HMBA 609 Financial Statement Analysis of Healthcare Organizations
The basic concepts of understanding financial statements are developed and explained, with an emphasis on the necessity of understanding these statements, the underlying methodologies used in preparing them and the implications of choices made by accountants. Tools for analyzing profitability, liquidity, leverage, and alternatives available within generally accepted accounting principles on financial statements, in terms of management's financial reporting strategy are also explored. Additional topics include Medicare cost reporting, cost accounting applied to care episodes and the predominant reimbursement methodologies.
Prerequisite
HMBA 603.