Healthcare Finance and Cost Management

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Healthcare Finance and Cost Management

Instructor: EDUCBA

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10 modules

Gain insight into a topic and learn the fundamentals.

3 weeks to complete

at 10 hours a week

Flexible schedule

Learn at your own pace

10 modules

Gain insight into a topic and learn the fundamentals.

3 weeks to complete

at 10 hours a week

Flexible schedule

Learn at your own pace

What you'll learn

Apply financial management principles to budgeting, cost control, and decision-making in healthcare.
Analyze healthcare financial statements, ratios, and cost structures to improve performance.
Evaluate pricing, break-even, and audit practices to support effective hospital management.

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There are 10 modules in this course

Master financial management in healthcare and make smarter decisions with confidence.

Learn how hospitals manage costs, budgets, and financial performance effectively. This course provides a comprehensive understanding of financial management tailored specifically for healthcare settings. Learners will explore accounting fundamentals, cost structures, budgeting techniques, and financial decision-making processes used in hospitals. Through structured modules, the course covers key areas such as cost accounting, break-even analysis, pricing strategies, audit practices, and ratio analysis. It also integrates management principles and strategic planning to help learners connect finance with real-world healthcare operations. By the end of this course, learners will be able to analyze financial data, optimize costs, prepare budgets, and contribute to effective hospital management decisions. This course is ideal for healthcare professionals aiming to transition into administrative or leadership roles.

Learn core accounting principles, concepts, and financial records essential for healthcare financial management.

What's included

8 videos5 assignments

8 videosTotal 75 minutes

Accounting functions11 minutes
Main objectives & meaning of accounting principles10 minutes
Accounting Concepts10 minutes
Accounting Conventions8 minutes
Books of accounting & forms of organization10 minutes
What is Audit?10 minutes
Types and Classification of Audit8 minutes
Purpose of the Profit and loss account8 minutes

5 assignmentsTotal 70 minutes

Foundations of Accounting in Healthcare30 minutes
Understanding Accounting Basics10 minutes
Core Accounting Frameworks10 minutes
Structure of Accounting Systems10 minutes
Introduction to Auditing10 minutes

Understand financial planning, capital budgeting, and key financial decisions in healthcare organizations.

What's included

8 videos5 assignments

8 videosTotal 62 minutes

Deferred revenue expenditure8 minutes
Financial management introduction12 minutes
Elements and scope of financial management6 minutes
Capital Budgeting8 minutes
Financing decision9 minutes
importance of finance and objectives of financial management8 minutes
liquidity vs profitability3 minutes
Analysis of cost10 minutes

5 assignmentsTotal 70 minutes

Financial Statements & Core Principles30 minutes
Key Financial Concepts10 minutes
Scope of Financial Management10 minutes
Financial Decision-Making10 minutes
Balancing Financial Goals10 minutes

Explore cost elements, cost accounting objectives, and financial concepts like time value of money.

What's included

8 videos5 assignments

8 videosTotal 67 minutes

Direct labour5 minutes
Direct expence9 minutes
Cost accounting intro and objectives9 minutes
Cost accounting intro and objectives Continues7 minutes
Cost concept and cost centre9 minutes
Time value of money14 minutes
Definitions of management12 minutes
Functions of management4 minutes

5 assignmentsTotal 70 minutes

Costing Fundamentals in Healthcare30 minutes
Cost Components10 minutes
Introduction to Cost Accounting10 minutes
Cost Structures10 minutes
Management Basics10 minutes

Apply management theories and principles to improve hospital operations and efficiency.

What's included

8 videos5 assignments

8 videosTotal 83 minutes

Theories Of Management9 minutes
Fayol's Principles of Management12 minutes
Fayol's Principles of Management (Continues)10 minutes
Management Theories And Hospital Management11 minutes
Management Theories And Hospital Management (Continues)11 minutes
Planning And Why Planning Is Required11 minutes
Levels Of Planning, Time Frame Of Planning, Approaches To Planning8 minutes
Levels Of Planning, Time Frame Of Planning, Approaches To Planning (Continues)12 minutes

5 assignmentsTotal 70 minutes

Management Theories & Hospital Context30 minutes
Evolution of Management Thought10 minutes
Classical Management Principles10 minutes
Hospital Management Insights10 minutes
Planning Foundations10 minutes

Develop planning skills, understand planning processes, and apply strategic thinking in healthcare.

What's included

8 videos5 assignments

8 videosTotal 77 minutes

Planning Process9 minutes
Planning Process (Continues)9 minutes
Characteristic And Essentials Of a Good Plan7 minutes
Characteristic And Essentials Of a Good Plan (continues)9 minutes
Limitations Of Planning12 minutes
Strategic Planning12 minutes
Strategic Planning (Continues)12 minutes
Most Common Strategies7 minutes

5 assignmentsTotal 70 minutes

Strategic Planning in Healthcare30 minutes
Planning Process Deep Dive10 minutes
Building Effective Plans10 minutes
Planning Challenges10 minutes
Strategic Thinking10 minutes

Analyze cost structures, cost behavior, and cost control techniques for decision-making.

What's included

8 videos5 assignments

8 videosTotal 58 minutes

Most Common Strategies (Continues)7 minutes
Cost Accounting6 minutes
Cost Accounting (Continues)6 minutes
Concept Of Cost11 minutes
Direct Material8 minutes
Direct Expences9 minutes
Fixed And Variable Cost3 minutes
Break Even Analysis8 minutes

5 assignmentsTotal 70 minutes

Cost Accounting & Strategy30 minutes
Strategy Continuation10 minutes
Cost Accounting Essentials10 minutes
Cost Elements10 minutes
Cost Behavior10 minutes

Apply break-even analysis and cost reduction strategies to optimize healthcare operations.

What's included

8 videos5 assignments

8 videosTotal 68 minutes

Break Even Analysis (Continues)8 minutes
Examples 1 Of Break Even Analysis8 minutes
Examples 2 Of Break Even Analysis5 minutes
Examples 3 Of Break Even Analysis7 minutes
Examples 4 Of Break Even Analysis9 minutes
Break Even Point10 minutes
Break Even Point (Continues)10 minutes
Marginal Cost12 minutes

5 assignmentsTotal 90 minutes

Break-Even & Cost Control Techniques30 minutes
Break-Even Analysis Continued10 minutes
Practical Applications10 minutes
Advanced Examples10 minutes
Cost Optimization30 minutes

Understand pricing methods, cost-benefit analysis, and demand-based pricing in healthcare.

What's included

8 videos5 assignments

8 videosTotal 67 minutes

Cost Reduction9 minutes
Cost Reduction (Continues)8 minutes
Costs6 minutes
Cost Accounting And Pricing Policy12 minutes
Cost Accounting And Pricing Policy (Continues)10 minutes
Cost Benefit Analysis8 minutes
Demand Oriented Prices7 minutes
Contribution Pricing7 minutes

5 assignmentsTotal 70 minutes

Cost Management & Pricing30 minutes
Cost Reduction Strategies10 minutes
Understanding Costs10 minutes
Pricing Policies10 minutes
Pricing Approaches10 minutes

Develop budgeting skills and analyze financial performance using ratios and financial tools.

What's included

8 videos5 assignments

8 videosTotal 66 minutes

Other Factors Affecting The Cost7 minutes
Budget10 minutes
Sources Of Income6 minutes
Current Level Of Activity7 minutes
Material Cost12 minutes
Budget As a Management Tool5 minutes
Ratio Analysis12 minutes
Liquidity Ratio8 minutes

5 assignmentsTotal 70 minutes

Budgeting & Financial Analysis30 minutes
Factors Affecting Costs10 minutes
Budget Components10 minutes
Budgeting Techniques10 minutes
Ratio Analysis10 minutes

Learn auditing processes, performance evaluation, and emerging trends in healthcare finance.

What's included

13 videos5 assignments

13 videosTotal 104 minutes

Types Of Ratios10 minutes
Ratios Useful In Hospital9 minutes
Audit8 minutes
Objects Of Auditing7 minutes
Types Of Audit11 minutes
Internal Audit8 minutes
Efficiency Cum Performance Audit9 minutes
PPBS Technique7 minutes
Duties Of Finance Manager10 minutes
Objectives Of Finacial Management7 minutes
Duties Of Finance Manager (Continues)5 minutes
Future Trends7 minutes
Future Trends (Continues)7 minutes

5 assignmentsTotal 70 minutes

Auditing, Performance & Future Trends30 minutes
Financial Ratios in Healthcare10 minutes
Auditing in Healthcare10 minutes
Advanced Audit & Performance10 minutes
Financial Leadership & Future Outlook10 minutes

Instructor

EDUCBA

1,618 Courses334,775 learners

Offered by

EDUCBA

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