing healthcare entities, as the industry continues to evolve from the COVID 19 pandemic and its resulting impact on labor, supply chain expenses, and value-based care reimbursement models. Throughout this course, you will be given the opportunity to evaluate your understanding through engagement in course discussions, application of course concepts to a course assignment, and through completion of content quizzes along the way.
Intro to Finance in Healthcare at Coursera Curriculum
Overview of Health Market Actors
Course Introduction
Meet Your Faculty: Patrick Holland
Module Introduction
Health Market Actors: Government
Health Market Actors: Insurers and Health Plans
Health Market Actors: Employers
Health Market Actors: Pharmaceutical Industry
Funds Flow of the Healthcare System
Economic Incentives of Healthcare Market Actors
Lowering the Costs of Healthcare
The Affordable Care Act
Health Insurance Basics
Welcome to Intro to Finance in Healthcare
Providing Mayo Clinic Insights: Dennis Dahlen
Syllabus
Medicaid Expansion Assignment Preview
Funds Flow of Individuals
Funds Flow of Employers
Funds Flow of Insurers
Funds Flow of Government Programs
Example of Health Insurance Benefits Structuring
Health Coverage
Marketplace Enrollment
Resource
Summary
Question to Consider
Check Your Knowledge
Check Your Knowledge
Check Your Knowledge
Check Your Knowledge
Module Quiz
Check Your Knowledge
Overview of Financial Statements
Module Introduction
Overview of the Financial Statements
Summary of GAAP
The Balance Sheet
Overview of the Income Statement
Income Statement Practice Example
The Statement of Cash Flows
Notes to the Financial Statements
Medicaid Expansion Assignment Preview
Did You Know?
Generally Accepting Accounting Principles (GAAP)
Key Elements of the Income Statement
Accounts Payable Examples
Summary
Questions to Consider
Check Your Knowledge
Check Your Knowledge
Check Your Knowledge
Check Your Knowledge
Check Your Knowledge
Module Quiz
Revenue
How is Revenue Generated?
Reimbursement Methodologies: FFS
Capitation
Medical Coding
Mayo Clinic on Value-Based Care Models
Module Introduction
Summary
Question to Consider
Check Your Knowledge
Check Your Knowledge
Module Quiz
Expenses
Expenses
Depreciation
Operating and Non-Operating Income
Module Introduction
Impact of Depreciation Expense on Cash Flow
Summary
Congratulations
Check Your Knowledge
Check Your Knowledge
Check Your Knowledge
Module Quiz
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Student Forum
Anything you would want to ask experts?
Intro to Finance in Healthcare