EHR 230 - Practice Management

3 Credit Hours

This course provides students with information about designing their own practice through projects that the student experiences. The ongoing “create your own practice” projects are used as a portfolio for demonstrating management skills when the student interviews for healthcare positions. At the completion of all of the “create their own” practice activities, the students will have completed a capstone project in the form of a business plan that demonstrates that they have management skills required for entering the management field in healthcare.

Prerequisite(s): EHR 100, EHR 200, EHR 210

Semesters Offered: Spring

RATIONALE OF COURSE

This course is necessary to succeed in the study of Electronic Health Records and Healthcare Information Technology as well as other healthcare professions. Students will develop the business acumen required to work in the healthcare field by learning how a practice operates from the frontline work with patients to the back-end office procedures of the practice. Students will develop an appreciation for the revenue cycle of a practice and how medical records and coding affect the ability of the practice to serve patients and be financially successful. Students will also learn the roles and responsibilities of employees who work in a practice and how they contribute to the mission and vision of the practice.

COURSE COMPETENCIES

Upon successful completion of this course, the student should be able to:

Distinguish among entrepreneur-operated businesses, sole proprietorships, partnerships, and corporations.
Define the elements of a business plan and develop a plan for the proposed practice.
Develop a marketing/advertising plan for the practice.
Determine the hiring plan for the practice.
Explain the revenue cycle for a medical practice and articulate the roles medical records and coding play in the billing process.
Demonstrate knowledge of the audit and compliance requirements of a medical practice.
Evaluate the success of the practice.
Produce a business plan and funding presentation for the practice.