Healthcare Financial Management, Department of Business Management - Adjunct Faculty
- Job Ref:
- Adjunct Faculty
- Part time
Global Health Services and Administration
Department of Business Management
University of Maryland Global Campus (UMGC) seeks adjunct faculty to teach online in the Global Health Services and Administration program. Specifically, we are seeking faculty for the following courses:
Healthcare Financial Management (HMGT 322, 3 Credits)
Prerequisite: HMGT 300 (or BMGT 361) and HMGT 310. 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, 3 Credits)
Prerequisite: HMGT 300 (or BMGT 361) and HMGT 310. 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, 3 Credits)
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 free market and mixed market economies; barriers to free market economies; 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, working capital, capital budgeting and investment in relation to net present value and value added to the organization, and other financial management techniques are also explored.
Strategic Financial Management in Healthcare (HCAD 645, 3 Credits)
Prerequisite: HCAD 640. 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.
Required Education and Experience
Master's degree in Healthcare or related field from an accredited institution of higher learning.
Professional experience in healthcare or related field.
Experience teaching adult learners online and in higher education is strongly preferred.
This position is specifically to teach online.
Preferred Education and Experience
Terminal degree in Healthcare or related field from an accredited institution of higher learning.
Materials needed for submission
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 are continuing their education to better themselves, their families, and their professional opportunities. UMGC is also a leading higher education provider to the U.S. military, enrolling 55,000 active-duty service members, reservists, National Guard members, veterans, and family members annually. We are proud of our military heritage and are committed to this service.
The Adjunct Faculty Role at UMGC
UMGC is committed to helping students achieve success not only with us, but also in their professional fields. As a result, we actively seek faculty members who are scholar-practitioners: professionals who are actively and successfully engaged in their field who additionally wish to help the next generation of professionals grow in their knowledge and expertise through education. Your role as an adjunct faculty member will be to:
Actively engage students through frequent interaction that motivates them to succeed, and conveys a genuine energy and enthusiasm for their learning.
Guide students in active collaboration and the application of their learning in problem- and project-based learning demonstrations.
Provide rich and regular constructive feedback, utilizing rubrics effectively for the assessment of student work, and acknowledging student accomplishments.
Demonstrate relevant and current subject-matter expertise, and help students connect concepts across their academic program.
Provide feedback to your program chair on possible curricular improvements.
The Global Health Services and Administration Program at UMGC
Please visit the following link to learn more about this program, including its description, outcomes, and coursework:
Faculty Training at UMGC
We are committed to your professional success at UMGC. Each new faculty member is required to successfully complete our online two-week new faculty orientation, FacDev 411, as a condition of hire.
Position Available and will Remain Open until Filled
Salary Commensurate with Experience
All submissions should include a cover letter and resume. UMGC offers competitive compensation and comprehensive benefits for qualifying positions, such as tuition remission, generous leave and healthcare. For detailed benefits information, please visit: https://careers.umgc.edu/benefits.html.