Units / MPH5318
MPH5318 · Healthcare and financial management
2026 Handbook6 credit pointsLevel 5Department of Epidemiology and Preventive Medicine
Last checked: 23 Aug 2026 UTCOverview
The provision of effective healthcare is an essential component of contemporary society. As the average life expectancy increases, so does the expectations and demand of healthcare. These community expectations on healthcare delivery and demand have greater financial costs. Coupled with advances in health technology result in challenging social and financial implications. Students in this unit will examine the basic accounting, financial reporting, budgeting and financial business planning concepts applicable to the healthcare sector. Learners will examine and apply how such principles and techniques are used by healthcare professionals to aid strategic, operational and service delivery decision making.
Offerings
| Campus | Teaching period | Mode |
|---|---|---|
| Monash Online | Teaching period 6 | Monash Online (MO) |
Assessment
The Handbook does not list a final examination among the assessment items. That is not a guarantee there is none.
| # | Assessment | Type | Weight | Hurdle |
|---|---|---|---|---|
| 1 | Development activity (1,500 words) | Exercise | 25% | — |
| 2 | Written report (2,100 words) | Written | 35% | — |
| 3 | Case study (2,400 words) | Written | 40% | — |
Assessment details may change. Please refer to the assessment information in Moodle closer to the start of the teaching period.
Requisites
prohibitions
- MPH5268 — Financial management in health care
Learning outcomes
- Apply accounting terminologies, concepts and processes that underpin the preparation of key financial statements.
- Review the financial reporting requirements of the regulatory framework that applies to the healthcare sector and assess how they impact the preparation and use of financial reporting systems.
- Analyse the statutory financial statements prepared and used by public and private sector health care providers.
- Appraise the various internal management reports typically used in health care organisations and evaluate their use in the day to day management of organisational sub units.
- Interpret operational and capital budgeting processes, and critique their importance in submissions for major items of capital expenditure.
- Critically analyse the importance of business planning and its role in organisational growth and development.
Workload
24 hours per week including directed and self-directed learning (including any asynchronous and synchronous tasks, prescribed activities and independent work).
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