Courses & Units

Health Finance, Economics and Accounting BAA754

Introduction

This unit examines the theories and frequently used techniques of economics, financial and managerial accounting in healthcare organisations. Public and private funding issues will be examined, across the acute, primary and aged care sectors. Students will apply this knowledge to determine cost efficient and effective decision making, taking into account safety, quality and resource considerations. Students will investigate critical topics and approaches, including: funding models; supply and demand factors; economic evaluations, financial statements and working capital cycle; budgeting approaches and key performance indicators; long-term investments and ratio analysis; cost allocation; and, value based purchasing. Students will have opportunities to hear from experts across Australia and participate in industry relevant studies and analysis.

Summary

Unit name Health Finance, Economics and Accounting
Unit code BAA754
Credit points 12.5
College/School College of Business & Economics
Tasmanian School of Business and Economics
Discipline Australian Institute of Health Service Management
Coordinator Doctor Nazlee Siddiqui
Delivered By University of Tasmania
Level Postgraduate

Availability

This unit is currently unavailable.

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Unit census dates currently displaying for 2022 are indicative and subject to change. Finalised census dates for 2022 will be available from the 1st October 2021. Note census date cutoff is 11.59pm AEST (AEDT during October to March).

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Learning Outcomes

  • Appraise the funding models and core concepts of economics, financial and managerial accounting in the Australian health sector.
  • Evaluate the use of techniques of economics, financial and managerial accounting for cost efficient and effective managerial decisions in health.
  • Compare public and private funding issues across the acute, primary and aged care sectors.
  • Argue the ethical and practical budget implications of cost efficiency focusing on cost, safety and quality.
  • Assess how to improve the application of economics, financial and managerial accounting in the health sector.
Field of Education Commencing Student Contribution 1 Grandfathered Student Contribution 1 Approved Pathway Course Student Contribution 2 Domestic Full Fee
not applicable

1 Please refer to more information on student contribution amounts.
2 Please refer to more information on eligibility and Approved Pathway courses.
3 Please refer to more information on eligibility for HECS-HELP.
4 Please refer to more information on eligibility for FEE-HELP.

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Teaching

AssessmentReport (40%)|Report (40%)|Discussion Posts (online) and/or Tutorial Participation (20%)
TimetableView the lecture timetable | View the full unit timetable

Textbooks

Required

Required readings will be listed in the unit outline prior to the start of classes.

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