In today’s healthcare environment of shrinking margins and value-based care, leaders need a clear grasp of financial fundamentals. This webinar will help clinical and non-clinical executives recognize key financial accounting principles and explain how financial statements reflect organizational performance. Participants will also identify basic budgeting practices and discuss how financial data connects to strategic decisions, building the foundational knowledge required to support their organization’s long-term sustainability.

Learning Objectives:

• Review fundamental financial accounting concepts including the balance sheet, income statement, cash flow statement and their relevance to healthcare operations.
• Understand the key financial challenges specific to healthcare, including revenue cycle management, cost allocation for clinical services and the economic implications of value-based contracts.
• Evaluate strategies for using financial data to support strategic decision-making, optimize resource allocation and communicate performance to key stakeholders.

Faculty:

Subhankar Samal, MD, FACHE, Medical Director, Presbyterian Health Plan

ACHE Qualifying Education Credit 

This activity is eligible for 1 ACHE Qualifying Education credit toward earning or maintaining your FACHE credential. 

Credits must be self-reported at My ACHE upon completion of this activity.