Developing Quantitative Skills
during your MHA Studies
Sean Gregory, MBA, MS, PhD
gregory@tamhsc.edu
Problems Facing Managers
• Problems facing Health Care Managers are inherently
quantitative in nature
• Consider the “Triple Aim”
• Increase Quality
• Reduce Costs
• Improve the Patient Experience
• Consider the shift from Fee for Service to Fee for Value
• Significant change to nature of Revenue
• Accountable Care Organizations (ACOs)
• Risk bearing requirements
What tools do I need?
• Microsoft Excel
• Your new best friend!
• Proficiency with Excel is a basic requirement
• Primer/tutorial is your first assignment in PHPM 623
• Plenty of materials available online and in hard copy to help
you gain proficiency
• http://sunburst.usd.edu/~bwjames/tut/excel/
• Youtube
• Excel manuals available at the bookstore
• Case Studies in PHPM 623 come with Excel spreadsheets to
assist you in your analysis
An Overview of the Finance Track
• Health Care Finance I
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Basic rules and structure of Managerial Accounting
Accounting Basics
Analysis of Financial Statements
Budgets
Reporting
Time Value of Money
• Health Care Finance II
– Time Value of Money
– Core Finance Concepts
• Debt Financing
• Equity
• Leasing
– Risk Assessment
– Basic Financial Case Analysis
– Capital Budgeting
Finance vs. Financial Management
• Finance vs. Financial Management
• Employment of the tools and theory we have reviewed in case-based,
problem solving activities
• The idea is to begin to understand how to manage the financial aspects of
Health Care Organizations, or at least participate in those discussions (e.g.
governance etc.)
– Review of some concepts
• Financial Statements, Leases, Capital Structure
– Focus on most contemporary topics
• Joint Ventures, Business Valuation (for M&A)
• Risk Analysis
• Capitation and Provider Payment Systems
• Working Capital and Cash Management