Education

Critical Financial Skills for Hospital Success

Essential techniques to achieve organizational success

Shrinking profit margins due to reductions in Medicare and managed care reimbursement and the escalating cost of providing high-quality patient care have resulted in a renewed emphasis on financial skills for today’s healthcare executives. By understanding the organizational requirements that affect your financial outcomes, you can help your organization remain competitive. You will leave this seminar with the financial analysis tools and techniques needed to achieve your organizational and financial goals.

You'll Learn:

  • Understand the details of financial statements and their relevance to the organization’s financial outcomes.
  • Use financial ratios to measure your organization against standard benchmarks.
  • Apply operating and capital budgeting techniques to achieve optimum success.
  • Benchmark against the industry financial metrics to gauge organizational performance.
  • Differentiate the elements of operating and capital budgets that have the greatest effect on financial outcomes.
  • Prosper in this difficult economic cycle of reduced reimbursement and tightening credit.

Presented by:

Michael Nowicki, EdD, FACHE, FHFMA

Keep competitive as you explore critical financial analysis tools from seminar leader Michael Nowicki, EdD, FACHE, FHFMA, professor of Health Administration, Texas State University.

Registration

  • Click on the Register Now link for the location of your choice
  • Call ACHE's Customer Service Center at (312) 424-9400
  • Download a registration form PDF
 

Register or View Cluster Seminar Information

San Francisco

Sep. 8– 11, 2014
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Steamboat Springs

Feb. 9– 12, 2015
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Cape Cod

Jun. 1– 4, 2015
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Atlanta

Oct. 19– 22, 2015
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Tuition

2014

ACHE members $1,375
Non-members $1,575

2015

ACHE members $1,375
Non-members $1,575

Register by November 1 to take advantage of 2014 pricing. Pricing for 2015 programs is subject to increase after November 1.


Who Should Attend

CEOs, vice presidents, physician executives, nurse executives, department managers and those new to the healthcare field who are interested in developing a working knowledge of hospital financial techniques.

Continuing Education Credit

In addition to the 12 ACHE Face-to-Face Education credits assigned to this seminar, ACHE is accredited by other organizations to provide continuing education credit. View complete information about these organizations.



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