Health, Safety, Security and Environment
Healthcare Financial Management, Productivity and Cost Control

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Healthcare Financial Management, Productivity and Cost Control Course
Introduction:
Course Objectives:
By the end of this course, participants will be able to:
- Understand the factors that are driving healthcare costs and changing the ways that healthcare providers get paid
- Analyze the financial performance of your healthcare organization or service
- Manage working capital better and Budget more effectively for financial success
- Price healthcare services accurately and optimize the way you Plan future investments
- Measure, Understand, and Reduce Healthcare Costs using the techniques that management consultants charge millions of dollars for!
Who Should Attend?
This is a highly practical and interactive program that will benefit anyone who manages money or controls budgets in a healthcare organization, service, or department. It is an ideal program for:
- Non-financial managers and healthcare professionals who need to learn tools and techniques for managing healthcare costs, budgets, and investments and for transforming financial performance, and
- Finance managers or professionals who have financial expertise or qualifications and are seeking a program that provides specialist coverage of financial, cost, and management accounting techniques applied in a healthcare context.
Throughout the program, there are allocated timeslots allowing ample opportunities to practice the principles and techniques being taught using interactive exercises and case studies.
Course Outlines:
The program is divided into five modules and includes detailed instruction in:
- The Fundamentals of Healthcare Finance – the factors that are driving healthcare costs and changing the ways that healthcare providers get paid
- Measuring Financial Performance in Healthcare – how to analyze the financial performance and viability of your healthcare organization or service
- Planning, Managing, and Controlling Money – manage money prudently and allocate financial resources effectively
- Measuring, Understanding, and Reducing Healthcare Costs – measure the costs of an episode of patient care and reducing those costs by enhancing productivity
- Pricing Healthcare Services and Planning Healthcare Investments – how to make difficult decisions about when to outsource, when to invest, and how to set the price of a healthcare service