Description
HSP 3020 Economics and Finance in Healthcare
This course explores economic and financial theories, trends, and issues as they affect contemporary professional healthcare practice. The course is designed to provide the student with the knowledge and skills to understand how economic and financial systems apply to health assessment. It will provide an overview of the health system in the United States as well as a comparison to other systems such as Canada, United Kingdom and Europe. It will cover basic and applied principles of finance to the healthcare industry including insurance reimbursement, government programs, private pay, employer, employee, and individual burden. Students will also learn how to develop and manage a budget including forecasting and reporting.
Credits
3