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2023 Fall Institute Finance - Budgeting and Forecasting

Regular Price: $875

Member Price: $744

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This course aims to give participants a comprehensive understanding of the budgeting process and its significance in financial planning and management within the healthcare industry. By utilizing budget planning worksheets and profit and loss statements tailored for medical groups, attendees will gain practical techniques for creating precise budgets and forecasts to manage their financial resources effectively.  The course will focus on various budgeting and financial planning elements, including the use of ratios and benchmarks, considerations tied to provider compensation planning, and focusing on performance improvement in the provider enterprise. Equipped with these skills, participants will be able to develop robust budgets, analyze the financial performance of their practices, and make well-informed decisions that directly contribute to the financial stability and overall success of their independent or affiliated medical practices.

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