Financial Decision Making In Healthcare Practice Certificate 5.0 CME

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Financial Decision Making In Healthcare Practice Certificate 5.0 CME

$229.99

This activity has been approved for 5.0 AMA PRA Category 1 Credits™

COVID 19 is making times very difficult for healthcare practice in every setting.  Only the most informed financial decision making will do.  No healthcare organization can afford to waste time or money.  

“A very good learning experience. Having examples or scenarios to help explain the important points really helps.  A difficult topic MBA explained in a simplified manner. Should be included in the medical degree program before graduation.”

“I wish I had run across this material 14 years ago when I finished residency.  But all these years, I have been a passive member of my organization without thinking of anything beyond.  But better late than never. “

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Description

This activity has been approved for 5.0 AMA PRA Category 1 Credits™

“No money, No mission”

The phase is often at the center of fundraising efforts of churches, charities, and most non-profits organizations of all kinds.  The fact is, this four word phase is the centerpiece of every business entity.  The manner in which financial decisions are made in any organizations is critical to the success of that organization.  In healthcare, informed financial decisions are closely aligned with patient outcomes.  The more efficiently resources are gathered and used, the better the patient experience.  This program, consisting of 5 courses, will address the finance knowledge we all should have received as part of our medical education.  The skills will improve the decision making skill that you employ every day.  This program delivers MBA level business skills in the following:

 

  • Practice overhead/expense analysis
  • Financial fluency
  • Financial communication
  • Financial statement analysis
  • Capital spending
  • Own/lease decisions
  • Raising capital
  • Budgets formation
  • Healthcare accounting
  • Business planning
  • Strategic financial decision making
  • Cost, profit, margin calculation
  • Time value of money
  • Much more

4 Courses

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