SDAHO will provide a hospital financial webinar series, where we explore the fundamental concepts and strategies essential for managing the financial health of healthcare institutions. These two sessions cover a range of topics, including budgeting, revenue cycle management, cost control, financial reporting, and compliance. Whether you’re new to healthcare finance or looking to deepen your understanding, join us as we delve into key principles and best practices to help you navigate the complex financial landscape of hospitals.
Session one, Revenue Drivers for Hospitals, will occur on May 9 from 12-1 pm CT and will cover the healthcare basics of moving from service to payment. This session will discuss net revenue opportunities that may exist in your organization and address causes and potential resolutions of payment disputes. Register for Revenue Drivers for Hospitals here.
Part two of this session, Finance Fundamentals for Hospitals is scheduled for May 21 from 12-1pm CT. During the second session, attendees will understand the basics of financial statements including the balance sheet, income statement and cash flow statement. This session will cover hospital budgets, budget variances and implications for overall financial performance. Key performance indicators and how to interpret these indicators will be discussed. In addition, this session will share how they impact your overall financial strength of your organization. Register for Finance Fundamentals for Hospitals here.
