Financial Management and Medical Malpractice

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BHA 4053, Financial Management
in Healthcare Administration
Course Syllabus

Course Description
Introduces key aspects of financial management for today's healthcare organizations, addressing diverse factors that
impact the provision of medical services in our dynamic and competitive environment. Students will gain knowledge and
skills in the various types of healthcare budgeting and financial reporting, applying these skills through practical case
scenarios and problem-solving activities.

Course Textbook
Berger, S. (2014). Fundamentals of health care financial management: A practical guide to fiscal issues and activities
(4th ed.). San Francisco, CA: Jossey-Bass.

Course Learning Outcomes
Upon completion of this course, students should be able to:
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.

Explain the basic concepts of financial management in healthcare organizations.
Explain the aspects of managing short-term and long-term assets and liabilities in healthcare organizations.
Analyze agency relationships in healthcare and how organizations can ameliorate agency costs.
Explain the similarities and differences among the major approaches to valuation of healthcare firms.
Distinguish variable versus fixed, and direct versus indirect costs, for a healthcare service or process.
Calculate net present value, internal rate of return, and profitability indexes given assumed cash flows and
discount rates in healthcare operations.
Compare and contrast the choices for external financing faced by healthcare organizations.
Evaluate the basic principles of working capital management as rooted in controlling opportunity costs in
healthcare firms.
Discuss the financial approach to strategic healthcare planning and how managers can participate effectively in
that process.
Describe key impacts of the Patient Protection and Affordable Care Act on the financial management of U.S.
healthcare organizations, providers, patients, payers, and employers.

Credits
Upon completion of this course, the students will earn three (3) hours of college credit.

Course Structure
1. Study Guide: Each unit contains a Study Guide that provides students with the learning outcomes, unit lesson,
required reading assignments, and supplemental resources.
2. Learning Outcomes: Each unit contains Learning Outcomes that specify the measurable skills and knowledge
students should gain upon completion of the unit.
3. Unit Lesson: Each unit contains a Unit Lesson, which discusses lesson material.
4. Reading Assignments: Each unit contains Reading Assignments from one or more chapters from the textbook
and/or outside resources.
5. Suggested Reading: Chapter presentations are provided in each unit study guide as Suggested Reading to aid
students in their course of study.
6. Unit Assessments: This course contains six Unit Assessments, one to be completed at the end of Units I-VI.
Assessments are composed of written-response questions.
BHA 4053, Financial Management in Healthcare Administration

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7. Unit Assignments: Students are required to submit for grading Unit Assignments in Units VII and VIII. Specific

information and instructions regarding these assignments are provided below. Grading rubrics are included with
each assignment. Specific information about accessing these rubrics is provided below.
8. Ask the Professor: This communication forum provides you with an opportunity to ask your professor general or
course content related questions.
9. Student Break Room: This communication forum allows for casual conversation with your classmates.

CSU Online Library
The CSU Online Library is available to support your courses and programs. The online library includes databases,
journals, e-books, and research guides. These resources are always accessible and can be reached through the library
webpage. To access the library, log into the myCSU Student Portal, and click on “CSU Online Library.” You can also
access the CSU Online Library from the “My Library” button on the course menu for each course in Blackboard.
The CSU Online Library offers several reference services. E-mail ([email protected]) and telephone
(1.877.268.8046) assistance is available Monday – Thursday from 8 am to 5 pm and Friday from 8 am to 3 pm. The
library’s chat reference service, Ask a Librarian, is available 24/7; look for the chat box on the online library page.
Librarians can help you develop your research plan or assist you in finding relevant, appropriate, and timely information.
Reference requests can include customized keyword search strategies, links to articles, database help, and other
services.

Unit Assignments
Course Project Introduction
You are required to complete a project for this course, which is due in Unit VII. The course project is a significant portion
of your grade, so you should consider it a very important activity. Please review the assignment instructions below and
begin by selecting your topic. Since this is a course project, it is expected that you will start working on the project early on
in the course in order to submit it in Unit VII. Please contact your instructor if you have any questions regarding the
assignment.
Unit VII Course Project
The course project must include at least the following sections; you may want to include others if you deem them
appropriate:
1.
2.
3.
4.
5.
6.
7.
8.
9.

Introduction
Challenges and Problems (associated with your topic)
Review of the Literature
Critical Analysis of Challenges/Problems
Recommended Solutions
Implementation of Solutions
Justification of Solutions
Conclusion
References

Some possible course project topics for your consideration are listed below:










Managed care impacts on healthcare finance
The Patient Protection and Affordable Care Act and healthcare finance
Hospital ownership types and impacts on healthcare finance
Presenting hospital financial statements
Strategic financial planning for healthcare organizations
Financial management of home health care
Financial management of ambulatory surgery
Financial management of clinics
Financial management of physician practices

BHA 4053, Financial Management in Healthcare Administration

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Flexible budgeting for healthcare organizations
Capital budgeting for healthcare organizations
Information management for healthcare organizations
Principles and practices for hospital auditing

The course project must be seven to ten pages, double-spaced, not counting the cover page and the references pages.
You must use at least five outside sources for your course project beyond the course textbook. At least one reference
must come directly from the CSU Online Library. Web resources and professional journal articles will be key sources in
researching your topic.
All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying
APA citations.
Information about accessing the Blackboard Grading Rubric for this assignment is provided below.
Unit VIII Reflection Paper
For this assignment, you are asked to prepare a reflection paper on the topic of the unit lesson. Discuss the need for
hospital and physician professional liability coverage (malpractice insurance) in American health care today. Make sure to
cover the following points:
Why is malpractice coverage so extremely expensive today?
Do you feel that the need for liability insurance adds to or detracts from the patient care that is provided?
Your response should be at least one page in length. All sources used, including the textbook, must be referenced;
paraphrased and quoted material must have accompanying citations per APA standards.
Information about accessing the Blackboard Grading Rubric for this assignment is provided below.

APA Guidelines
The application of the APA writing style shall be practical, functional, and appropriate to each academic level, with the
primary purpose being the documentation (citation) of sources. CSU requires that students use APA style for certain
papers and projects. Students should always carefully read and follow assignment directions and review the associated
grading rubric when available. Students can find CSU’s Citation Guide in the myCSU Student Portal by clicking on the
“Citation Resources” link in the “Learning Resources” area. This document includes examples and sample papers and
provides information on how to contact the CSU Success Center.

Blackboard Grading Rubrics
One or more assignments in this course utilizes a Blackboard Grading Rubric. A rubric is a tool that lists evaluation criteria
and can help you organize your efforts to meet the requirements of an assignment. Your professor will use the Blackboard
Grading Rubric to assign points and provide feedback for the assignment.
You are encouraged to view the assignment rubric before submitting your work. This will allow you to review the
evaluation criteria as you prepare your assignments. You may access the rubric in “My Grades” through the “Tools” button
in your course menu. Click the “View Rubric” link to see the evaluation criteria for the assignment. Upon receiving your
assignment grade, you may view your grade breakdown and feedback in the rubric.

CSU Grading Rubrics for Papers/Projects and Assessments
The Learning Resource area of the myCSU Student Portal provides the rubrics, and information on how to use them, for
written response questions in Unit Assessments, and Research Papers/Projects.
The course writing assignments will be graded based on the CSU Grading Rubric for all types of writing assignments,
unless otherwise specified within assignment instructions. In addition, all papers will be submitted for electronic evaluation
to rule out plagiarism. Course projects will contain project-specific grading criteria defined in the project directions.

BHA 4053, Financial Management in Healthcare Administration

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To view the rubrics, click the Student Resources link on the Course Menu or access them through the CSU Grading

Rubric link found in the Learning Resources area of the myCSU Student Portal.

Communication Forums
These are non-graded discussion forums that allow you to communicate with your professor and other students.
Participation in these discussion forums is encouraged, but not required. You can access these forums with the buttons in
the Course Menu. Instructions for subscribing/unsubscribing to these forums are provided below.
Once you have completed Unit VIII, you MUST unsubscribe from the forum; otherwise, you will continue to
receive e-mail updates from the forum. You will not be able to unsubscribe after your course end date.
Click here for instructions on how to subscribe/unsubscribe and post to the Communication Forums.
Ask the Professor
This communication forum provides you with an opportunity to ask your professor general or course content questions.
Questions may focus on Blackboard locations of online course components, textbook or course content elaboration,
additional guidance on assessment requirements, or general advice from other students.
Questions that are specific in nature, such as inquiries regarding assessment/assignment grades or personal
accommodation requests, are NOT to be posted on this forum. If you have questions, comments, or concerns of a nonpublic nature, please feel free to email your professor. Responses to your post will be addressed or emailed by the
professor within 48 hours.
Before posting, please ensure that you have read all relevant course documentation, including the syllabus,
assessment/assignment instructions, faculty feedback, and other important information.
Student Break Room
This communication forum allows for casual conversation with your classmates. Communication on this forum should
always maintain a standard of appropriateness and respect for your fellow classmates. This forum should NOT be used to
share assessment answers.

Grading
Unit Assessments (6 @ 12%)
Unit VII Course Project
Unit VIII Reflection Paper
Total

= 72%
= 20%
= 8%
= 100%

Course Schedule/Checklist (PLEASE PRINT)
The following pages contain a printable Course Schedule to assist you through this course. By following this schedule,
you will be assured that you will complete the course within the time allotted.

BHA 4053, Financial Management in Healthcare Administration

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BHA 4053, Financial Management in Healthcare Administration


Course Schedule

By following this schedule, you will be assured that you will complete the course within the time allotted. Please keep this
schedule for reference as you progress through your course.

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