The Basics of Health Care Accounting and Auditing  

Upon successful completion of this course, the user should be able to:

• recognize a basic understanding of significant health care industry changes including the reform of the health care financing system,

• identify the different roles of the internal and external auditor in the health care setting,

• recognize the importance of the hospital revenue cycle and its implications on continuing financial viability,

• identify the importance of performance metrics and to define key metrics to be used in evaluating revenue cycle processes,

• recognize the importance of hospital supply chain management and the goals of an effective hospital supply chain process,

• recognize the importance of including effective disaster recovery planning as a part of overall hospital supply chain management,

• recognize the significance of the funding problem with the Medicare trust fund, and

• identify the basics of Medicare payment for hospital services including recent changes and their implications.