Certificate in Healthcare Admin: Financial Planning Skills
-- ViewingNowThe Certificate in Healthcare Admin: Financial Planning Skills is a crucial course for professionals aiming to excel in the healthcare industry. This program focuses on developing financial planning skills that are highly sought after by employers in healthcare administration.
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• Financial Planning Fundamentals: Understanding financial statements, budgeting, and forecasting in healthcare organizations.&br • Healthcare Financial Analysis: Analyzing financial data to assess organizational performance and identify trends.&br • Cost Management Techniques: Strategies for controlling costs while maintaining quality care, including activity-based costing and variance analysis.&br • Capital Budgeting and Decision Making: Evaluating capital investments through techniques such as net present value, internal rate of return, and payback period.&br • Revenue Cycle Management: Maximizing revenue through effective management of patient registration, insurance verification, charge capture, billing, and collections.&br • Financial Risk Management: Identifying and mitigating financial risks, including those associated with reimbursement models, regulatory requirements, and market changes.&br • Healthcare Reimbursement Systems: Understanding government and private payer reimbursement models, including Medicare, Medicaid, and managed care.&br • Healthcare Policy and Regulatory Environment: Navigating the complex regulatory landscape, including Stark Law, Anti-Kickback Statute, and HIPAA.&br
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