MPH5318 Healthcare and financial management
Faculty of Medicine, Nursing and Health Sciences
MPH5318 Healthcare and financial management is a level 5, 6-credit-point, postgraduate unit from the Faculty of Medicine, Nursing and Health Sciences. It isn't offered in 2023. It has no prerequisites.
- Credit points
- 6
- Offered in 2023
- Other periods
- Monash Online
- Assessment
- No exam
- 4 tasks
This is the 2023 handbook entry. See the 2027 entry.
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Requisites
Before MPH5318
Prohibitions
You can't enrol if you have passed any of these.
After MPH5318
No unit lists MPH5318 as a prerequisite in the 2023 handbook.
Enrolment rules
Corequisite: Must be enrolled in course M6007, M4005
Overview
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.
Offerings in 2023
| Teaching period | Campus | Mode |
|---|---|---|
| Teaching period 6 | Monash Online | Mo |
Assessment
- Assessment 1a—Development activity critical reflections (1,000 words)Threshold hurdle10%
- Assessment 1b—Written report (1,500 words)Threshold hurdle30%
- Assessment 2—Case study (2,400 words)40%
- Assessment 3—Audio video presentation (10 mins)20%
Learning outcomes
When you finish this unit, you should be able to:
- 1
Apply accounting terminologies, concepts and processes that underpin the preparation of key financial statements.
- 2
Review the financial reporting requirements of the regulatory framework that applies to the healthcare sector and assess how they impact the preparation and use of financial reporting systems.
- 3
Analyse the statutory financial statements prepared and used by public and private sector health care providers.
- 4
Appraise the various internal management reports typically used in health care organisations and evaluate their use in the day to day management of organisational sub units.
- 5
Interpret operational and capital budgeting processes, and critique their importance in submissions for major items of capital expenditure.
- 6
Critically analyse the importance of business planning and its role in organisational growth and development.
Workload and teaching
20 hours per week for 6 weeks (as per all Monash Online units).
Contacts
- Chief Examiners
- Associate Professor Moira McInerney
- Unit Coordinators
- Associate Professor Moira McInerney
Common questions
What are the prerequisites for MPH5318?
MPH5318 has no prerequisites, but enrolment rules apply.
When is MPH5318 offered?
MPH5318 has no offerings listed in the 2023 handbook.
Does MPH5318 have an exam?
No. MPH5318 has 4 assessment tasks and no exam.