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Graduate Course Proposal Form Submission Detail - PHC6161
Tracking Number - 2996

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Current Status: Approved by SCNS - 2013-01-08
Campus: Tampa
Submission Type: Change
Course Change Information (for course changes only): The MBA Program in the College of Business Administration has discontinued ACG 6025, and replaced it with ACG 6026, adding a section on costing. PHC 6161 needs to be reduced from 4 to 3 credit hours (referenced on the 2011 syllabus) as less emphasis is needed on costing.
Comments: to GC 12/3 Health Adm (MHA) - reduce course hours - supports MHA change approved spring 2012. GC approved 12/4/12. SYS 12/4/12; SCNS 12/12/12. SCNS approved effective 2/1/13

Detail Information

  1. Date & Time Submitted: 2012-11-05
  2. Department: Health Policy and Management
  3. College: PH
  4. Budget Account Number: 640400
  5. Contact Person: Barbara Orban, Ph.D.
  6. Phone: 8139740346
  7. Email:
  8. Prefix: PHC
  9. Number: 6161
  10. Full Title: Health Care Finance and Costing
  11. Credit Hours: 3
  12. Section Type: C - Class Lecture (Primarily)
  13. Is the course title variable?: N
  14. Is a permit required for registration?: Y
  15. Are the credit hours variable?: N
  16. Is this course repeatable?:
  17. If repeatable, how many times?: 0
  18. Abbreviated Title (30 characters maximum): Health Care Finance & Costing
  19. Course Online?: C - Face-to-face (0% online)
  20. Percentage Online: 0
  21. Grading Option: R - Regular
  22. Prerequisites: PHC 6102, ACG 6025
  23. Corequisites:
  24. Course Description: The course employs in-class lectures,case methodologies, & online learning activities. Emphasis is on quantitative decision analysis techniques, capital budgeting decision making, cost behavior & variance analysis, financial planning, budgeting & control.

  25. Please briefly explain why it is necessary and/or desirable to add this course: Needed for program/concentration/certificate change
  26. What is the need or demand for this course? (Indicate if this course is part of a required sequence in the major.) What other programs would this course service? PHC 6161 is a required course for the Master of Health Administration degree.
  27. Has this course been offered as Selected Topics/Experimental Topics course? If yes, how many times? No
  28. What qualifications for training and/or experience are necessary to teach this course? (List minimum qualifications for the instructor.) In addition to a doctorate degree, the instructor needs to be well-versed in: quantitative decision analysis techniques, capital budgeting decision making, cost behavior and variance analysis.
  29. Objectives: There are three major categories in which students are to achieve successful outcomes for the course and satisfy the competencies of the course. General Knowledge refers to the broader understanding of the financial management methodology and its application and relevance to health care organizations operational problems as they relate to its economic performance. Practical Application refers to the students’ ability to analyze example problems, cases, and data sets using the tools and software discussed and illustrated in the course. Integrative Learning refers to the advanced skills students are expected to gain in the course that permits students to combine seemingly mutually exclusive techniques effortlessly in solving more complex financial management and costing problems.
  30. Learning Outcomes: To successfully complete the course, each student must be able: To demonstrate analytical thinking skills and an understanding of the concepts, tools and practices of modeling and analyzing managerial decisions and then apply the modeling and analysis approaches for people, organizations, and society; To accurately and correctly define, diagnose, formulate, and solve management problems and dilemmas; To conduct sensitivity analysis on solved problems allowing for more in-depth interpretation and more meaningful proscription for improvement; To apply the basic methods of financial and managerial accounting to generate reports and other management tools, e.g., financial statements and organizational budgets; To perform financial mathematical (time value of money) calculations to generate solutions to problems ranging from single projects to multiple competing projects (capital budgeting); To read and interpret financial data from various sources and in different forms, to extract the

    salient and relevant points from the data, to transform the data into useful information, and then to use appropriate software to create spreadsheets, tables, graphs and charts to display the analytical findings effectively; To assess the data requirements, limitations, assumptions, outputs, and benefits of applying each of the financial methods and accounting techniques for a given problem; To learn the relevance and function of the scientific method in addressing, analyzing, and solving typical health care organizational problems; To determine the appropriate methods and models to apply to a given management problem; To demonstrate the ability to creatively integrate disparate quantitative techniques to solve unique management problems that could not be solved using only a single technique.

  31. Major Topics: Time Value of Money, 3rd Party Payers, Risk and Return, Financial Statements, Rate Setting / Risk Sharing, Ratio Analysis, Capital Budgeting, Debt & Equity Financing, Cost of Capital, Securities & Leasing, and Forecasting & Pro Formas.
  32. Textbooks: Gapenski LC, Understanding Healthcare Financial Management, 5TH Edition,

    AUPHA/HAP, 2007

    ISBN: 1-56793-264-9; ISBN 13:978-1-56783-264-5

  33. Course Readings, Online Resources, and Other Purchases: Course material is updated weekly on the course web site under the menu item “Weeks.” Sessions may be recorded with all students free to view the recorded sessions.
  34. Student Expectations/Requirements and Grading Policy: Attendance is required with penalties affecting the student’s Participation score.


    5 - 7 In-class Quizzes (1 point each) 5-7%

    2 Tests (24 points each) 42%

    Final Exam 20%

    Homework (maximum of 6 assignments) 12%

    Project Proposal 10%

    Class Participation 10%

    TOTAL 100%

  35. Assignments, Exams and Tests: 1. There are 5-7 topic-quizzes scheduled for the course. They are based on the previous week’s lecture material and typically does NOT measure comprehension but attention to concepts. Each one is worth 1 point; ½ a point for just taking the quiz and ½ a point for passing the quiz (making at least a 67% on the quiz). By taking at least 80% of the quizzes (or 6 quizzes, whichever is greater) will guarantee extra credit towards class participation.

    2. There are 2 tests and a final exam; all have take-home components (13 points for the tests and the final) and an in-class portion (8 points for the tests and 7 points for the final). Each exam will be primarily problems requiring the application of analytical techniques learned in the course. Types of questioning include multiple-choice, true/false, multiple answers, and some short written responses. The final may be comprehensive, but will concentrate on the latter part of the course. If on any take-home portion of an exam the class average is at least 76, weight will shift from the take-home portion to the in-class portion at the rate of 1 point for every 4 points above 76 on the take-home.

  36. Attendance Policy: Course Attendance at First Class Meeting – Policy for Graduate Students: For structured courses, 6000 and above, the College/Campus Dean will set the first-day class attendance requirement. Check with the College for specific information. This policy is not applicable to courses in the following categories: Educational Outreach, Open University (TV), FEEDS Program, Community Experiential Learning (CEL), Cooperative Education Training, and courses that do not have regularly scheduled meeting days/times (such as, directed reading/research or study, individual research, thesis, dissertation, internship, practica, etc.). Students are responsible for dropping undesired courses in these categories by the 5th day of classes to avoid fee liability and academic penalty. (See USF Regulation – Registration - 4.0101,

    Attendance Policy for the Observance of Religious Days by Students: In accordance with Sections 1006.53 and 1001.74(10)(g) Florida Statutes and Board of Governors Regulation 6C-6.0115, the University of South Florida (University/USF) has established the following policy regarding religious observances: (

    In the event of an emergency, it may be necessary for USF to suspend normal operations. During this time, USF may opt to continue delivery of instruction through methods that include but are not limited to: Blackboard, Elluminate, Skype, and email messaging and/or an alternate schedule. It’s the responsibility of the student to monitor Blackboard site for each class for course specific communication, and the main USF, College, and department websites, emails, and MoBull messages for important general information.

  37. Policy on Make-up Work: Deadlines not specified in the syllabus will be made during the course. Students need to adhere to the deadlines to receive full credit for submitted materials. In the case of a missed assignment deadline due to illness or an emergency, students should contact the instructor both on the phone and on email. COPH policy:
  38. Program This Course Supports: Master of Health Administration (MHA)
  39. Course Concurrence Information: This course would also service the Master of Public Health - Public Health Administration degree.

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