Healthcare Finance and Accounting

INTRODUCTION

This training course will assist healthcare workers from a variety of disciplines and roles in hospitals, clinics, and community health settings in navigating the intricacies of modern healthcare organizations and positively contributing to their financial and operational success.

Modern healthcare companies are diverse in their operational structures, strategic and financial aims, and the many various treatments and therapies they deliver. All of these models rely on cost, efficiency, and economy management to function within tight financing budgets or earn a profit. To properly manage and fulfil these objectives, healthcare workers from all disciplines must have a functional grasp of their organization’s financial accounting and management systems.

COURSE METHODOLOGY

This course is designed in the form of workshop which will includes a variety of learning tools to help participants function effectively and efficiently in a multifunctional environment through various methodologies including;

• Short lectures
• Brainstorming
• Case studies
• Group activities
• Role playing

COURSE OBJECTIVES

The attendees of this Certificate Program will be able to:

• Learn the basics of financial accounting.
• Analyze and understand financial healthcare reports
• Participate in healthcare budgeting processes successfully.
• Learn the fundamentals of capital investment decision-making.
• Focus on ‘value for money’ and financial management while making judgments.

WHO SHOULD ATTEND THIS COURSE?

• Healthcare budgeting team members
• Healthcare planning professionals
• Financial and management accounting team members
• Clinical and surgical budget holders
• Hospital administration managers
• Dental surgeons and dental practice managers

TARGETED SKILLS

• The foundations of healthcare business models
• Accounting and financial reporting fundamentals
• Financial and operational performance measurement and management
• Budgeting that works for healthcare organizations