Key Financial Principles for the Nonfinancial Healthcare Executive
Even nonfinancial healthcare executives need to have a strong financial grounding to thrive in today’s challenging and ever-evolving economic climate. During this seminar, expert faculty will help you delve into the core financial principles every executive should know to make a positive impact on an organization’s financial performance. You also will gain a deeper understanding of how to converse and work with finance leaders. The information covered will help boost your confidence with making financial decisions, and you’ll leave with a better understanding of the finance-related knowledge you need to lead a well-managed healthcare organization today.
Seminar Objectives:
- Review basic financial principles applicable in healthcare leadership.
- Explain the revenue cycle and strategies to optimize revenue.
- Identify core strategies in expense management.
- Discuss the basics of budgeting and forecasting.
- Interpret basic financial statements.
- Identify key financial indicators to gauge financial performance.
Who Should Attend:
CEOs, COOs, CMOs, CNOs, emerging financial leaders, service line managers and others who need to know more about the financial management of their operations.
Presented by:
- Charmaine Spence Rochester, DHA, CPA, FACHE, Chief Financial Officer, University of Cincinnati Health System
Continuing Education Credit
In addition to the ACHE In-Person Education or Virtual Interactive Education credits assigned to this seminar, ACHE is accredited by other organizations to provide continuing education credit. View complete information about these organizations.
All Choice seminars can be offered as Virtual Interactive programs or live In-Person programs.
For more information about this seminar and Choice programs, contact Martijn van Oort, director, business development, at (312) 288-1872 or choice@ache.org.