Financial Management in Health Care for Non-Financial Managers offered by Harvard University
- Private University
3 Campuses- Estd. 1636
Financial Management in Health Care for Non-Financial Managers at Harvard University Overview
Financial Management in Health Care for Non-Financial Managers
at Harvard University
Learn financial management and control, and how to interact more effectively with finance personnel.
Mode of learning | Online |
Difficulty level | Advanced |
Course Level | UG Certificate |
Financial Management in Health Care for Non-Financial Managers at Harvard University Highlights
Financial Management in Health Care for Non-Financial Managers
at Harvard University
- Certificate of Completion
- Topics covered:Finance, Management, Public Health
Financial Management in Health Care for Non-Financial Managers at Harvard University Course details
Financial Management in Health Care for Non-Financial Managers
at Harvard University
Skills you will learn
What are the course deliverables?
- The practical application of cost accounting and management control concepts in health care
- Basic knowledge of cost accounting, including full cost and differential cost accounting
- Management control structure and processes
- Financial implications to consider when shifting from volume- to value-based care
- Successfully manage planning- and control-related activities
- Effectively interact with finance leaders in the C-suite and the Boards of your organizations
More about this course
- Despite having extensive medical expertise, physician leaders have not always developed the financial literacy needed to manage organizations and create financially sound strategies for delivering health care.
- There are many financial characteristics unique to health care that significantly enhance the importance of financial management control – and can also make it challenging to assume fiscal responsibilities. Recent shifts in U.S. health care policy towards payment structures that incent high quality and efficient care, a refocus on value-based care from volume-based care, and an increased emphasis on cost containment and quality measurement add to these challenges
- This online program will increase physician leaders’ competence in the critical area of financial management and control. Led by Harvard experts, you will benefit from a combination of learning approaches, such as case studies and interactive classroom discussions.
- Key financial concepts covered in this course include:
- Differential Costs
- Full Cost Accounting
- Management Control Structure
- You will learn methods for determining the full cost of delivering health care, examine fixed costs, variable costs, direct costs, indirect, as well as when differential costs should be used rather than full costs.
- By the end of the program, you will have the understanding and skills to more effectively manage the planning and control-related activities of your department or division. This includes the ability to interact more effectively with the finance personnel in your hospital and practice settings.
Financial Management in Health Care for Non-Financial Managers at Harvard University Curriculum
Financial Management in Health Care for Non-Financial Managers
at Harvard University
Finance, Management, Public Health
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Financial Management in Health Care for Non-Financial Managers at Harvard University Contact Information
Financial Management in Health Care for Non-Financial Managers
at Harvard University
Address
1350 Massachusetts Ave, Cambridge, Massachusetts 02138, USA
Cambridge ( Massachusetts)
Phone
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