Accounting for Healthcare Technology Investments

13 Lessons

CPEs 3.0

Accounting

Learn how to assess, account for, and report on healthcare technology investments such as EHR systems, AI tools, and SaaS platforms. This course guides finance professionals through ROI analysis, capitalization rules, amortization methods, and financial reporting best practices in a healthcare setting.

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Course Description

This course, led by instructor Mike Carroll, provides an in-depth exploration of the financial and accounting considerations surrounding healthcare technology investments. From electronic health records (EHRs) and telehealth platforms to AI tools and cloud-based SaaS systems, learners will examine the strategic and technical processes for evaluating and managing tech-enabled assets in healthcare environments.

Key learning objectives include calculating return on investment (ROI), understanding total cost of ownership, and applying models like payback period, NPV, and IRR. Participants will also learn how to differentiate between capitalizable and non-capitalizable costs under GAAP and IFRS, apply appropriate amortization methods, and identify disclosure requirements relevant to patient data systems, software licenses, and deferred revenue.

The course concludes with a detailed review of how these technology assets are reflected on financial statements, including the income statement, balance sheet, and cash flow statement. Ideal for CPAs, healthcare finance professionals, and accounting teams working with health tech investments, this course equips you with the knowledge to ensure accurate reporting, strategic investment decisions, and compliance with financial standards.

In this course, you'll learn...

Course Objectives

To assess the return on investment (ROI) for healthcare technology assets such as HER systems and telehealth platforms.

To accurately account for and report on capitalized healthcare technology investments and their amortization.

To apply best practices in financial reporting for tech-enabled healthcare services to ensure compliance and transparency.

To analyze financial risks and compliance challenges associated with healthcare technology investments.

To develop strategies for integrating healthcare technology accounting into the organization’s financial planning process.

How you'll apply these skills...

Evaluate healthcare technology investments using ROI, NPV, IRR, and payback period calculations to support strategic financial decisions.

Distinguish between capitalizable and non-capitalizable costs for software and tech-enabled services under GAAP and IFRS.

Apply appropriate amortization methods (e.g., straight-line, double declining, units of production) to healthcare IT and intangible assets.

Perform cost-benefit and sensitivity analyses to anticipate financial risks and validate investment outcomes.

Identify financial reporting impacts and ensure proper disclosure of capitalized software, deferred revenues, and tech-related expenses.

Navigate the accounting complexities of SaaS models, including impairment testing, cost categorization, and useful life assessments.

Course Instructor

Michael Carroll, CPA, CISA, CISM

Michael is an accounting and information security professional. He is also an Adjunct Professor at several higher education institutions, where he is responsible for teaching various accounting and information technology courses.

Michael earned his MBA in Accounting and B.S. in Accounting / Accounting Information Systems from Canisius University. Additionally, Michael is a Certified Public Accountant (CPA) and a Certified Information Systems Security Professional (CISSP). Michael is a current member of the NYCPA’s Education Committee and has been an Advisory Board Member for the Academy of Finance (AOF) since 2020.

Michael enjoys traveling, hiking, and watching the Buffalo Bills. He has also participated in several marathon events.