NURS 8460 – Health Financial Management at Clemson University is an advanced graduate-level course that delves into the intricacies of financial management within the context of healthcare. This course is designed for students pursuing a Master’s or Doctoral degree in Nursing, particularly those with a focus on healthcare administration and financial leadership.
Course Overview: The NURS 8460 curriculum encompasses a comprehensive exploration of financial principles as they apply to the healthcare industry. Students will gain a deep understanding of the financial aspects crucial for effective management and decision-making within healthcare organizations.
Key Topics Covered:
- Financial Principles in Healthcare: An examination of fundamental financial concepts specific to the healthcare sector, including budgeting, financial analysis, and resource allocation.
- Healthcare Revenue Cycle: In-depth coverage of the revenue cycle in healthcare, addressing billing, reimbursement, and financial sustainability for healthcare organizations.
- Financial Decision-Making: Analyzing financial data to make informed decisions that impact the financial health and sustainability of healthcare organizations.
- Regulatory Compliance: Understanding and navigating the complex regulatory landscape that governs healthcare financial management.
Skills Development: Students in NURS 8460 will develop practical skills essential for effective financial management in healthcare settings. These skills include financial analysis, budgetary planning, and strategic decision-making to ensure the fiscal well-being of healthcare organizations.
Target Audience: This course is tailored for graduate students in nursing who aspire to take on leadership roles in healthcare administration, particularly in financial management capacities. It equips students with the knowledge and skills needed to navigate the financial challenges unique to the healthcare industry.
Career Relevance: NURS 8460 is ideal for those seeking careers as nurse leaders, healthcare administrators, or financial managers within healthcare organizations. The course provides a strong foundation for individuals aiming to contribute to the financial success and sustainability of healthcare institutions.
In summary, NURS 8460 at Clemson University is a specialized course that empowers nursing graduate students with the financial acumen necessary for effective leadership in healthcare administration. Through a targeted curriculum, students acquire the expertise required to navigate the complex intersection of healthcare and finance, making them well-prepared for impactful roles in the ever-evolving healthcare landscape.
