Description
“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:
- Value based compensation models
- Financial fluency and communication
- Financial statement analysis
- Capital spending
- Budgets and resource allocation
- Business planning
- Strategic financial decision making
- Cost, profit, margin calculation
- Time value of money
- Much more
