Spring 2021 Update 
    
    Mar 29, 2024  
Spring 2021 Update [ARCHIVED CATALOG]

NUR (0302) 877 - Healthcare Economics and Finance for AP Nursing


Credits: 3.00

This course addresses financial management, reimbursement, the impact of poor quality, adverse patient events and readmissions on the financial performance of an organization or individual practice. It will explore financial strategies that can promote and sustain the financial viability of a healthcare organization or practice.

Prerequisite 1: NUR 874  NUR 875  
Corequisite: NUR 876  


Course Learning Goals: Upon completion of this course students will be able to:
1. Understand the impact of the health care reimbursement system on health care organizations and practices. 
2. Utilize basic accounting and finance practices in the development of staffing, operating and capital budgets. 
3. Conduct variance analysis in planning and managing budgets. 
4. Critique the impact of quality outcomes on the financial performance of the organization or practice. 
5. Perform standard financial analyses utilizing standard financial institutional information. 
6. Assess an organization’s or practice’s financial condition and develop potential plans of actions that will strengthen the financial outlook.