Healthcare’s future calls for great strategy and greater integrity
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This course introduces students to the generally accepted concepts, principles, and practices of accounting. Topics include debit and credit transaction analysis, preparation of financial statements, analysis of balance sheet accounts, and concepts of the management of accounts. (Fall, Summer)
Prerequisites: ACCT 220.
ACCT 221 is the second part of the two-sequence introductory accounting course. The first part of the course, which completes the financial aspect of accounting introduced in ACCT 220, covers the basics of the corporate form of business entity and accounting for: stock transactions; retained earnings and dividend distribution; long-term liabilities; statement of cash flows; and financial statement analysis. The second half of the course covers: the basics of managerial accounting; cost-volume- profit analysis; budgetary planning, control and responsibility accounting; standard cost variance analysis; incremental analysis; and basic capital budgeting techniques. (Spring, Summer)
This course is a study of economics as it affects the national interest. Topics include total employment, output and income, inflation and recession, and the variables that influence these conditions. (Fall, Spring)
This course is a study of the decisions people make in the production, distribution, and consumption of goods and services. Topics include supply and demand, individuals and markets, market structures, and the economics of public policy. (Spring, Summer)
Prerequisites: ACCT 221, ENGL 102.
This course is a study of business finance. Topics include financial planning, forecasting, analysis of loans and investment practices, capital budgeting and risk assessment, short-term and long-term financial management, and international finance. (Fall, Summer)
This course focuses on strategic planning for healthcare organizations. Students can learn to gauge their organization’s readiness, how to develop strategies that align with their organization’s core values, and how to involve stakeholders in the planning process. Students also can learn how to collect and analyze data to identify areas in need of improvement.
This course is a review of research designs and scientific methods of research, including concepts of validity, reliability, and standardization leading to the systematic evaluation and application of evidence-based research. It covers qualitative and quantitative data analyses, including one-sample, correlation and regression, analysis of variance and covariance, factorial and multivariate, and nonparametric methodologies relevant to healthcare. The utilization of scientific evidence through scholarly inquiry to improve business, as well as clinical processes and ultimately patient outcome, is emphasized.
The course addresses the mission and practices of faith-based healthcare. A wide range of assignments and readings, biblical and elsewhere, provide the healthcare provider in training with a broader understanding of the spiritual dimensions of healthcare. Topics include human identity as “the image of God” and “child of God,” spirituality across faith traditions, compassionate whole person care, and aspects of bioethics related to human dignity, autonomy, and beneficence.
This course addresses the marketing concepts in healthcare through discussions of marketing strategy, positioning and branding, program/service development, and pricing, as well as distribution and promotion. Students will learn how to conduct a situational analysis, understand the marketing and consumer behavior, and assess an organization’s capabilities.
This course places emphasis on the biblical perspective of servant leadership in the use of authority. Issues pursued include the recognition of boundaries in personal relations within the workplace and balancing role fidelity with personal integrity.
This course explores various leadership theories. It focuses on leadership’s role and responsibilities in the maintenance and improvement of productivity, quality, and the competitive position of the enterprise. Critical issues such as employee motivation, interpersonal perception, communication, accommodation of the individual to the organization, individual career development, organizational impact on individual and group work behavior through design of work, and methods of evaluation and rewarding work effectiveness are explored. Students will assess their personal leadership styles. The areas of individual behavior, informal and formal organizational structure, and group dynamics will be related to leadership style and effectiveness in managing change. Students will also critically examine and learn conflict resolution skills.
This course builds on a business-management approach to the development and use of accounting information, focusing on internal reporting, planning operations, policy formation, and decision-making in healthcare organizations. Topics include cost classification, cost behavior, C-V- P analysis, cost allocation, analysis for tactical decision-making, cash and operating budgets, capital budgeting, and performance measurements and evaluation, including variance analysis and responsibility accounting.
This course reviews the U.S. healthcare system, both public and private sectors, and examines the structure of the health system, current topics in healthcare reform, the policy process, and advocacy for public health. It aims to develop a general managerial perspective on the role of operations management in the function of a healthcare organization at both the tactical and strategic levels, how their services are carried out, how resources are managed, and how regulatory powers are complied with and/or managed.
The course builds on financial management with emphasis in healthcare organizations, healthcare payment systems, financing and investment decisions, financial planning, analysis, and control. Students will use a variety of analytical procedures to assess the financial condition and performance in healthcare organizations. Topics include: third-party payer system; time value of money; financial risk management and required return; debt, equity, and lease financing; cost of capital and capital structure; capital budgeting and risk analysis; financial condition analysis and forecasting; working capital management; capitation; risk sharing; pay for performance; and consumer-directed health plans.
This course bridges the gap between traditional economics and business decision-making by demonstrating how economic concepts, principles, and theories can be used to illuminate various healthcare issues. Students evaluate a theoretical or empirical argument relating to healthcare by conducting an in-depth analysis of the structure, conduct, and performance of the markets for physician, hospital, pharmaceutical, and long-term care services. The course will include demand theory and estimation, production theory, cost analysis, market structure, pricing policies, and business investment decisions. It uses economic concepts and tools to examine a range of issues pertaining to healthcare and the delivery of healthcare services. It also includes demand analysis, production of health services, expenditure growth, markets for hospital and physician services, and externalities. There is an emphasis on using economics to examine issues and solve problems at an executive level.
This course provides the student with a conceptual framework for database development, relational data management, use of health statistics, health indicators, confidentiality, security, and privacy in a healthcare setting. Meaningful case studies are considered to help take aim at today’s challenges while laying the groundwork for the changes ahead.
This course will provide students with training in the measurement, analysis, method, language, models, and concepts of population health. It clarifies how an understanding of determinants of health can influence public policy, planning, and research to promote a healthier society with greater health equity. By the end of the course, students should understand the relationship between healthcare and individual and population health, and be able to combine that knowledge with critical thinking to identify, evaluate, and address issues in healthcare and population health collaboratively. Students should be able to apply statistical and epidemiological methods to clinical and managerial decision-making and to interpreting and appraising the literature on healthcare delivery, They should be able to analyze the forces, explicit (e.g. legal, financial) and implicit (e.g. historical, cultural) that influence individual and population health and healthcare delivery. Students will demonstrate the structure and function of front line systems in healthcare and apply principles and practices that improve processes, outcomes, and value.
This course will expose the students to the principles of business ethics as well as understanding ethical dilemmas. In the process of reviewing these general principles, students will consider and develop their own prioritized value that would apply to their anticipated work in healthcare organizations. Students can also learn about the legislative, regulatory, and policy issues related to the management and provision of healthcare. Students can explore in-depth issues such as cost and value in healthcare, and modes of financing within various healthcare systems. Moreover, students can learn the elements of corporation, agency, and administrative law that influence the healthcare industry. This course can help students gain a better understanding of the sociopolitical forces that impact the formation, adaptation, regulation, and maintenance of healthcare.