Overview
What you will study
Within the Financial Management in Health Care for Non-Financial Managers course offered by Harvard University , you will develop an understanding in the following critical areas:
- 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
By developing financial literacy taught in this course, you will be better able to:
- Successfully manage planning- and control-related activities
- Effectively interact with finance leaders in the C-suite and the Boards of your organizations
- Respond and manage cost containment with shrinking resources
- Lead your own division and/or department in developing and practicing financially responsible approaches in health care delivery
Programme Structure
The program focuses on:
- Differential Costs
- Full Cost Accounting
- Management Control Structure
- Methods for determining the full cost of delivering health care
- Fixed costs
- Variable costs
- Direct costs and indirect
- When differential costs should be used rather than full costs
Key information
Start dates & application deadlines
Language
Credits
- 1.2 Continuing Education Units (CEUs)
Delivered
Disciplines
Financial Management View 25 other Short Courses in Financial Management in United StatesAcademic requirements
We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.
English requirements
We are not aware of any English requirements for this programme.
Other requirements
General requirements
This program has been specifically designed for physicians holding management-level positions in the United States or Canada.
Current or recent past experience would include:
- Managing a substantial budget and/or profit and loss (P&L) responsibility
- Managing other physicians, other patient care service managers/leaders, and administrative staff
- Leading/managing a substantial program such as Quality & Safety, Clinical Service Line, The Patient Experience