Course Name | Financial Management for Healthcare Institutions |
Code | Semester | Theory (hour/week) | Application/Lab (hour/week) | Local Credits | ECTS |
---|---|---|---|---|---|
HIM 301 | Fall | 3 | 0 | 3 | 6 |
Prerequisites | None | |||||
Course Language | English | |||||
Course Type | Required | |||||
Course Level | - | |||||
Mode of Delivery | - | |||||
Teaching Methods and Techniques of the Course | ||||||
Course Coordinator | - | |||||
Course Lecturer(s) | ||||||
Assistant(s) | - |
Course Objectives | The aim of the course is to explain the basic principles and techniques of financial management in healthcare organizations, and analysing the finance policies in these organizations. At the end of the course the students are expected to have information about the financial decision techniques and to apply these techniques in healthcare institutions. |
Learning Outcomes | The students who succeeded in this course;
|
Course Description | The objectives of finance function in healthcare organizations and the basic principles of finance, types of financial decisions, financial analysis techniques, raising capital, working capital management, optimal capital structure and cost of capital, financial risk management. |
Related Sustainable Development Goals | |
| Core Courses | X |
Major Area Courses | ||
Supportive Courses | ||
Media and Managment Skills Courses | ||
Transferable Skill Courses |
Week | Subjects | Required Materials |
1 | Overview of Financial Management and Healthcare Industry | |
2 | Accounting and Financial Management Process in Healtcare Ins. | The course notes and references provided by the instructor |
3 | Basic Financial Statements of Healtcare Ins. | The course notes and references provided by the instructor |
4 | Financial Statements Analysis | The course notes and references provided by the instructor |
5 | Financial Planning Process | The course notes and references provided by the instructor |
6 | Budgeting in Healthcare Institutions | The course notes and references provided by the instructor |
7 | Midterm | |
8 | Revenue Cycle Management | The course notes and references provided by the instructor |
9 | Working Capital Management | The course notes and references provided by the instructor |
10 | Cash Management | The course notes and references provided by the instructor |
11 | Investing, Borrowing and Time Value of Money | The course notes and references provided by the instructor |
12 | Cost of Capital | The course notes and references provided by the instructor |
13 | Capital Budgeting Decisions | The course notes and references provided by the instructor |
14 | Capital Structure in Healthcare Organizations | The course notes and references provided by the instructor |
15 | Risk Management | The course notes and references provided by the instructor |
16 | Final Exam |
Course Notes/Textbooks | |
Suggested Readings/Materials | Harrison, Carlene, William P. Harrison (2013), Introduction to Healthcare Finance and Accounting, International Edition, Cengage Learning |
Semester Activities | Number | Weigthing |
Participation | 1 | 10 |
Laboratory / Application | ||
Field Work | ||
Quizzes / Studio Critiques | 3 | 15 |
Portfolio | ||
Homework / Assignments | 1 | 20 |
Presentation / Jury | ||
Project | ||
Seminar / Workshop | ||
Oral Exam | ||
Midterm | 1 | 25 |
Final Exam | 1 | 30 |
Total |
Weighting of Semester Activities on the Final Grade | 6 | 70 |
Weighting of End-of-Semester Activities on the Final Grade | 1 | 30 |
Total |
Semester Activities | Number | Duration (Hours) | Workload |
---|---|---|---|
Course Hours (Including exam week: 16 x total hours) | 16 | 3 | 48 |
Laboratory / Application Hours (Including exam week: 16 x total hours) | 16 | ||
Study Hours Out of Class | 0 | ||
Field Work | |||
Quizzes / Studio Critiques | 3 | ||
Portfolio | |||
Homework / Assignments | 5 | 10 | |
Presentation / Jury | 10 | ||
Project | 1 | 20 | |
Seminar / Workshop | |||
Oral Exam | |||
Midterms | 1 | 15 | |
Final Exams | 1 | 22 | |
Total | 155 |
# | Program Competencies/Outcomes | * Contribution Level | |||||
1 | 2 | 3 | 4 | 5 | |||
1 | To be able to acquire and use theoretical and practical knowledge in the field of health management. | X | |||||
2 | To be able to create and use new information by integrating information in the field of health management with information from different disciplines | X | |||||
3 |
| X | |||||
4 |
| X | |||||
5 |
| X | |||||
6 |
| X | |||||
7 |
| X | |||||
8 |
| X | |||||
9 |
| X | |||||
10 |
| X | |||||
11 |
| X | |||||
12 |
| X | |||||
13 |
| X |
*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest