Introduction
In today's healthcare environment, where financial realities play an important role in health services decision making, it is vital that managers at all levels understand the basic concepts of healthcare finance and how these concepts are used to enhance the financial well-being of the organization.
This course is for individuals, managers or supervisors who are willing to increase their professional area of healthcare finance as it introduces delegates to the basic concepts of healthcare finance, including accounting and financial management.
Course Objectives
On completion of this course you should be able to:
Course Outlines
The Healthcare Environment
Introduction to Healthcare Finance
The Financial Environment
Financial Accounting
The Income Statement and Statement of Changes in Equity
The Balance Sheet and Statement of Cash Flows
Managerial Accounting
Cost Behavior and Profit Analysis
Cost Allocation
Pricing and service decisions
Planning and Budgeting
Basic Financial Management Concepts
Time Value Analysis
Financial Risk and Required Return
Long-Term Financing
Long-Term Debt Financing
Equity Financing and Securities Markets
Capital Structure and the Cost of Capital
Capital Investment Decisions
The basics of Capital Budgeting
Project Risk Analysis
Current Asset Management and Financing
Financial Condition Analysis
Lease Financing and Business Valuation