Healthcare Financial Management
INTRODUCTION
Healthcare financial management deals with the business side of healthcare by making sure that facilities provide quality patient care in a fiscally responsible manner.
Proper management of a health organization s finances allows it to improve patient care, minimize risk, make needed investments, and explore new streams of revenue. Financial issues are fundamental in healthcare environment, and managers must be prepared as they endeavour to improve the delivery of health services. This course mixes theory with practice in the process of decision making. Key concepts, glossary terms, learning objectives, and spreadsheet problems are also featured throughout the course, helping learners to make educated financial decisions in even the most unpredictable provider settings.
OBJECTIVES
Upon completion of this Healthcare Financial Management course you should be able to:
Audit and comprehend the different types of financial decisions healthcare organisations make and an easier approach to the topics presented.
Clarify the effects of health change and the Affordable Care Act on financial management
Acquire knowledge about Health insurance and payments to providers.
Illustrate key concepts through the Integrative Applications present in-depth practice issues.
Mimic the most interesting real-world situations through anecdotal sidebars associated with the course.
Get a bundle of key equations in one place to get a handy outline of the most important mathematical formulas and variable definitions
WHO SHOULD ATTEND ?
Healthcare Financial Management Trainingcourse, is ideal for :
Non-financial managers and healthcare professionals who need to learn tools and techniques for managing healthcare costs, budgets and investments and for transforming financial performance, and Finance managers or professionals who have financial expertise or qualifications and are seeking a programme that provides specialist coverage of financial, cost and management accounting techniques applied in a healthcare context.
COURSE OUTLINE
Day 1
The Healthcare Environment
Introduction to Healthcare Financial Management.
The Third-Party-Payer System.
Day 2
Fundamental Financial Management Concepts
Time Value Analysis.
Financial Risk and Required Return.
Day 3
Capital Acquisition
Debt Financing.
Equity Financing and Investment Banking.
Securities Valuation, Market Efficiency, and Debt Refunding. Lease Financing.
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Day 4
Cost of Capital and Capital Structure
Cost of Capital.
Capital Structure Decisions.
Capital Allocation
The Basics of Capital Budgeting.
Project Risk Analysis.
Day 5
Financial Condition Analysis and Forecasting
Financial Condition Analysis.
Financial Forecasting.
DOCUMENTATION
High-Quality material has been prepared by the LPC team for distribution to delegates.
CERTIFICATES
Accredited Certificate of completion will be issued to those who attend & successfully complete the programme.
SCHEDULE
Our Course timings commence at 09:00AM12:45PM Or 01:00PM - 05:00PM.
REGISTRATION & PAYMENT
Please complete the registration form on the course page & return it to us indicating your preferred mode of payment. For Further Information, please get in touch with us.
CANCELLATION AND REFUND POLICY
Delegates have 14 days from the date of booking to cancel and receive a full refund or transfer to another date free of charge. If less than 14 days notice is given then we will be unable to refund or cancel the booking unless on medical grounds. For more details about the Cancellation and Refund policy, please visit www.lpcentre.com/terms-and-conditions/
TRAVEL AND TRANSPORT
We are committed to picking up and dropping off the participants from the airport to the hotel and back.
CONTACT INFO
LONDON
Oxford Street, 25 N Row, London W1K 6DJ
+44 20 36 916 970 | +44 20 80 900 464 info@lpcentre.com
DUBAI
Business Bay, ParkLane Tower, Offices 718 - 719
+971 43 88 00 94
dubai.training@lpcentre.com
KUALA LUMPUR
No. 3273 Level 32, Menara Prestige, 1, Jalan Pinang, 50450 Kuala Lumpur +60 19 305 5694
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