Adjunct Faculty

Healthcare Financial Management

Department of Marketing, Management, and Health Care Administration

UMGC Stateside

Location: Stateside Remote

University of Maryland Global Campus (UMGC) seeks adjunct faculty to teach in the Health Care Administration program remotely. Specifically, we are seeking faculty for the following course(s):

Healthcare Financial Management (HMGT 322):

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):

 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):

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 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, and other financial management techniques are also explored.

Strategic Financial Management in Healthcare (HCAD 645):

 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. Macroeconomic principles are investigated as they relate to the healthcare system. Analysis covers free market and mixed market economies, barriers to free market economies, and the application of macroeconomics as an analytical tool to craft economic and fiscal policy.

Required Education and Experience:

• Terminal degree in Healthcare Management, Public Health, Health Admin, or a related field from an accredited institution of higher learning

• 5 years directly relevant, current and active industry experience in Healthcare.

• 3 years of experience teaching adult learners online and in higher education.

• This position is specifically to teach remotely.

Preferred Education and Experience:

• Hold one or more certification such as CPHIMS, CHDA, CHFP, CPA, CPHQ, LSSGB/LSSBB, PMP, FACHE, RHIA/RHIT/CHDA/CHPS/CPHIMS, FACHE/CHFP/CPA, PMP, CISSP

Materials needed for submission:

• Resume/Curriculum Vitae

• 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 though 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 Healthcare Administration program at UMGC

Please visit Online Healthcare Administration Master's Degree | UMGC 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.

The University of Maryland Global Campus (UMGC) is an equal opportunity employer and complies with all applicable federal and state laws regarding nondiscrimination. UMGC is committed to a policy of equal opportunity for all persons and does not discriminate on the basis of race, color, national origin, age, marital status, sex, sexual orientation, gender identity, gender expression, disability, religion, ancestry, political affiliation or veteran status in employment, educational programs and activities, and admissions.

Workplace Accommodations:

The University of Maryland Global Campus Global Campus (UMGC) is committed to creating and maintaining a welcoming and inclusive working environment for people of all abilities. UMGC is dedicated to the principle that no qualified individual with a disability shall, based on disability, be excluded from participation in or be denied the benefits of the services, programs, or activities of the University, or be subjected to discrimination. For information about UMGC's Reasonable Workplace Accommodation Policy or to request an accommodation, applicants/candidates can contact Employee Accommodations via email at employee-accommodations@umgc.edu. 

Benefits Package Highlights:

• Health Coverage: Access to health care, medical with vision, dental, and prescription plans for both individuals and families, effective from the 1st of the month following your hire date. NOTE:  Adjuncts are not eligible for the State of Maryland subsidized rates.  Adjuncts would be responsible for the total cost if enrolled.
• Insurance Options: Term Life Insurance and Accidental Death and Dismemberment Insurance.
• Supplemental Retirement Plans: include 401(k), 403(b), 457(b), and various Roth options. The university does not provide matching funds.

For additional information please see: SS Adjunct Faculty_2020.pdf (umgc.edu)

Hiring Range by Rank and Degree:

Instructor: No Terminal Degree: Step 1 $806 - Step 11 $1,050 per credit hour

Assistant Adjunct Professor: No Terminal Degree Step 1 $877 - Step 11 $1,127 per credit hour

Assistant Adjunct Professor: Terminal Degree Step 1 $1,023 - Step 11 $1,288 per credit hour

Associate Adjunct Professor: No Terminal Degree Step 1 $947 - Step 11 $1,205 per credit hour

Associate Adjunct Professor: Terminal Degree Step 1 $1,202 - Step 11 $1,483 per credit hour

Adjunct Professor: No Terminal Degree Step 1 $1,023 - Step 11 $1,288 per credit hour

Adjunct Professor: Terminal Degree Step 1 $1,347 - Step 11 $1,645 per credit hour