I learned the foundations of health service finance in the healthcare institutional setting in a rapidly changing Medicare environment. I also learned the various systems and methods that can be useful to a reimbursement scenario in a medical care perspective. I also became familiar with the accounts and budgetary issues in the institutional approaches.
Nevertheless, some of the content I had wanted to learn was not present in the course. One component of the materials is management strategies that ensure cost-effective operations in a healthcare institution. Effective leadership in Medicare scenarios is essential to the reduction of the costs incurred in providing financial management in health service is a success.
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The other topic is the relationship between time and finances, in a case where completion of projects promptly contributes to the savings made of money available to an institution. Health finance management is based on timely conduction of specific activities.
The e-text and the digital learning materials were lifesavers when it came to the revision time on the assignments of the course. The tasks covered the course contents adequately and were convenient for later referral or purposes of examinations related to health service finance. The Blackboard site with material for the course was requisite to successful completion of the assignments issued at some points in the learning.
One thing that I would suggest changing is the order of the topics in the course. Precisely, the topic of comparative data tools would have been better if it came immediately after the one on cost classifications and behavior since they are closely related to one another.
The assignment on cost classifications and behavior was the one that taught me the most. It was inevitable to identify the different types of costs at the healthcare institutions and how each one of them was characterized.
The assignments on creating a business plan did not matter to me much since I already had some background knowledge on how to come up with a compelling idea which would be workable in a healthcare situation.
