Session Description: As medical staff service professionals move deeply into executive management, they must learn to speak the universal language of management: finance. This presentation presents the fundamental building blocks towards understanding healthcare finance and how you can immediately apply these skills to ensured that you are adequately resourced as a department. Framing key management decisions as a "return on investment" is the quickest way to gain credibility as an emerging healthcare executive and this program will show you how.
Learning Objectives:
understand the fundamental healthcare financial concepts necessary to communicate with the executive team.
create a basic business plan for your department to ensure that it is adequately resourced.
Feel comfortable in executive team meetings when discussing business decisions pursuant to the organized medical staff.
