The Management Option concentrates on theoretical and applied approaches to standard management techniques and alternative strategies for improving organizational performance, and examines operational decision making processes and conceptual frameworks for understanding organizational theory and behavior. HPM 510D Financial and Managerial Accounting Introduces the basic accounting concepts, analytical techniques, decision-making tools, and vocabulary needed for effective management of health care organizations. The first part of the course is devoted to the fundamentals of accounting, including preparation and analysis of financial statements. The second part of the course covers the generation, use, and interpretation of accounting information for making managerial decisions. Presents alternative strategies for improving organizational performance.
Emphasis is placed on applying general theory to health care organizations.
During the first part of this course, theoretical approaches to such topics as forecasting, decision analysis and scheduling are developed. During the second part of the course, these approaches are applied to operational decision making in the areas of programming, budgeting, operations, outcome measurement, evaluation and management control. The course is designed for mid-level managers with operation experience, is largely quantitative in nature and demands a sound mathematical background. Reviews specific analytical tools used in strategy formulation, choice, and implementation, with an emphasis on real-world health care applications. This course is an overview of healthcare marketing.