Financial Reporting in Healthcare

FNHC1103 - Financial Reporting in Healthcare

Micro-Course | 3.5 Nursing Contact Hours | Estimated 3.5-Hour Workload

$150.00
How To Enroll?
  • feature icon Professional Development
  • feature icon All Level
  • feature icon 3.5 Nursing Contact Hours
  • feature icon Estimated 3.5-Hour Workload
  • feature icon Self-Paced
  • feature icon Accessible for 180 days

Description

As a healthcare leader, you must remain mindful that reporting is a significant aspect of both financial and clinical records. Given the nature of your work and the focus on delivering and coordinating care, it can be easy to overlook this important aspect of your role. But without effective reporting, both patients and organizations can be in jeopardy.

This micro-course presents the important aspects of financial reporting from the perspective of nurse leaders. This includes healthcare reporting and benchmarking, as well as the role of budgets and traditional financial reports such as income statements, balance sheets, and statements of cash flow in monitoring organizational financial health and its impact on the delivery of care.

Related Learning: This micro-course is also part of the FNHC1100 - Healthcare Financial Management Professional Certificate Learn more.

What You Will Learn

Upon successful completion, you will be able to:

  • Describe the various productivity metrics used in healthcare settings and their relationship to financial performance.
  • Describe the role of financial statements in healthcare settings.
  • Analyze the relationship between balance sheets, income statements, and statements of cash flow.
  • Interpret operational and financial performance analysis results.
  • Calculate variance between projections and actual results and analyze the causes and impact of such variances.

Eligibility

  • Must be 18 or older

Refund Policy

You will have seven days to request a full refund after purchase. No hidden fees. All books and materials are included with purchase.

Related Learning

Micro-Course Badge

Micro-Course

Financial Reporting in Healthcare

Accreditation Statement

Walden University College of Nursing is accredited as a provider of nursing continuing professional development through the American Nurses Credentialing Center's Commission on Accreditation. Provider Unit P0469.

Criteria for Obtaining Contact Hours

This nursing continuing professional development course offers content that includes overviews and descriptions, engagement activities, resources, and a final assessment. Within 180 days of the course purchase date, follow these steps to claim nursing contact hours:

  1. Complete all content in each micro-course,
  2. Achieve 80% or higher for the final assessment,
  3. Complete the end of course evaluation, and
  4. Download and print or save your contact hour certificate.

Disclosure Statement

The planners and authors of this nursing continuing professional development activity disclose no relevant financial relationships.

While professional development activities offered by an American Nurses Credentialing Center Provider Unit typically satisfy the requirements of most states, Walden University recommends that participants ensure that the content offered meets their individual requirements. To the extent that contact hours must be approved within one’s state of residence or licensure, participants should check with their state board of nursing before enrolling in any professional development activity. The state board of nursing determines the number and type of contact hours that can be claimed for professional development activities.

Features

Finance Performance in Healthcare

Finance Performance in Healthcare

Examine the relationship between productivity performance and financial performance in healthcare.

Reporting Performance

Reporting Performance

Identify examples of benchmarking and other performance report metrics typically used in healthcare.

Measuring Financial Performance

Measuring Financial Performance

Conduct a variance analysis and analyze the results. Practice real-world application of data analysis of financial statements.

Flexible Learning

Flexible Learning

Review professional development content provided in easily consumable segments to adapt around your busy life.

Awards

Certificate of Completion

Certificate of Completion in Financial Reporting in Healthcare

$150.00
How To Enroll?
  • feature icon Professional Development
  • feature icon All Level
  • feature icon 3.5 Nursing Contact Hours
  • feature icon Estimated 3.5-Hour Workload
  • feature icon Self-Paced
  • feature icon Accessible for 180 days

How to enroll?

  • 1Add course to cart
  • 2Create your account
  • 3Register for course
  • 4Make payment and submit application
  • 5Start learning
-or-
email [email protected] for additional assistance

Who is this for

  • Aspiring managers and supervisors, particularly those in healthcare.
  • Trainers, team leaders, and HR professionals in healthcare organizations.
  • Professionals in any role seeking to understand more about burnout in individuals and organizations.