Description
To succeed as a healthcare leader in today’s high-value healthcare environment, an understanding of the diverse business and financial aspects of healthcare is indispensable. As healthcare leaders progress in their careers, they become increasingly involved in leading initiatives to improve quality, process, and patient outcomes within their organizations. Healthcare leaders need to expand their business management skills, including their financial acumen, to better lead their projects and teams. Healthcare organizations rely on the financial management skills of healthcare leaders to support efforts in delivering high-quality care. This Learning Path presents these skills and their applicability to healthcare leadership and the pursuit of healthcare goals. This includes financial and strategic planning, financial analysis, budgeting, and financial management.
What You Will Learn
Upon successful completion, you will be able to:
- Understand the role of finance and financial management in healthcare.
- Analyze economic forces that impact healthcare organizations.
- Develop and analyze budgets, including types and factors impacting expenditures and investment decisions.
- Investigate strategies for managing financial risks in healthcare and understand productivity metrics.
- Interpret operational and financial performance analysis results, including variance analysis.
Eligibility
- Must be 18 Years 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.
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:
- Complete all content in each micro-course,
- Achieve 80% or higher for the final assessment,
- Complete the end of course evaluation, and
- 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.
