Advanced Certificate in Healthcare Performance Improvement: Financial Management
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โข Financial Accounting and Reporting: Understanding financial statements, Generally Accepted Accounting Principles (GAAP), and financial analysis for healthcare organizations. โข Budgeting and Forecasting: Development and management of budgets, forecasting techniques, and variance analysis. โข Cost Management and Analysis: Identification and analysis of cost drivers, cost containment strategies, and cost allocation methods. โข Reimbursement Methods and Systems: Overview of government and private payer reimbursement systems, including Medicare and Medicaid, and their impact on financial performance. โข Capital Financing and Investment Decisions: Analysis of capital budgeting techniques, long-term debt financing, and investment decision-making in healthcare organizations. โข Financial Performance Metrics and Indicators: Measuring and monitoring financial performance using key metrics and ratios. โข Risk Management and Financial Planning: Identification and management of financial risks, including insurance, hedging, and contingency planning. โข Financial Regulations and Compliance: Overview of financial regulations, including Stark Law, Anti-Kickback Statute, and HIPAA, and their impact on financial management in healthcare organizations.
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