Financial Management: An Introduction

Course Code: REL-PAC-0-FMINTRO

Hours: 2

Type: Online Course

Content Expiration Date: 12/31/2029

Learning Objectives:
Identify key aspects of financial management.
Describe generally accepted accounting principles.
Recognize the various forms of financial statements.
Discuss at least three common budgeting issues.

Outline:

Section 1: Understanding Healthcare Finance

No Place to Go

Key Terms

Cost Control

Laws and Regulations

Review

Key Takeaways

Section 2: Planning

Closures

Players and Payors

Budget Busters

Review

Key Takeaways

Section 3: Budgeting

Effective Budgeting

Budgeting

Operating Budget

Review

Key Takeaways

Section 4: Managing Risk

Accurate Financial Reporting

Fraud

Protecting The Future

Audits

Review

Key Takeaways

Section 5: Creating Procedures and Systems

Payroll Problems

Accounting Controls

Recording and Reporting

Financial Statements

Best Practices

Review

Key Takeaways

Section 6: Conclusion

Course Summary

Course Contributor

References

Subject Matter Expert: Annette Brownlee BSN, RN

Annette Brownlee, BSN, RN is an SME Writer for the Post-Acute Care team. She has a Bachelor of Arts in advertising from Michigan State University and a Bachelor of Science in nursing from the University of Northern Colorado. Annette has worked in skilled nursing and home health. Her most recent experience includes being a Staff Development Coordinator and Infection Preventionist.

Target Audience:
The target audience for this course is: Administrators; General Staff; in the following settings: Post-Acute Care.

Relias Learning will be transparent in disclosing if any commercial support, sponsorship or co-providership is present prior to the learner completing the course.

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All courses offered by Relias Learning, LLC are developed from a foundation of diversity, inclusiveness, and a multicultural perspective. Knowledge, values and awareness related to cultural competency are infused throughout the course content.

To earn continuing education credit for this course you must achieve a passing score of 80% on the post-test and complete the course evaluation.

Course Delivery Method and Format
Asynchronous Distance Learning with interactivity which includes quizzes with questions/answers, and posttests.