Capella University

DHA8007: Strategic Financial Management in Health Care

A guide to Capella's doctoral course on using financial information to make sound decisions in a health care organization.

Updated October 2026 · 5 min read

DHA8007 is a six-credit course for Capella University's Doctor of Health Administration students. The catalog says the focus is the appropriate use of financial information in a health care organization's decision-making.

Students examine the fundamentals of organizational stewardship, including information management, short and long-term investment planning, and ethical and professional accountability.

They also demonstrate the skills to develop and implement short and long-term projects and to gain the stakeholder support needed to reach financial goals. The catalog adds that it cannot be fulfilled by transfer.

Course at a Glance

ItemDetails
UniversityCapella University
Course codeDHA8007
Credits6
LevelDoctoral
RestrictionDHA students only; cannot be fulfilled by transfer
Typical workFinancial analyses, investment proposals, scholarly papers on stewardship

What DHA8007 Covers

Catalog themeWhat it involves
Use of financial information in decisionsReading statements, ratios and budgets to guide choices
Organizational stewardshipManaging resources responsibly for the organization and its community
Information managementReliable, timely data for finance decisions
Short and long-term investment planningOperating budgets and capital projects
Ethical and professional accountabilityTransparent, honest financial leadership
Stakeholder supportBuilding the case with boards, clinicians and funders

Together these point to two skills: analyzing the numbers, and persuading people to act on them. Doctoral assignments usually need both.

Key Concepts Explained

Financial Health Measures

Common indicators include operating margin (operating income divided by operating revenue), days cash on hand and days in accounts receivable. Each tells a different story about sustainability, so a good analysis uses several and compares them with a benchmark or trend.

Example: A hospital reports operating revenue of $200 million and operating expenses of $194 million. Operating income is $6 million and operating margin is 3 percent. If the margin was 5 percent last year, the analysis asks why: lower volume, rising labor costs or payer mix. The recommendation depends on that answer.

Capital Investment and Net Present Value

Net present value (NPV) discounts future cash flows to today's value at a chosen rate, then subtracts the initial cost. A positive NPV suggests the project adds value at that rate.

Example: A clinic equipment purchase costs $500,000 and is expected to generate $150,000 a year for five years. At a discount rate of 8 percent, the present value of those inflows is about $599,000, so NPV is roughly $99,000. The paper should also test a higher discount rate and lower volumes before recommending the purchase.

Stewardship and Ethics

Stewardship means decisions serve the organization's mission and community, not only short-term margins. Discuss transparency, conflicts of interest and fair allocation when your case involves trade-offs between profit and access.

Typical Assignments and How to Approach Them

Assignment typeWhat it testsHow to approach it
Financial analysis of an organizationInterpreting dataCalculate key measures, compare with benchmarks, explain drivers
Investment or project proposalPlanning and justificationPresent costs, benefits, risks and a decision rule such as NPV
Stewardship and ethics paperScholarly reasoningUse peer-reviewed sources and a clear ethical framework
Stakeholder communicationPersuasionTailor the message to each audience and anticipate objections

Building Stakeholder Support

A sound financial plan can still fail if people do not support it. Doctoral papers should show who must be convinced and what each group cares about.

StakeholderLikely concernHow to address it
BoardRisk and returnScenarios, a clear decision rule, a review plan
CliniciansQuality and workloadShow patient benefit and staffing impact
Finance teamAssumptions and dataDocument sources and sensitivity tests
CommunityAccess and trustExplain how the mission is protected

Ratios Worth Knowing

MeasureWhat it showsWatch for
Operating marginProfit from core operations as a share of revenueTrend over several years
Days cash on handHow long cash covers operating costsComparison with peers and lender requirements
Days in accounts receivableHow quickly bills are collectedRising days point to billing or payer problems
Debt service coverageAbility to pay debt from earningsCovenant thresholds

No single ratio tells the full story. Use several, compare them with a benchmark or earlier years, and explain what is driving the change before recommending action.

Where Students Get Stuck

Study Tips for DHA8007

How We Help with DHA8007

Send the assignment, any data, the scoring guide and readings. A writer with finance and health administration experience can prepare a custom analysis, walk through a calculation, or review your draft for logic and APA.

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Frequently Asked Questions

How many credits is DHA8007?

The Capella catalog lists 6 credits.

Can I transfer credit for DHA8007?

The catalog states it is for DHA students only and cannot be fulfilled by transfer.

What financial topics should I expect?

The catalog names information management, short and long-term investment planning, and ethical and professional accountability, with stakeholder support for financial goals.

Do I need advanced math?

Mostly applied arithmetic and spreadsheet work such as ratios and discounted cash flow. The emphasis is on interpretation and decision making.

What is NPV in simple terms?

The value today of expected future cash flows from a project, minus its cost, using a chosen discount rate.

Can you complete my financial analysis for submission?

No. We provide custom analyses, explanations and feedback. You complete and submit your own work.