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RAIM 320 Finance & Accounting for Healthcare Managers • 5 Cr.


Addresses issues of financial management in healthcare systems, including budget development and analysis, equipment purchase and depreciation, salaries and benefits, and coding and reimbursement. Case studies are used to bring a contextual focus on specific healthcare departments and organizations including multinational aspects and parameters of outsourcing. Prerequisite: Acceptance to the program or permission of instructor.


Prerequisite: Acceptance into the program or permission of instructor.


After completing this class, students should be able to:

  • Present and analyze the trends and current issues in healthcare finance management and accounting
  • Analyze the financial environment in the healthcare industry and how it affects the role of healthcare managers in healthcare units and departments
  • Identify, define and apply basic accounting principles, assumptions and constraints in the context of the healthcare system and specific healthcare departments
  • Record and summarize economic transactions in accordance with generally accepted accounting principles, multinational and security requirements in reporting
  • Analyze the financial cycle and value chain in the healthcare departments
  • Prepare, analyze, and interpret healthcare financial statements and budgets
  • Develop and justify financial recommendations using accounting data that relates to the financial decision-making process
  • Develop asset projection and management plans
  • Explain the concepts and elements of budgeting, costs and capital financing, working capital, and financial assessment and risk as they apply to specific healthcare departments
  • Summarize the regulations and standard practices that govern healthcare finances and accounting
  • Prepare, evaluate and assess general financial and accounting information
  • Examine the financial roles of the different organizations in the healthcare system, including healthcare providers, insurances, labs, and patients; control systems, outsourcing requirements
  • Discuss and synthesize the trends in financial, security oversights in the healthcare industry including, multinational aspects
  • Analyze the process of financial planning, documentation, reporting, controls systems, security and auditing in the context of healthcare departments and outsourcing entities
  • Compare the advantages and limitations of commonly used financial and accounting software products and systems in the healthcare industry, multinational, security factors
  • Define and apply practices that support equipment purchase and depreciation accounting, salaries and benefits accounting and evaluation, and pricing strategies in the context of healthcare departments
  • Analyze the process and issues relating to medical coding and reimbursement with an emphasis on codes relating to specific healthcare departments
  • Discuss and synthesize ethical standards for the process of financial management and accounting in healthcare



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Contact info

Bellevue College
3000 Landerholm Circle SE Bellevue, WA 98007-6484 U.S.A.
Work: (425) 564-1000