Course Outline HA Financial Management for Healthcare Managers MW, 12:30-1:50

Transcription

1 Course Outline HA Financial Management for Healthcare Managers MW, 12:30-1:50 Class Day/Date 1--W/01/18 Topic: Introductions Syllabus, outline, and text Maximizing performance in HA 3376 Statistics, Economics, and Accounting Describe faculty expectations of students. Review statistics, economics, and accounting background. 2--M/01/23 Topic: Financial Management in Context Chapter 1 Identify the purpose of healthcare organizations. Relate the purpose of healthcare financial management to the purpose of the organization. List the objectives of healthcare financial management. Apply quality improvement to healthcare financial management. Apply organizational ethics to healthcare financial management. Examine the value of healthcare financial management to the management functions and the chang face of healthcare. 3--W/01/25 Topic: Organization of Financial Management Chapter 2 Discuss how healthcare organizations are organized. Identify how chief financial officers receive their authority. Identify the roles and responsibilities of the key financial managers. Examine the alternative corporate structures available to healthcare organizations. Group rosters due

2 4--M/01/30 Topic: Organization of Financial Management continued Chapter 2 continued See Class 3 5--W/02/01 Topic: Financial Analysis & Management Reporting Chapter 14 Identify the major components of financial statements. Explain each step in the financial analysis process. Analyze financial statements. Explain the principles in preparing good financial reports. 6--M/02/06 Topic: Tax Status of Healthcare Organizations Chapter 3 Analyze the rationale for tax-exempt status and apply the rationale to healthcare. Compare and contrast the value of tax-exempt status. Identify the steps necessary to qualify for tax-exempt status. Relate the importance of community benefits to tax-exempt status. Examine judicial challenges to tax-exempt status. Examine legislative challenges tax-exempt status. Examine IRS challenges to tax-exempt status. 7--W/02/08 Topic: Tax Status of Healthcare Organizations continued Chapter 3 continued See Class 6 8--M/02/13 Topic: Third Party Payment Chapter 4 Review the history of third party payment. Classify managed care products. Examine new methods of financing and delivering care. Identify methods of payment, including bad debt and charity. Discuss the concepts of cost-shifting and cost-cutting. 4.1 Practice Problem and Self-Quiz Problem

3 9---W/02/15 Topic: Third Party Payment continued Chapter 4 continued See Class M/02/20 Topic: Test #1 over Chapter 1-4 and Chapter 14 Chapters 1-4 and Chapter 14 Assess student learning. 11--W/02/22 Topic: Medicare and Medicaid Chapter 5 Discuss the history of Medicare and Medicaid. Identify legislative attempts to control costs. Examine the important provisions of fraud and abuse laws. 12 M/02/27 Topic: Medicare and Medicaid continued Chapter 5 continued See Class W/01/01 Topic: Cost Accounting Chapter 6 Identify methods of classifying costs. Compare and contrast methods of allocating costs. Discuss methods of assembling costs. Discuss methods of determining product costs. Examine the relationship of costs to volume and revenue. 6.1 Practice Problem and Self-Quiz Problem 6.2 Practice Problem and Self-Quiz Problem 6.3 Practice Problem and Self-Quiz Problem 6.4 Practice Problem and Self-Quiz Problem 6.5 Practice Problem and Self-Quiz Problem 14--M/03/06 Topic: Cost Accounting continued Chapter 6 continued See Class 13

4 15--W/03/08 Topic: Setting Charges in Healthcare Chapter 7 Discuss the history of setting charges. Identify the current concerns regarding charges. Examine the methods of setting charges. Discuss the future of setting charges. 7.1 Practice Problem and Self-Quiz Problem 7.2 Practice Problem and Self-Quiz Problem 03/13-03/17 SPRING BREAK 16--M/03/20 Topic: Managing Working Capital Chapter 8 Discuss the importance of working capital. Identify the sources of working capital. Discuss the importance of managing cash flow. Evaluate working capital and cash performance. 8.1 Practice Problem and Self-Quiz Problem 8.2 Practice Problem and Self-Quiz Problem 8.3 Practice Problem and Self-Quiz Problem 17--W/03/22 Topic: Managing Revenue Cycle Chapter 9 Discuss the importance of revenue cycle management. Explain the important elements in revenue cycle management. Identify methods of financing accounts receivable. Describe the laws governing accounts receivable. Evaluate revenue cycle management. 18--M/03/27 Topic: Managing Revenue Cycle continued Chapter 9 continued See Class 17

5 19--W/03/29 Topic: Managing Materials Chapter 10 Discuss the importance of materials management. Examine methods of valuing inventory. Identify costs related to inventory. Examine economic order quantities and total costs. Calculate reorder points under conditions of uncertainty. Evaluate materials management Practice Problem and Self-Quiz Problem 10.2 Practice Problem and Self-Quiz Problem 10.3 Practice Problem and Self-Quiz Problem 20--M/04/03 Topic: Test #2 over Chapters 5-10 Chapters 5-10 Assess student learning. 21--W/04/05 Topic: Strategic & Operational Planning Chapter 11 Discuss the importance of planning. Identify the prerequisites to the planning process. Explain the types of planning. Compare and contrast operational planning and strategic planning. List in order the steps in the planning process. Evaluate the planning process. 22--M/04/10 Topic: Budgeting Chapter 12 Discuss the importance of budgeting. Identify the prerequisites to the budgeting process. Explain the types of budgets. List in order the steps in the budgeting process. Evaluate the budgeting process Practice Problem and Self-Quiz Problem 12.2 Budgeting Exercise 23--W/04/12 Topic: Budgeting continued Chapter 12 continued See Class 22

6 24--M/04/17 Topic: Capital Budgeting Chapter 13 Discuss the importance of capital budgeting. Explain the types of capital budgets. List, in order, the steps in the capital budgeting process. Describe the methods used to finance capital expenditures. Evaluate the capital budgeting process Practice Problem and Self-Quiz Problem 13.2 Practice Problem and Self-Quiz Problem 13.3 Practice Problem and Self-Quiz Problem 13.4 Practice Problem and Self-Quiz Problem 25--W/04/19 Topic: Capital Budgeting continued Chapter 13 continued See Class M/04/24 Topic: Future Trends Chapter 15 Discuss historical views of the future. Identify the need for healthcare reform. Compare and contrast healthcare reform proposals. Evaluate the Affordable Care Act of Discuss state laws and proposals for healthcare reform. Identify the need for entitlement reform. Discuss the future of healthcare. 27--W/04/26 Topic: Future Trends continue Chapter 15 continued See Class M05/01 Turn in cases at beginning of class -----W/05/10 Wednesday, 11:00-1:30 COMPREHENSIVE FINAL EXAM over Chapters 1-15 Grading Policy Points % of Total Grade A= Test #1 100 points 20.0 B= Test #2 125 points 25.0 C= Case* 100 points 20.0 D= Case Participation** 25 points 5.0 F= Comprehensive Final Exam 150 points 30.0 U (undeserved F)*** 500 points 100.0

7 *Case grade will reflect not only content, but also presentation of material including GSP (one point deduction for every GSP error). Refer to any good writing manual. Cases must be spiral bound and tabbed. Cases turned in late will receive a 10-point deduction for every class day until the case is turned in. **Case participation grade will be determined by an in-class survey of all group members based on the student s ability to work in teams, the student s ability to manage time, and the student s attention to detail. ***Students who fail the course with little to no effort (excessive absenteeism and/or missing tests/exams without notification) will receive a U which might jeopardize their financial aid. Course Policies Policy on returning tests/exams Tests and exams cover material in the book as well as material covered in lecture. I use the tests for evaluation purposes only; therefore, I do not return tests or the final exam. I return results of each test or exam as soon as possible. I will be happy to review specific questions regarding the tests with students during office hours. Students can obtain the results of the final exam and the course via TRACS. Policy on making-up tests/exams--students may not make-up Test #1 or Test #2; however, students who miss either of these tests for a legitimate and documented reason will have those points transferred to the comprehensive final exam. In the event a student misses the final exam for a legitimate and documented reason, I will arrange a make-up final exam at a time and place mutually acceptable. Policy on cases--i expect students to work on the case in groups of 4-5 students. The purpose of casework is to reinforce skills learned in the classroom by applying the skills to a practical situation. I encourage students to discuss the case with other students, faculty, and with preceptors at internship sites; however, the final product must be the work of the students in the group. Groups turning in the work of others outside their group will be charged with academic dishonesty and will receive an "F" in the course. Groups must submit their cases to Turnitin and include the originality report with their cases. After the group rosters have been submitted, students may only leave the group if they drop the class or withdraw from the University. Policy on class attendance--i encourage class attendance by taking roll at each class meeting. If I think that attendance is waning or if I think that students are coming to class unprepared, I reserve the right to administer unannounced quizzes. Policy on disruptive behavior--students who disrupt the class will be asked to leave the class and not return until they have met with me. Examples of disruptive behavior include, but are not limited to, talking during class, cell phones/beepers going off during class, and arriving late to class or leaving early from class. Policy on calculators--i require students to use a HP 10-B or HP 10-BII in this class. The only calculator students may use during tests and final exam is a HP 10 or 10BII. Students may not share calculators during tests or exams. Policy on restricted use of notes and materials: My lectures are protected by copyright law. They are my own original expression and I record them at the time that I deliver them in order to bring them under the protection of the U.S. copyright laws. Although you are authorized to take notes in class and create derivative work from my lecture, the authorization extends only to making one set of notes for your own personal use and distribution to one other student (mass distribution is not authorized). You are not authorized to record my lectures, to provide your notes to more than one other student, or to make commercial use of them without my expressed prior permission. In the case of exams, you are never authorized to make copies of exams or questions on exams for personal use or mass distribution (see Honor Code, UPPS ). Dr, Michael Nowicki, FACHE, FHFMA Professor of Health Administration Texas State University 273 Health Professions Building, or nowicki@txstate.edu FALL 16 Office Hours: MW 2:00-4:30 and by appointment