Health Care Budgeting and Financial Management for Non-Financial Managers

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It will help managers, directors, and clinical leaders who work in hospitals, physician practices, and other provider organizations to effectively manage their financial resources on a day-to-day basis, providing guidance for essential tasks such as preparing budgets, managing their departments, and making decisions around financial issues. William J. Ward, Jr. He serves on the boards of several health care organizations in both the non-profit and for-profit sectors. Ward has more than 40 years of health care finance and operational experience and lectures on these topics throughout the United States and overseas.

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Our employees came away with a much higher level of self-awareness and a set of new skills that they could put to use right away. Nova Southeastern University really exceeded our expectations. This program provides managers and business owners the fundamentals of finance and accounting principles, methods, and applications. Participants will develop a better understanding and appreciation of critical financial indicators, explore how these factors impact the bottom line, and learn how to make sound business decisions leveraging hard financial data.

Participants have the opportunity to apply these concepts to their own organizational initiatives and goals.

Health Care Finance Basic Tools for Non Financial Managers Budgeting Baker 3E | eBay

Participants will become familiar with the basics of financial statements and current practices in evaluating business performance. Scorekeeping remains an important activity of financial accounting because you must know if the business is winning or losing money. The financial statements tell a story about the company's financial condition and the program helps participants better understand that story. Attention directing and problem solving remain the highest value added activities performed by the financial team.

Understanding how stakeholders such as management, banks, and analysts measure financial performance is essential to improving performance.

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This program is designed for managers in all functional areas and in all industry types, who want to gain a better understanding of the financial side of business. Any of the executive education programs offered by the Hudson Center of Entrepreneurship and Executive Education HCEEE can be delivered to your organization at your location Please contact us for more information. Program fee varies based on the size of your group and includes tuition, instructional materials and lunch.

Please contact us for more information. Felo is a Professor at the H. Wayne Huizenga College of Business and Entrepreneurship at Nova Southeastern University, where he teaches courses in managerial and financial accounting, financial statement fraud, and corporate finance. Prior to joining the H. Wayne Huizenga College in , Dr. Felo earned his Ph.

Healthcare Financial Management, Productivity and Cost Control

His areas of research include audit committees, corporate governance, business and accounting ethics, and disclosure transparency. He has also authored a book chapter on corporate governance in the US and on the relationship between corporate governance and corporate ethics. Along with his co-author, Dr. Felo was the recipient of the Lybrand Silver medal for their article on the Sarbanes-Oxley Act that was published in the February issue of Strategic Finance. True value. Learn to evaluate these types of decisions, understand their impact on shareholders, and create a strong argument for these investments.

During this session you will work through activities and gain insight into:. The first two modules gave you a foundation for making sound financial decisions.

Financial Management in Health care

However, you need to know how to apply this information strategically in your position. Using real-world examples you will:. University of St. Search Input. Apply Remove. Thomas Finance for Non-Financial Managers program will improve your ability to make sound financial decisions at work.

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Is This Program Right for You? Executive Education: Finance for Non-Financial Managers Learn basic, practical financial skills from instructors with decades of industry experience.

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Module 1: Understand and Interpret Financial Statements.