Health Finance, Economics and Accounting unit (BAA754)

Melbourne Study Centre, Ultimo Study Centre

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, resource considerations and principles of value-based healthcare, in general. 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; and long-term investments. 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	Tasmanian School of Business and Economics
Discipline	Australian Institute of Health Service Management
Coordinator	Mr Carl Fiedler
Delivered By	University of Tasmania
Level	Postgraduate

Availability

Specific information on 2027 unit availability will be available in August

Key Dates

Study Period	Start date	Census date	WW date	End date
Semester 2	4/7/2027	26/7/2027	29/8/2027	23/10/2027

* The Final WW Date is the final date from which you can withdraw from the unit without academic penalty, however you will still incur a financial liability (refer to How do I withdraw from a unit? for more information).

Unit census dates currently displaying for 2027 are indicative and subject to change. Finalised census dates for 2027 will be available from the 1st October 2026. Note census date cutoff is 11.59pm AEST (AEDT during October to March).

About Census Dates

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.

Fee Information

2027 fee information will be available in August.

Teaching

Assessment	Short Answer 1.1 (15%)|Short Answer 1.2 (15%)|Presentation (30%)|Report (40%)
Timetable	View 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.

The University reserves the right to amend or remove courses and unit availabilities, as appropriate.