Associate Professor of Health Management and Policy
Introduction to Healthcare Accounting
What You'll Learn
- Develop an understanding of basic financial accounting concepts and principles.
- Explain the format and use of the financial statements for healthcare organizations.
- Apply basic financial statement analysis techniques to evaluate the financial condition and performance of healthcare organizations.
4 Modules
16 Hours
4 hrs per module (approx.)
Rating
About Introduction to Healthcare Accounting
To remain sustainable, it's crucial for healthcare organizations to effectively manage their finances. In Introduction to Healthcare Accounting, you’ll learn how to understand and manage hospital finances. This includes the cost of patient care, major payers and reimbursements, resource efficiency, and the modernization of facilities. Hands-on course assessments will allow you to apply financial analysis to gain a deeper understanding of institutional revenues and balances, so that you can make informed decisions for your institution. With this course, you’ll emerge with a crucial understanding of institutional finances and become a more effective leader.
Skills You'll Gain
- Accounting
- Accrual Accounting
- Basic Accounting Principles
- Cost Accounting
- Financial Analysis
- Medical Expense Performance Reporting Systems
What You'll Earn
- Certificate of Completion:
- Certificates of completion acknowledge knowledge acquired upon completion of a non-credit course or program.
Welcome Message
Welcome to Introduction to Healthcare Accounting, the second course in the Healthcare Management and Finance series. This course introduces core financial accounting concepts with a focus on healthcare organizations. You will learn how to read and interpret financial statements, understand industry-specific accounting practices, and apply basic financial analysis techniques to evaluate organizational performance, helping you become a more informed and confident user of healthcare financial information.
This abbreviated syllabus description was created with the help of AI tools and reviewed by staff. The full syllabus is available to those who enroll in the course.
Course Schedule
Module 1: Introduction to Healthcare Financial Accounting
- Video: Welcome to the Introduction to Healthcare Accounting
- Reading: Meet Your Instructor
- Reading: Course Syllabus
- Reading: Pre-Course Survey
- Video: Week 1 Overview
- Reading: Week 1 Instructions
- Video: Introduction to Financial Accounting and the Financial Statements
- Graded Assignment: Quiz 1-1
- Video: Generally Accepted Accounting Principles
- Graded Assignment: Quiz 1-2
- Reading: Unique Characteristics of the Healthcare Industry
- Reading: Quiz 1-3 Materials
- Graded Assignment: Quiz 1-3
- Reading: Assignment 1 Materials
- Reading: Optional Supplemental Readings
- Graded: Week 1 Graded Assessment
Module 2: Financial Statements Part 1
- Video: Week 2 Overview
- Reading: Week 2 Instructions
- Video: Balance sheet: Assets
- Video: Balance Sheet: Liabilities and Net Assets
- Reading: The Balance Sheet
- Reading: Review Question (Interactive version)
- Graded Assignment: Review Question (Plain text version)
- Graded Assignment: Quiz 2-1
- Video: Statement of Operations: Revenues
- Video: Statement of Operations: Expenses and Profit
- Reading: The Statement of Operations
- Graded Assignment: Quiz 2-2
- Video: Accounting for Depreciation
- Graded Assignment: Quiz 2-3
- Reading: Assignment 2 Material
- Reading: Optional Supplemental Readings
- Graded: Week 2 Graded Assessment
Module 3: Financial Statements Part 2
- Video: Week 3 Overview
- Reading: Week 3 Instructions
- Video: Statement of Changes in Net Assets
- Reading: Statement of Changes in Net Assets
- Graded Assignment: Review Question
- Graded Assignment: Quiz 3-1
- Video: Statement of Cash Flows
- Reading: Statement of Cash Flows
- Graded Assignment: Review Question
- Graded Assignment: Quiz 3-2
- Video: Notes to the Financial Statements
- Reading: Notes to the Financial Statements
- Graded Assignment: Quiz 3-3
- Reading: Assignment 3 Material
- Reading: Optional Supplemental Readings
- Graded: Week 3 Graded Assessment
Module 4: Evaluating Financial Performance
- Video: Week 4 Overview
- Reading: Week 4 Instructions
- Video: Financial Statement Analysis Part 1
- Graded Assignment: Quiz 4-1
- Video: Financial Statement Analysis Part 2
- Video: Financial Statement Analysis Part 3
- Graded Assignment: Quiz 4-2
- Video: Financial Statement Analysis part 4
- Video: Financial Statement Analysis Part 5
- Video: Financial Statement Analysis Part 6
- Reading: Financial Ratios
- Graded Assignment: Review Question
- Graded Assignment: Quiz 4-3
- Reading: Assignment 4 Material
- Reading: Optional Supplemental Readings
- Reading: Post-Course Survey
- Graded: Week 4 Graded Assessment
Grading Policy
Learners must earn an overall course grade of 80% to pass. Ungraded practice quizzes are available each week for skill-building, while graded weekly assessments determine the final grade, with each of the four graded assessments worth 25% of your total grade.
Beginner Level
No prior experience required
