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Dec 02, 2024
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HCML 440 - Business Planning in Healthcare 5 CR
Previously RAIM 440. Covers planning and developing a business venture within the healthcare industry. Includes plan development, pro-forma budget, estimates of market audience and planning, sources of financing, tracking response and success. Case studies are used to bring a contextual focus on specific departments and organizations in the healthcare industry.
Prerequisite(s): RAIM 401 or HCML 401 , and admission into the program, or permission of Program Chair.
Course Outcomes • Analyze the essential elements of a business plan and define associated terminology • Develop a business plan including the essential elements • Evaluate risk to the existing operations associated with business scenarios in the healthcare industry • Develop presentation and supporting material to present a business scenario concept to various stakeholders and potential investors • Assess legal, ethical and conflict-of-interest issues that may relate to the business scenario in the healthcare industry • Debate key elements in the selection of the management team for healthcare organizations
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