Financial Management in Health Care: Concepts and Applications

Financial management in health care is the process of planning, organizing, controlling, and monitoring the financial resources and activities of a health care organization. Financial management in health care is essential for the effective and efficient operation of health care facilities, such as hospitals, clinics, and other medical institutions. Financial management in health care also supports the delivery of safe, high-quality, and person-centred care and services that meet the needs and expectations of the community.

This course will provide you with a comprehensive overview of the key concepts and tools of financial management in health care, and how they can be applied to real-world problems and cases. You will learn about the sources and uses of funds in health care, the role and rationale of financial management frameworks and systems, the tools and techniques for financial analysis and decision making, the methods and measures for financial performance and improvement, and the best practices and standards for financial management in health care.