Introduction to Healthcare Accounting from Coursera

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Syllabus

Introduction to Healthcare Financial Accounting

This week provides an introduction to healthcare financial accounting. The learning objectives are: (1) define the term financial accounting; (2) describe the unique characteristics of the healthcare industry that impact the work of financial accountants; and (3)summarize the basic principles applied by financial accountants when they prepare the financial statements.

Financial Statements Part 1

This week, we'll continue our discussion of the financial statements. The learning objectives are: (1) explain the purpose and content of the balance sheet; and (2) explain the purpose and content of the statement of operations.

Financial Statements Part 2

This week we'll continue our discussion of the financial statements. There are three learning objectives: (1) explain the purpose and contents of the statement of changes in net assets; (2) explain the purpose and contents of the statement of cash flows; and (3) use the notes to complement the information provided in the financial statements of a health care organization.

Evaluating Financial Performance

This week, we will wrap up our introduction to healthcare, financial accounting by exploring how we can use the information provided in the financial statements to evaluate the financial position and performance of a health care organization. There are three learning objectives: (1) describe the three primary techniques used in financial statement analysis; (2) compute key financial ratios to assess the profitability, liquidity, capital structure and efficiency of a healthcare organization; and (3) develop recommendations to improve the financial performance of a health organization, based on the results of your financial statement analysis.

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Introduces learners to healthcare financial accounting, a topic essential for working in healthcare organizations

Taught by instructors specializing in the subject of healthcare accounting

Provides an overview of the financial statements, including the balance sheet, statement of operations, and statement of cash flows

Suitable for beginners in healthcare accounting

Suitable for intermediate learners

Teaches learners how to evaluate the financial performance of a healthcare organization, including financial ratio analysis

Develops recommendations for improving a healthcare organization's financial performance

Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Introduction to Healthcare Accounting with these activities:

Review Healthcare Accounting Basics

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Refreshing your knowledge of healthcare accounting principles will help you better understand the course content and apply it to real-world scenarios.

Browse courses on Healthcare Accounting

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Re-read your old textbooks or notes on healthcare accounting.
Review online resources such as articles, blog posts, or videos on healthcare accounting.
Take a practice quiz or exam to test your knowledge.

Practice Financial Analysis Techniques

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Practicing financial analysis techniques will help you sharpen your skills and improve your ability to evaluate financial performance.

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Review the different types of financial analysis techniques.
Analyze financial data from a healthcare organization.
Write a report summarizing your findings.

Attend a Healthcare Finance Workshop

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Attending a healthcare finance workshop will provide you with practical insights and up-to-date knowledge in the field.

Browse courses on Healthcare Finance

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Identify a healthcare finance workshop that aligns with your interests.
Register for the workshop.
Attend the workshop and participate in the activities.

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Analyze Healthcare Financial Statements

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By analyzing healthcare financial statements, you will develop a deeper understanding of how healthcare organizations operate and make financial decisions.

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Gather financial statements from a healthcare organization.
Calculate key financial ratios and metrics.
Identify trends and patterns in the financial data.
Write a report summarizing your findings.

Explore Modernization of Healthcare Facilities

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By exploring the modernization of healthcare facilities, you will gain insights into the latest trends and innovations in healthcare delivery.

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Research online resources on the modernization of healthcare facilities.
Attend a webinar or conference on healthcare facility modernization.
Visit a healthcare facility that has recently undergone modernization.

Develop a Financial Plan for a Healthcare Organization

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Creating a financial plan will help you develop a comprehensive understanding of the financial management of healthcare organizations.

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Analyze the organization's financial data.
Identify financial goals and objectives.
Develop strategies to achieve financial goals.
Create a financial budget.
Monitor and evaluate the financial plan.

Contribute to an Open-Source Healthcare Accounting Project

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Contribute to an open-source healthcare accounting project will provide you with hands-on experience in applying the concepts covered in the course.

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Identify an open-source healthcare accounting project to contribute to.
Review the project's documentation and code.
Make a contribution to the project.
Submit your changes for review.

Develop a Case Study on Healthcare Financial Management

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Developing a case study will challenge you to apply the concepts covered in the course to a real-world scenario.

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Identify a real-world healthcare financial management scenario.
Research the scenario and gather data.
Analyze the data and develop a case study.
Present your case study to the class.

Career center

Learners who complete Introduction to Healthcare Accounting will develop knowledge and skills that may be useful to these careers:

Healthcare Financial Analyst

Healthcare Financial Analysts play a key role in the financial health of healthcare organizations. This course provides a solid foundation for understanding healthcare financial accounting, which is essential for success in this role. Graduates will be able to use the skills and knowledge gained in this course to analyze financial data, develop financial plans, and make sound financial decisions.

See salaries and explore the career path for Healthcare Financial Analyst

Healthcare Accountant

Healthcare Accountants are responsible for managing the financial affairs of healthcare organizations. This course provides a comprehensive overview of healthcare financial accounting, including the unique challenges and considerations that impact the industry. Graduates will be well-equipped to handle the financial responsibilities of healthcare organizations.

See salaries and explore the career path for Healthcare Accountant

Healthcare Administrator

Healthcare Administrators oversee the operations of healthcare organizations, including financial management. This course provides a strong foundation in healthcare financial accounting, which is essential for success in this role. Graduates will be able to use the skills and knowledge gained in this course to make informed decisions about the financial operations of healthcare organizations.

See salaries and explore the career path for Healthcare Administrator

Healthcare Consultant

Healthcare Consultants provide advice and guidance to healthcare organizations on a variety of topics, including financial management. This course provides a comprehensive overview of healthcare financial accounting, which is essential for success in this role. Graduates will be able to use the skills and knowledge gained in this course to provide valuable insights to healthcare organizations.

See salaries and explore the career path for Healthcare Consultant

Healthcare Auditor

Healthcare Auditors are responsible for ensuring that healthcare organizations are operating in accordance with financial regulations. This course provides a solid foundation in healthcare financial accounting, which is essential for success in this role. Graduates will be able to use the skills and knowledge gained in this course to conduct effective audits of healthcare organizations.

See salaries and explore the career path for Healthcare Auditor

Healthcare Budget Analyst

Healthcare Budget Analysts develop and manage budgets for healthcare organizations. This course provides a solid foundation in healthcare financial accounting, which is essential for success in this role. Graduates will be able to use the skills and knowledge gained in this course to develop and manage budgets that meet the needs of healthcare organizations.

See salaries and explore the career path for Healthcare Budget Analyst

Healthcare Management Consultant

Healthcare Management Consultants provide advice and guidance to healthcare organizations on a variety of topics, including financial management. This course provides a comprehensive overview of healthcare financial accounting, which is essential for success in this role. Graduates will be able to use the skills and knowledge gained in this course to provide valuable insights to healthcare organizations.

See salaries and explore the career path for Healthcare Management Consultant

Healthcare Policy Analyst

Healthcare Policy Analysts develop and analyze policies that impact the healthcare industry. This course provides a solid foundation in healthcare financial accounting, which is essential for understanding the financial implications of healthcare policies. Graduates will be able to use the skills and knowledge gained in this course to develop and analyze policies that promote the financial health of the healthcare industry.

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Healthcare Risk Manager

Healthcare Risk Managers identify and manage risks that impact healthcare organizations. This course provides a solid foundation in healthcare financial accounting, which is essential for understanding the financial implications of risks. Graduates will be able to use the skills and knowledge gained in this course to identify and manage risks that threaten the financial health of healthcare organizations.

See salaries and explore the career path for Healthcare Risk Manager

Healthcare Compliance Officer

Healthcare Compliance Officers ensure that healthcare organizations are operating in accordance with laws and regulations. This course provides a solid foundation in healthcare financial accounting, which is essential for understanding the financial implications of compliance. Graduates will be able to use the skills and knowledge gained in this course to ensure that healthcare organizations are operating in compliance with laws and regulations.

See salaries and explore the career path for Healthcare Compliance Officer

Healthcare Actuary

Healthcare Actuaries develop and analyze financial models for healthcare insurance companies. This course provides a solid foundation in healthcare financial accounting, which is essential for understanding the financial implications of insurance policies. Graduates will be able to use the skills and knowledge gained in this course to develop and analyze financial models for healthcare insurance companies.

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Healthcare Underwriter

Healthcare Underwriters assess and manage risks for healthcare insurance companies. This course provides a solid foundation in healthcare financial accounting, which is essential for understanding the financial implications of insurance policies. Graduates will be able to use the skills and knowledge gained in this course to assess and manage risks for healthcare insurance companies.

See salaries and explore the career path for Healthcare Underwriter

Healthcare Investor

Healthcare Investors invest in healthcare companies and organizations. This course provides a comprehensive overview of healthcare financial accounting, which is essential for understanding the financial performance of healthcare companies. Graduates will be able to use the skills and knowledge gained in this course to make informed investment decisions in the healthcare sector.

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Healthcare Economist

Healthcare Economists analyze the economic impact of healthcare policies and programs. This course provides a solid foundation in healthcare financial accounting, which is essential for understanding the financial implications of healthcare policies and programs. Graduates will be able to use the skills and knowledge gained in this course to analyze the economic impact of healthcare policies and programs.

See salaries and explore the career path for Healthcare Economist

Healthcare Data Analyst

Healthcare Data Analysts collect and analyze data to improve the quality and efficiency of healthcare services. This course provides a solid foundation in healthcare financial accounting, which is essential for understanding the financial implications of healthcare data. Graduates will be able to use the skills and knowledge gained in this course to collect and analyze data to improve the quality and efficiency of healthcare services.

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Introduction to Healthcare Accounting

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