The Health Finance specialization has two sub-specialization areas:

Health Services Financial Management

This specialization concentrates on the basic skills required to organize and interpret financial information as the basis of decision-making. Specific topics include financial and managerial accounting, financial statements, business plans, budgeting, capital planning, cost accounting, managerial control, working capital management and payment systems.

Financial managers measure the flow of funds into and out of the organization, plan for investments in buildings and new technology, and forecast future surpluses and deficits for the organization as a whole and its various departments. Financial managers work closely with accountants, administrators, computer programmers, records managers and planners whose decisions have a considerable impact on the financial status of organizations. They, in turn, rely upon the financial managers skills and advice to assist them in fulfilling their responsibilities.

Required Courses - Health Services Financial Management

HPAM-GP.2845, Advanced Health Care Payment Systems
PADM-GP.4130, Fundamentals of Accounting
HPAM-GP.4830, Health Economics: Principles
HPAM-GP.4833, Health Care Management I: Control and Organizational Design
HPAM-GP.4834, Health Care Management II: Adaptation and the Professional Manager
HPAM-GP.4840, Financial Management for Health Care Orgs - I: Financial Management and Budgeting
HPAM-GP.4841, Financial Management for Health Care Orgs - II: Capital Financing and Advanced Issues

Recommended Electives

 

Topics in Finance

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Topics in Health Policy and Management

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Capstone

All Capstone projects begin in the fall and are completed at the end of the spring semester. Full-time students who begin in the spring semester typically need 2½ years to complete their degree.

CAP-GP.3801, Capstone: Advanced Projects in Health Finance, Management, and Policy I
CAP-GP.3802, Capstone: Advanced Projects in Health Finance, Management, and Policy II

Health Care Public Finance

This specialization provides the concepts and skills needed for careers that focus on the financial aspects of health care policy and the health care delivery system. Specific topics include public expenditure analysis, social insurance programs, taxation and debt financing.

Health care public finance positions are located in government, private and nonprofit organizations. Graduates often move among positions during their careers. Examples include budget officers and analysts, consultants, finance directors, grant managers, program auditors, financial analysts, bond raters, investment bankers and bond insurance underwriters.

Required Specialization Courses

PADM-GP.2140, Public Economics and Finance
PADM-GP.2902, Multiple Regression and Intro to Econometrics
PADM-GP.4130, Fundamentals of Accounting
HPAM-GP.4830, Health Economics: Principles
HPAM-GP.4831, Health Economics: Topics in Domestic Health Policy

Recommended Electives

HPAM-GP.2836, Current Issues in Health Policy
PADM-GP.4128, Financial Statement Analysis for Healthcare and Not-for-Profit Organizations

Capstone

All Capstone projects begin in the fall and are completed at the end of the spring semester. Full-time students who begin in the spring semester typically need 2½ years to complete their degree.

CAP-GP.3801, Capstone: Advanced Projects in Health Finance, Management, and Policy I
CAP-GP.3802, Capstone: Advanced Projects in Health Finance, Management, and Policy II