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.
Course Description
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...
Course Objectives
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.
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.
Course Content
Additional Info
Format
5-20 min. videos, 2 quizzes, and a final assessment
Field of study
Computer Software & App
CPE Credits
CPEs 2.5
Prerequisites
Completion of Wisdify’s prior courses in Healthcare Accounting & Finance (Recommended)