Healthcare and financial management

The provision of effective healthcare is an essential component of contemporary society. As the average life expectancy increases, so does the expectations and demand of healthcare. These community expectations on healthcare delivery and demand have greater financial costs. Coupled with advances in health technology result in challenging social and financial implications.

Students in this unit will examine the basic accounting, financial reporting, budgeting and financial business planning concepts applicable to the healthcare sector. Learners will examine and apply how such principles and techniques are used by healthcare professionals to aid strategic, operational and service delivery decision making.