It’s no secret that CEOs need to maintain a significant level of knowledge about their organization’s financial status, but how much do they really need to know? This course introduces areas of vital importance that every CEO should be aware of in relation to the financial health of their organization. After completing this course, leaders will be able to speak authoritatively about important financial concepts, plan for strategic decision-making, and unite employees to improve quality and reduce costs.
Topics covered in this course include:
The role of a CEO in health care finance
Overview of health care finance concepts
Strategies for managing organizational growth
Importance of operating margin and other key data points
Tracking Key Performance Indicators and quality metrics
Creating value and community appeal
- Identify key data points that a health care CEO should be aware of.
- Develop solutions for common financial challenges in health care.
- Identify and evaluate opportunities for organizational growth.
- Create strategies to improve an organization’s operating margin.
- Explain the financial risks associated with providing unnecessary care.
- Summarize approaches for improving quality through physician engagement.
- Establish a culture that attracts top talent and adds community value.
Disclaimer The American Association for Physician Leadership® is accredited by the Accreditation Council for Continuing Medical Education (ACCME) to provide continuing medical education for physicians. The American Association for Physician Leadership® staff and the faculty presented for this activity have no relevant financial relationships with commercial interests to disclose. The American Association for Physician Leadership® designates this enduring material for a maximum of 5 AMA PRA Category 1 Credit(s) ™. Physicians should claim only credit commensurate with the extent of their participation in the activity. Once you click “accept disclaimer,” you will have access to course material and no refund will be allowed for this course.
Collaborators AAPL’s Learning and Performance team is devoted to creating online courseware that is relevant, actionable and instrumental to your growth as a person and as a leader. That’s why we partner with health care professionals, like you, to create performance-changing courses like this one. The content in this course was developed and vetted in collaboration with the following health care professionals: Michael A. Torres, MD, MBA, CPE, CHCQM, FAAPL Vice President/Chief Medical Officer Florida Hospital Tampa Michael Gomez, MD, MS-HCA Physician Executive UNM Health System Clinics Anna Maddali, MD, MBA, MMM, CPE Medical Director Humana
Key Dates Original Course Release Date: June 2018
Course Review and Renewal Date: June 2024Course Expiration Date: June 2027
Your Course Access Expires: 365 days from your purchase of the course
