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
Cancellation
To cancel your course registration, please notify the Customer Service Center, at contact@ache.org at least 10 business days before the start of the program for a refund or credit, less a $75 processing fee. After that time, a refund or credit is forfeited.
Continuing Education Credit
ACHE Virtual Interactive Education Credit
This activity is eligible for up to 6 ACHE Virtual Interactive Education credits toward earning or maintaining your FACHE credential.
Interprofessional Continuing Education Credit
In support of improving patient care, the American College of Healthcare Executives is jointly accredited by the Accreditation Council for Continuing Medical Education (ACCME), the Accreditation Council for Pharmacy Education (ACPE), the American Nurses Credentialing Center (ANCC), and the American Academy of PAs (AAPA) to provide continuing education for the healthcare team.
This activity was planned by and for the healthcare team, and learners will receive a maximum of 6 Interprofessional Continuing Education (IPCE) credit for learning and change. For further information about Joint Accreditation credits and certificates, please click here.
Physician Continuing Medical Education
The American College of Healthcare Executives (ACHE) designates this live activity for a maximum of 6 AMA PRA Category 1 Credits™. Physicians should claim only the credit commensurate with the extent of their participation in the activity.
Continuing Nursing Education
The American College of Healthcare Executives designates this live activity for a maximum of 6 contact hours of continuing nursing education.
Continuing Pharmacy Education
The American College of Healthcare Executives designates this knowledge-based activity for a maximum 6 contact hours of continuing pharmacy education credit.
Continuing Social Work Education
The American College of Healthcare Executives designates this knowledge-based activity for a maximum 6 contact hours of continuing social work education credit.
Continuing Education for Dietitians
The American College of Healthcare Executives designates this knowledge-based activity for a maximum 6 contact hours of continuing education credit for Registered Dietitians and Dietetic Technicians, Registered. RDs and DTRs should enter activities offered by jointly accredited providers as type 102 on Professional Development Portfolio (PDP) activity logs. CPEUs awarded must be commensurate with participation in the activity.
Physician Associate/Physician Assistant Continuing Education
The American College of Healthcare Executives has been authorized by the American Academy of PAs (AAPA) to award AAPA Category 1 CME credit for activities planned in accordance with AAPA CME Criteria. This activity is designated for a maximum of 6 AAPA Category 1 CME credits. PAs should only claim credit commensurate with the extent of their participation.
Required Virtual Live Sessions:
- February 18
- February 25
- March 4
- March 11
All sessions will be held 2–3:30 p.m. Central time.