Healthcare Finance Data Analysis in Excel

Turn raw healthcare data into financial insights using Excel. This hands-on course teaches you how to structure data, create dashboards, and perform ROI analysis to support data-driven decision-making in healthcare finance.

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Course Objective:

This course explores how Excel can be used as a powerful tool for analyzing financial data in the healthcare industry. Through immersive, scenario-based learning, students work with real-world datasets to uncover trends, evaluate financial performance, and build models that support strategic decision-making.

Built for professionals working in or alongside healthcare organizations, the course emphasizes practical application over theory. Learners will gain confidence navigating Excel for complex analysis and reporting tasks, while developing a deeper understanding of how data supports operational and financial success in healthcare environments.

Whether you’re in finance, operations, or analytics, this course equips you with the tools and mindset needed to turn data into decisions.

In this course, you'll learn...

  • To understand healthcare-specific revenue and cost categories
  • To build structured data tables and dynamic templates
  • To identify critical financial and operational KPIs in healthcare
  • To design intuitive dashboards for executive use
  • To develop cash flow models and ROI analysis for new projects
  • To incorporate scenario analysis and sensitivity testing

How you'll apply these skills...

  • Analyze Healthcare Financial Data: Work with real-world datasets to uncover trends, assess department performance, and identify areas for cost optimization.
  • Build Dynamic Excel Dashboards: Create interactive visual reports tailored for executives, enabling quick interpretation of key financial metrics.
  • Automate Performance Tracking: Use formulas, pivot tables, and slicers to streamline recurring analysis and minimize manual reporting tasks.
  • Model Investment Outcomes: Calculate NPV, IRR, and payback periods to evaluate the financial viability of proposed healthcare projects.
  • Plan for Financial Uncertainty: Incorporate scenario and sensitivity analysis to account for changing assumptions and risk factors in forecasts.
Instructor Image

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.

Additional Info

Corey

Corey is the owner of Wisdify.  He is passionate about learning and development, he loves helping people achieve their professional and personal goals. Corey is a big believer in the power of online learning and community with 15 years of finance and accounting experience.

Kelsey Murphy

Kelsey is Wisdify’s expert content developer. Taking feedback from our students, Kelsey creates extremely relevant blog posts and leads the development of Wisdify’s other free resources.

Prior to Wisdify, Kelsey worked as a business technology strategy consultant for Forrester, a global research and advisory firm. While there, she acted as project manager for numerous research-based consulting projects.

Kelsey earned a BA in Economics and Mathematics from Wellesley College.

Madison Bess

Madison oversees the social media strategy at Wisdify and makes sure we stay closely connected with our students, receive their feedback, and provide our students with valuable information.

Prior to Wisdify, Madison successfully ran the social media accounts for multiple companies. She also found time to start her own personal training company (which she still runs).

Madison earned a BA in English from Brigham Young University.

Maryn Coughran

Maryn is a co-founder and leads the marketing and outreach efforts at Wisdify. She ensures we are connecting with our customers, hearing their feedback, and then implementing their suggestions.

Prior to Wisdify, Maryn co-founded (along with Nate) BostonExcel, a Microsoft Excel training company that worked with dozens of companies in virtually every industry. Maryn’s clients included numerous Fortune 1000 companies, prestigious universities, startups and everything in between. She also happened to write and illustrate a children’s book. Let’s just say she’s a woman of many talents.

Maryn earned a BA in Economics from Wellesley College.

Joe

Joe is the owner of Wisdify.  He is passionate about learning and development, he loves helping people achieve their professional and personal goals. Joe is a big believer in the power of online learning and community with 20 years of finance and accounting experience.

 

The Buckaroos

Gwyn, Jack, and Kate are the adorable tow-heads that lead up Wisdify’s campaigns on cuteness, energy, and sleep-deprivation.