The University of Toledo

SHBE 6030: Healthcare Financial Management

Course Description:

This course provides a foundation for the knowledge of financial management theory as well as the principles and concepts required by executive for decision-making. Course is design to provide executive with the ability to understand and interpret reports created by financial experts.

Potential Learning Objectives:
Able to do the following in the context of healthcare:

1. Prepare a capital budget and make budgeting decisions
2. Explain capital structure and leverage
3. Analyze financial statements thoroughly and perform financial statement analysis including ratio analysis
4. Plan long term financing for the organization
5. Develop a healthcare business plan
6. Work with financial experts to understand the key elements of how the healthcare organization is financed

Potential Topics:

1. Capital budgeting
2. Capital structure
3. Leverage
4. Short-term financial management
   1. Working capital management
   2. Managing cash flows with delays in payment
   3. Government reimbursement for healthcare services
   4. Collections in a healthcare
5. Advanced financial statement analysis
   1. Sources and uses of financing in healthcare
   2. Cash Budgets
6. Business planning
7. Financial management for non-profit firms
8. Leasing
9. Corporate governance