Course Details

1. Describe the health financing mechanisms and identify the healthcare market particularities.
2. Describe the financial accounting and cost accounting information and present the utilization of this information for the management decision making processes in the health organizations.
3. Present the activities related to the functioning of the financial services of the Health Organizations and describe the tools and techniques utilized in the financial management.
4. Explain how the basic functions of financial asset management and working capital management affect the overall business development of the Health Organizations.
5. Use the financial ratio analysis by taking values from the financial statements.
6. Use specific tools to measure the return on investment. Define the techniques of financial risk management.
7. Evaluate the effects of the introduction of the DRGs based reimbursement model, in the financial management of the Health Organizations.

Methods of financing Health care

Financial Management of Health care Organizations

Functions of Hospital Financial Services

Programming, Planning, Budgeting Systems in the Public Health and Welfare Units

Double-Entry Accounting System and financial planning in Public and Private Health Units

Financial Statement Analysis

Costing and pricing in hospital services

Working capital management

Investment analysis for health organizations

Hospital logistics

Economic effects after DRGs implementation

Financial implications of  “managed care” models

• Xanthakis M., Alexakis C., 2006, Business Financial Analysis (in
• Polyzos N., 2007, Financial Manangement (in Greek),Ed. Dionikos, Athens

• Gapenski L., “Financial analysis and decision making for healthcare organizations: a guide for the healthcare professional “, Chicago : Irwin Professional Pub., c1996
• Mellett H., Marriott N., Harries S., 1993, Financial Management in the NHS, Chapman and Hall, London
• Berman H., Kukla S., Weeks L., “The financial management of hospitals”8th ed. Ann Arbor, Mich , 1994
• Perrin J., 1991, Resource Management in the NHS, Chapman and Hall, London

We use a variety of teaching methods to meet different learning styles and needs of the course. This means that the student can expect a set of lectures, seminars, case studies and learning based on group discussions and problems (problem solving, student oriented). The result is a rich learning experience where students can benefit from courses which are relevant, practical and current.
Graduate students are required to participate during their studies in scientific activities (conferences, workshops) objects associated with the Program enriching their knowledge with additional knowledge to the theoretical and practical training in relation to their practical training and preparation of their thesis work.
Courses other than teaching or instructional books proposed by each teacher to study their contents usually offer several other forms of additional teaching materials such as notes, educational CD / DVD, Internet courses, or hung on the website of the Department or the educational platform (e-class) of the graduate program                                                         .
It is possible, at the discretion of the teacher, lessons supplemented by classroom exercises and assignments, individual or group, to better their strengthening. In any case, at the discretion of the teacher to determine the specific requirements of the exercise (or exercises) in each course, or other work, which should prepare the student for the course.