Healthcare Financial Management, Department of Marketing, Management, and Health Care Administration - Adjunct Faculty

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Adjunct Faculty Healthcare Financial Management Department of Marketing, Management, and Health Care Administration UMGC Stateside Location: Stateside Remote University of Maryland Global Campus (UMGC) seeks adjunct faculty to teach in the Health Care Administration program remotely. Specifically, we are seeking faculty for the following course(s): Healthcare Financial Management (HMGT 322): An overview of the acquisition, allocation, and management of the financial resources of healthcare organizations. Economic and accounting practices are discussed in terms of budget administration, cost analysis, financial strategies, and internal controls. The goal is to examine financial information and regulatory requirements and policies, identify issues and solve problems, and make sound financial decisions in the healthcare field. Healthcare Economics (HMGT 435): A comprehensive and analytical study of basic economics and its relationship to the delivery of healthcare. The aim is to apply the principles of economics to healthcare management and to anticipate the impact of economics on the outcomes of healthcare management decisions. Topics include the microeconomic aspects of the organization and delivery of healthcare, financing and other major components of the healthcare system, and economic factors that influence the delivery of healthcare. Financial Management for Healthcare Organizations (HCAD 640): An in-depth study of healthcare economics and the financial management of healthcare organizations. The economic principles underlying the American healthcare market and the financial management of health services organizations within that market are examined. Analysis covers healthcare industry regulation, licensure, and certification and various coverage and healthcare payment mechanisms. Topics also include reimbursement mechanisms and their effect on healthcare provider organizations, managed care, capitation, and per case or per diagnosis payment, as well as how these financial strategies are utilized by third-party payers. Focus is on financial challenges, such as uncompensated care, cost increases, increased competition, and increased regulation, and how healthcare providers should respond to them. Ratio analysis, cost analysis, and other financial management techniques are also explored. Strategic Financial Management in Healthcare (HCAD 645): An in-depth study of the concepts and competencies needed to plan the usage and management of enterprise financial resources to achieve long-term organizational objectives and return maximum value in a volatile healthcare finance environment. Emphasis is on identifying and quantifying available or potential resources, devising a plan for utilizing finances and other capital resources to achieve goals, and capital budgeting and management. Topics also include risk analysis, multiple financing methods, supply chain costs, valuation, and mergers and acquisitions. Current accounts and working capital management are explored, as are strategic planning and financial forecasting. Macroeconomic principles are investigated as they relate to the healthcare system. Analysis covers free market and mixed market economies, barriers to free market economies, and the application of macroeconomics as an analytical tool to craft economic and fiscal policy. Required Education and Experience: Master's degree in Healthcare Management, Public Health, Health Admin, or a related field from an accredited institution of higher learning 5 years directly relevant, current and active industry experience in Healthcare. 3 years of experience teaching adult learners online and in higher education. This position is specifically to teach remotely. Preferred Education and Experience: Terminal degree in Healthcare Management, Public Health, Health Admin, or a related field from an accredited institution of higher learning Hold one or more certification such as CPHIMS, CHDA, CHFP, CPA, CPHQ, LSSGB/LSSBB, PMP, FACHE, RHIA/RHIT/CHDA/CHPS/CPHIMS, FACHE/CHFP/CPA, PMP, CISSP Materials needed for submission: Resume/Curriculum Vitae Cover letter highly preferred If selected, candidates with international degrees may be required to submit a translation/degree evaluation from a NACES approved vendor. Who We Are and Who We Serve UMGC-one of 12 degree-granting institutions in the University System of Maryland (USM)-is a mission- driven institution with seven core values that guide us in all we do. At the top of the list is "Students First," and we strive to do just that for our 90,000 students at home and abroad. From its start in 1947, UMGC has demonstrated its commitment to adult learners. We recognize that adult students need flexibility and options. UMGC is proud to be a global, 24-hour, institution of higher learning. The typical UMGC student is an adult learner juggling a career, family, and other priorities. Roughly 80% work full time, half are parents, and half are minority students. They a