Explains the role of budgeting as a key component of the administrative process. Students learn to develop a budget and evaluate the financial status of a department or operating unit and determine what, if any, corrective actions need to be taken. Presents various analytical methods in management decision making, including benefit/cost ratio analysis, variance analysis, and break-even analysis. Also includes approaches to benchmarking, productivity improvement techniques, and methods for building cost standards.
Upon successfully completing this course, students will be able to:
The final course grade will be composed of the following segments:
We have divided the content of this course into seven separate modules. You are to complete the material over a period of eight weeks. Each module consists of multiple lecture sections, reading assignments, and practice problems.
All the lectures open at the outset of the course for your convenience, but you may pace yourself according to your comfort and learning needs.
Homework assignments. Assignments consist of one or more of the various Micro Cases. They allow you to apply and reinforce what you have learned in the lectures. Please complete each of the six homework assignments using a single Excel file. (You can use a separate worksheet for each Micro Case.) You must submit to the appropriate course Drop Box on the due dates listed on the Course Content page. You may submit assignments earlier than they are due, but we will not accept them once the due date/time has expired. Assignments count as part of the class participation grade for the course but are graded merely for completion and not for accuracy.
Discussion sessions. During your course, there are scheduled LiveTalk discussions on the issues and concepts encountered during your studies. Check the Course Content page for dates. Attendance will be considered as part of the class participation grade.
Course Discussion Forum. Throughout the course, comments, questions, observations and such are posted to the Discussion Forum. Students are expected to participate in the ongoing discussions on the Discussion Forum and such participation is considered as part of the class participation grade.
Examinations. A midterm and final examination are administered on the dates listed on the Course Content page. Both are open-book style and require that you work alone. You are allowed to consult any book you think might be of assistance. Your conduct on the exams must follow the Johns Hopkins University Academic Ethics in the Policy and Procedures Memorandum. Submit each exam via the Drop Box.
Students enrolled in the Bloomberg School of Public Health of The Johns Hopkins University assume an obligation to conduct themselves in a manner appropriate to the University's mission as an institution of higher education. A student is obligated to refrain from acts which he or she knows, or under the circumstances has reason to know, impair the academic integrity of the University. Violations of academic integrity include, but are not limited to: cheating; plagiarism; knowingly furnishing false information to any agent of the University for inclusion in the academic record; violation of the rights and welfare of animal or human subjects in research; and misconduct as a member of either School or University committees or recognized groups or organizations.
Students should be familiar with the policies and procedures specified under Policy and Procedure Manual Student-01 (Academic Ethics), available on the school’s http://my.jhsph.edu portal.
The faculty, staff and students of the Bloomberg School of Public Health and the Johns Hopkins University have the shared responsibility to conduct themselves in a manner that upholds the law and respects the rights of others. Students enrolled in the School are subject to the Student Conduct Code (detailed in Policy and Procedure Manual Student-06) and assume an obligation to conduct themselves in a manner which upholds the law and respects the rights of others. They are responsible for maintaining the academic integrity of the institution and for preserving an environment conducive to the safe pursuit of the School's educational, research, and professional practice missions.
Associate Professor of Health Finance and Management
Associate Professor of Nursing
Director Emeritus, Master of Health Administration Degree Program
Sommer Scholars Program Faculty Director
Department of Health Policy and Management
Bloomberg School of Public Health
624 North Broadway
Hampton House 380
Baltimore, MD 21205
Shivani Patel - firstname.lastname@example.org
Robert Hart - email@example.com
Spencer Wildonger – firstname.lastname@example.org
2. Textbook: Ward Jr., William J. (1993). Healthcare Budgeting and Financial Management for Non-Financial Managers. Connecticut: Auburn House.
You can buy the textbook from any online bookstore, such as Amazon, or through the Matthews Johns Hopkins Medical Book Center (1830 East Monument Street, Baltimore, MD 21205 USA - 410-955-3931- 800-266-5725 - 410-955-0576 fax).
Reading assignments are posted in the Online Library.
PLEASE NOTE: The world of finance runs in Excel ® or similar spreadsheet software. Because of this, both the homework assignments (the micro cases) and the two exams are to be completed in Excel ® or a similar spreadsheet program. The use of Word or similar word processing software is not acceptable. Only files submitted using an Excel-friendly file extension (.xls or .xlsx) are acceptable for the homework assignments and exams. Excel ® tutorials can be found on the web. YouTube and Apple's iTunes, for instance, both provide tutotials.
Concerns about course topics and assignments
Technical concerns about the functionality and operation of course Web pages (before emailing, please make sure that you can replicate the problem)
Technical help with JHSPH email or desktop applications
The course is divided into seven modules --
The following topics are covered in the course and are divided among seven modules:
Performance reports & dashboards
Marginal Profit and Loss Analysis
Benefit: Cost ratio analysis
Revenue enhancement strategies
Cost control strategies
Building RVUs (Relative Value Units)
How to do financial analysis
Bilateral Performance Mapping
Work Flow Analysis
Action and implementation planning
Presenting financial data
Developing a business plan
Making the “pitch” to finance