Description
Financial management is a significant function in most every organization to help plan, organize, and control financial activities. This includes healthcare organizations, where the management of funds helps ensure availability of resources needed to deliver high-quality care. These organizations rely in part on the financial skills of healthcare leaders to help achieve or improve organizational objectives. This micro-course introduces the function of financial management and its characteristics within healthcare settings. It also presents the skills, knowledge, and abilities that healthcare leaders like you must increasingly demonstrate to support care initiatives and organizational objectives.
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 role of finance and financial management in healthcare.
- Analyze the economic forces that impact the operations of healthcare organizations.
- Describe key financial concepts in healthcare.
- Describe the financial management responsibilities of healthcare leaders.
- Develop a business case executive summary designed to secure budgetary resources.
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.
