James Cook University Subject Handbook - 2020

NS5341 - Business and Finance for the Health Manager

Subject Description

This subject provides the student with tools and skills needed to assume effective business and financial management functions. Health care is a business, and health managers must be able to manage their units in a fiscally appropriate way. This subject will explore topics such as building, understanding and monitoring budgets; accounting tools; capital investment management; and reporting.

Learning Outcomes

• Identify challenges for financial managers in a healthcare context
• Apply the principles of financial information and control to healthcare administration
• Recognise and interpret the types of budgets used in healthcare settings
• Identify and apply key accounting principles, terms and language
• Interpret the information contained in basic financial statements to formulate conclusions about financial performance, financial position, liquidity, and risk of firms in the healthcare sector

Subject Assessment

• Business plan - (50%)
• Analysis - (30%)
• Non-Invigilated > Assignments - (20%)

Note that minor variations might occur due to the continuous subject quality improvement process, and in case of minor variation(s) in assessment details, the Subject Outline represents the latest official information.

Availabilities