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More Than Just a Degree

Mission

Program Mission: To deliver a quality, practicality based, education program that builds transformation leaders who view healthcare through the lens of the patient journey. The program will deliver content that bridges the gaps between the clinical, operational, and financial fields and optimizes best health outcomes while overcoming constraints and mitigating risk to find real solutions to current and future community wellness needs. 

Vision

Program Vision: To create a sustainable interactive learning community dedicated to building healthcare innovators  trained in synthetic thought, to transform the current healthcare system to better the health of the communities and patients that we serve.

Values

Program Values:

  • We entrust the next generation of learners with our resources for the common good for future generations
  • We seek to uphold the dignity and respect of all learners through fair treatment, honest interactions, and respect.
  • In order to advance our mission, we learn in an environment of collegiality, service, and curiosity with honor of the whole person – learner within our community.
  • By participation in our community, we each assume responsibility and accountability for our actions and words.

Course Descriptions

PHSM 501 – Actuarial Science and Epidemiology in Determining Patient Outcome I

Description: Explores the relationship between epidemiology and actuarial science in the context of dynamic population health. Examines the basics of insurance with analysis dissecting to the patient level to create care plans which mitigate risk and promote best patient outcomes.

PHSM 503 – Actuarial Science and Epidemiology in Determining Patient Outcome II

Description: Principles of epidemiology and actuarial sciences are further explored. An overview of healthcare/insurance models and their limits, challenges of risk identification and management, the intersection with provider contracting, fee for value, risk arrangements is presented in the context of promoting individual best patient outcomes.

PHSM 510 – Management of Population Focused Healthcare 

Description: Introduction to the changes in healthcare that are occurring as the U.S. changes the way it pays for healthcare – from “fee-for-service payments”(FFS) to “value-based payments” (VBP) – to improve the “value” of U.S. healthcare and, thereby, the health of its population. Topics include present and future types of VBP plans in the U.S., operational changes that healthcare organizations make to help them succeed under VBP plans, and healthcare organizations’ processes for selecting VBP plans in which they can succeed in the coming decade.

PHSM 517 – Principles of Healthcare Business I

Description: Overview of healthcare accounting and finance to strengthen competencies and address financial reports and statements unique to healthcare. Provides a practical overview of risk-sharing arrangements, managed care contracts and profitability ratios. Participants in this course will have the opportunity to earn the HFMA Certified Specialist Accounting & Finance.

PHSM 519 – Principles of Healthcare Business II 

Description: Explores the evolution of healthcare service delivery and payment. Highlights healthcare transformation, including the shift from volume to value, quality, patient satisfaction, competition on cost and the evolution of the payment system. Attention is given to the changing roles of managers in healthcare finance. Participants in this course will be utilizing the HFMA Business of Health Care ®.

PHSM 520 – Healthcare Finance Mastery

Description: A broad range of essential business and financial skills are explored. Provides an overview of modern healthcare business dynamics and theories of application. Participants in this course will have the opportunity to earn the HFMA Certified Healthcare Financial Professional credential.

PHSM 530 – Health System Business Intelligence

Description: Framework for analyzing data and tools to facilitate decision making in healthcare organizations. Participants in this course have the opportunity to earn the Healthcare Financial Management Association Certified Specialist Business Intelligence credential

PHSM 535 – Healthcare Business Analytics in Revenue

Description: Discussion and application of business analytics. A systematic overview of how to inspect, clean, transform, and model data with the goals of highlighting useful information, suggest conclusions, and support decision-making within the Healthcare Revenue Cycle.

PHSM 540 – Revenue Cycle Mastery in Healthcare

Description: Examination of concepts related to the healthcare revenue cycle. An overview of the entire revenue cycle and its influence of the financial outcomes of the healthcare organization is provided. Participants in this course have the opportunity to earn the Healthcare Financial Management Association Certified Revenue Cycle credential as part of this course

PHSM 591 – Project

Description: Execution of a substantial exercise that demonstrates the ability to successfully and independently carry out a professional activity similar to what is encountered in the professional workplace; archival of the results of the project is required according to standards approved by the Graduate College. Pass/fail only.