Healthcare Finance, Economics and Risk

Course 3 of 8: Healthcare Administration 5 Weeks 5–10 hours per week
1799

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About this course

This course is part of the Healthcare Administration MicroMasters program which consists of 7 courses and a capstone exam. After completing the program, you can also apply to Doane University to complete your MBA online for approximately $10,500 (learn more about the program here).

In order to be a leader/administrator in the healthcare industry, you must have a basic understanding of healthcare finance, risk, legal and regulatory issues in order to navigate and change the system. Managing risk is one of the primary responsibilities of a leader. This requires a basic understanding of the financial health and regulatory constraints one operates within to anticipate and address changing dynamics.

This course will focus on healthcare economics and finance to help you articulate new approaches to managing costs and improving access, quality and safety. You will learn how to assess the fiscal status of a healthcare organization. Strategic planning, marketing, quality assurance and risk management initiatives for healthcare organizations will also be explored.

What you’ll learn

  • How to evaluate the relevance of economics in all aspects of healthcare.
  • How to analyze economic concepts and models as they apply to healthcare.
  • How to identify the diverse aspects of healthcare financing.
  • How to assess economic problems in order to develop and implement economic policy.
  • How to evaluate the economic advantages and policy options of healthcare market reform.

Prerequisites

  • Bachelor’s degree or
  • Minimum 5 years work experience in a healthcare related field
  • Basic understanding of economics and finance

Who can take this course?

Unfortunately, learners from one or more of the following countries or regions will not be able to register for this course: Iran, Cuba and the Crimea region of Ukraine. While edX has sought licenses from the U.S. Office of Foreign Assets Control (OFAC) to offer our courses to learners in these countries and regions, the licenses we have received are not broad enough to allow us to offer this course in all locations. EdX truly regrets that U.S. sanctions prevent us from offering all of our courses to everyone, no matter where they live.

Meet Your Instructors

Jody Woodworth

PhD at Doane University Dr. Jody Woodworth attended the University of Nebraska Medical Center and graduated with an Associate and later a Bachelor’s degree in Nuclear Medicine Technology. She worked for nine years as a Lead Nuclear Cardiac Technologist. She continued her education with a new career focus and earned a Master’s Degree in Economics from the University of Nebraska at Omaha and worked as a Project Analysts applying her knowledge in economics and management. She graduated with her Ph.D. from the University of Nebraska, Lincoln in 2009 in Higher Education Administration. For the past 18 years she works in higher education as a professor and administrator.
1799

Experience Level

Intermediate

Learning Partner

Doane University

Program Type

MicroMasters®

Subject

Economics & Finance
Advanced Business Dan Harvard X-Series