020722420 HEALTH CARE ACCOUNTING ( 3 Crd.Hrs )

Pre-Requisites : 020312100

This course covers health care accounting is now a distinguished discipline and of increasing importance. National health accounts are the concrete basis for health care financial policy. The knowledge basis of managerial accountants, and their organizational tasks, has been extended across the twentieth and the twenty first centuries. Students will be introduced to the practice of standard costing, budgeting, concepts of fixed and variable costs, and discounted cash flow techniques for investment appraisal. The increasing demand for health care, sever economic crisis, the exceptional economic conditions of major wars, the rapid expansion in the size of health care “industry” or “market” and the new advances in information technology have created great opportunities for H. cost and management accounting to extend its way beyond the public health sector into the private sector enterprises. The New Public Health Care Reforms of 1980s,1990s of cost containment and quality assurance and improvement provided just another opportunity for health accounting for further expansion and development. In addition to the previous methods and practices students will be introduced for different types of health insurance. Students will acquire costing methodology and defining premium rates, according to different payment methods and procedures. Other principles, practices of health care accounting as cash and accrual bases of accounting, recording transactions, developing the financial statement, (balance sheet), statement of operations and other techniques will be introduced and studied.