Key Aspects of Financial Management
CEU
Cost
Time to Start
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Overview
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This course covers budgeting and some of the sources of revenue and expenditures associated with health services organizations, including those that provide clinical services. It provides a high level introduction to Financial Management concepts and skills like managing a budget, and it will also expose you to financial performance improvement tools in more depth.
This learning opportunity topic is aligned with one or more of the strategic skills.
This learning opportunity addresses training topics identified in PHWINS 2017.
Reviewers say, "The two exercises in the training will require you to download Excel files and open the exercise videos in new windows." And, "If a new registrant to the training provider's portal, remember to check emails to complete full registration process. You will need to do so to access training courses."
What You'll Learn
- List key steps in the budget development
- Identify revenues and expenses that must be accounted for in line-item budgets
- Utilize budget reports to track and manage financial performance
- Identify relevant recoverable costs for health services programs
- Apply basic cost analysis tools to assure that health services organizations
can recover their costs for providing services