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The Numbers a CEO Needs to Know

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

Now with Updated Mobile functionality: This course is now accessible on both Desktop and Mobile devices

    5 Total CME

    45000
    Regular Price: $450

    Member Price: $383

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    Course Objectives


    • Describe the role of a CEO as it relates to an organization’s financial health
    • 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

    Method of Participation

    To complete this program successfully and claim credit, participants must follow these steps:

    • Read the educational objectives provided on the course summary page.
    • Attend the sessions or watch all the video lectures for this course (if applicable).
    • Read any course materials and complete any required activities.
    • Complete the course evaluation and post-test via your dashboard on the Association website. Successful completion of a given activity’s post-test requires a minimum 75% passing score prior to claiming CME credit, with three attempts allowed.
    • CME certificates will be available for printing after claiming CME credit.
    • Estimated time for course completion is equivalent to the CME credit hours.
     

    Key Dates

    Original Course Release Date: June 2018

    Course Expiration Date:  June 2021

    Access to Course Expires: 365 days from purchase date of course

    Disclosures

    Planner Disclosure: The planners (American Association for Physician Leadership® staff) for this activity have no relevant financial relationships with commercial interests to disclose.

    Faculty Disclosure: The faculty for this activity have no relevant financial relationships with commercial interests to disclose.

    Accreditation

    The American Association for Physician Leadership® is accredited by the Accreditation Council for Continuing Medical Education (ACCME) to provide continuing education for physicians.

    Designation

    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 the credit commensurate with the extent of their participation in the activity.

    Cancellation Policy

    • Refunds are available for online courses if the refund is requested within a 72-hour period after purchase and no course materials have been accessed.
    • If the course is accessed at any time, no cancellation or refund will be allowed.
    • If registrations are cancelled within 72 hours of purchase and no access of course material has occurred, then a full refund less a $100 processing fee will be applied.
    • Once 72 hours have passed after purchase, no cancellations or refunds will be allowed.

    Registrations may not be transferred to another person at any time. All refunds will be issued to the original form of payment. Refunds or transfers are not available if testing has occurred or CME is claimed.

    MOC Approval Statement

    Through the American Board of Medical Specialties (“ABMS”) ongoing commitment to increase access to practice relevant Maintenance of Certification (“MOC”) Activities through the ABMS Continuing Certification Directory, The Numbers a CEO Needs to Know has met the requirements as an MOC Part II CME Activity (apply toward general CME requirement) for the following ABMS Member Boards:

    MOC Part II CME Activity

    • Allergy and Immunology
    • Anesthesiology
    • Family Medicine
    • Nuclear Medicine
    • Physical Medicine and Rehabilitation
    • Preventive Medicine
    • Psychiatry & Neurology
    • Radiology
    • Thoracic Surgery
    • Urology

    Learn More: https://www.continuingcertification.org/activity/the-numbers-a-ceo-needs-to-know/

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