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BMG 545
Term 4
3 credits

Healthcare Technology Leadership and Finance

Healthcare Technology Leadership and Finance provides graduate students with essential skills for managing and leading technology departments in healthcare settings. The curriculum emphasizes the critical integration of financial management with strategic technological planning, covering topics such as operational budgeting, capital expenditure justification, and life-cycle cost analysis for medical devices and IT systems. Students will learn to analyze financial statements, develop sound business cases for technology acquisitions, and negotiate complex vendor contracts while adhering to regulatory and organizational guidelines. The course also explores best practices in resource allocation, risk management, and fostering innovation, preparing future leaders to drive technological advancement and financial sustainability in healthcare organizations. Through practical application and case studies, participants will develop a comprehensive understanding of the financial responsibilities inherent in healthcare technology leadership.

Course outline

Lectures, virtual labs, and graded assignments — completed in your browser.

01Lesson 1: The Role of Leadership in Healthcare Technology Managementlecture
02Lesson 2: Financial Principles for Healthcare Technology Leaderslecture
03Lesson 3: Operational Budgeting for Technology Departmentslecture
04Hands-on Lab: Developing an Annual Operating Budgetlab
05Lesson 5: Capital Planning and Investment Justificationlecture
06Lesson 6: Financial Analysis Techniques for Technology Acquisitionslecture
07Lesson 7: Understanding and Managing Technology Lifecycle Costslecture
08Hands-on Lab: Capital Equipment Acquisition Analysislab
09Lesson 9: Strategic Sourcing and Vendor Relationship Managementlecture
10Lesson 10: Negotiating and Managing Healthcare Technology Contractslecture
11Hands-on Lab: Vendor Contract Review and Negotiation Simulationlab
12Lesson 12: Performance Metrics and Financial Reporting in Technology Operationslecture
13Lesson 13: Risk Management and Compliance in Technology Financelecture
14Capstone Service Project: Strategic Financial Plan for a Healthcare Technology Initiativeassignment

Syllabus

["Week 1: Lesson 1: The Role of Leadership in Healthcare Technology Management","Week 2: Lesson 2: Financial Principles for Healthcare Technology Leaders","Week 3: Lesson 3: Operational Budgeting for Technology Departments","Week 4: Hands-on Lab: Developing an Annual Operating Budget","Week 5: Lesson 5: Capital Planning and Investment Justification","Week 6: Lesson 6: Financial Analysis Techniques for Technology Acquisitions","Week 7: Lesson 7: Understanding and Managing Technology Lifecycle Costs","Week 8: Hands-on Lab: Capital Equipment Acquisition Analysis","Week 9: Lesson 9: Strategic Sourcing and Vendor Relationship Management","Week 10: Lesson 10: Negotiating and Managing Healthcare Technology Contracts","Week 11: Hands-on Lab: Vendor Contract Review and Negotiation Simulation","Week 12: Lesson 12: Performance Metrics and Financial Reporting in Technology Operations","Week 13: Lesson 13: Risk Management and Compliance in Technology Finance","Week 14: Capstone Service Project: Strategic Financial Plan for a Healthcare Technology Initiative"]