In this Specialization, you'll build healthcare finance and business strategy skills for real-world organizational decisions. You'll learn how healthcare money flows across providers, health plans, employers, government, and pharmaceutical organizations. You'll read key financial statements, connect budgets to financial condition, and assess revenue, expenses, assets, liabilities, equity, cash flows, and risk.
You'll also study business, corporate, and functional strategy in healthcare. You'll use market, competitor, environmental, customer, value chain, and VRIO analysis to evaluate opportunities and challenges. The Specialization also covers FP&A, capital budgets, long-term financing, debt covenants, credit ratings, bonds, benchmarking, strategic alternatives, mergers and acquisitions, partnerships, organizational design, and strategic leadership.
This Specialization is best for healthcare providers, payers, administrators, and career changers who want practical finance and strategy fluency. By the end, you’ll be able to:
Interpret healthcare financial statements and connect budgets to financial health
Analyze revenue, expenses, reimbursement models, capital needs, and financial risk
Evaluate healthcare markets, customers, competitors, service lines, and strategic options
Link strategic plans to organizational effectiveness, leadership, and implementation
Applied Learning Project
Across the Specialization, you'll apply concepts through discussions, quizzes, assignments, and a course project. In finance work, you'll read balance sheets, income statements, statements of cash flows, notes, and MD&A; identify revenue, expenses, assets, liabilities, and equity; and connect budgets, working capital, capital budgets, debt, bonds, credit ratings, covenants, ratios, KPIs, benchmarking, and operating indicators to financial condition. In strategy work, you'll assess healthcare service lines with industry, competitor, PESTEL, customer, value chain, and VRIO analysis. You'll propose improvement opportunities, outline how to get a business strategy plan approved, compare diversification, M&A, partnerships, and joint ventures, and connect functional strategies, leadership, and implementation to organizational goals.
