Administrators and healthcare leadership must pay careful attention to an organization’s finances. Budgeting skills, consistent accounting practices, and the ability to both create and read financial statements are required to stay on top of an organization’s financial health. Healthcare administrators need to have a basic understanding of financial management practices. The goal of this course is to educate administrators in all post-acute care settings about introductory financial management concepts and practices.
Relias, LLC is approved by the California Department of Social Services as a Continuing Education Program Vendor to provide Continuing Education training courses to administrators of Adult Residential Facilities.
Vendor/Provider # : 2000224-735-2
Approval # 224-0241-37272
This activity is approved by the California Department of Social Services for 2.00 contact hours.
Relias, LLC is approved by the California Department of Social Services as a Continuing Education Program Vendor to provide Continuing Education training courses to administrators of Group Homes.
Vendor/Provider # : 2000224-730-2
Approval # 224-0241-37286
This activity is approved by the California Department of Social Services for 2.00 contact hours.
Relias, LLC is approved by the California Department of Social Services as a Continuing Education Training Program Vendor to provide Continuing Education training courses to administrators of residential care facilities for the elderly.
Vendor/Provider # 2000224-740-2;
Approval # 224-0241-37280.
This activity is approved by the California Department of Social Services for 2.00 contact hours.
Relias, LLC is approved by the California Department of Social Services as a Continuing Education Program Vendor to provide Short-Term Residential Therapeutic Program Continuing Education training courses.
Vendor/Provider # : 2000224-733-2
Approval # 224-0241-37289
This activity is approved by the California Department of Social Services for 2.00 contact hours.
This educational offering is approved by the California Nursing Home Administrator Program (NHAP) for full credit as a course relating directly to duties, functions, or responsibilities of the nursing home administrator. Provider # CEP 1701; Course Approval # 1701002-9353. This activity is approved for 2.0000 contact hours.
Florida Board of Nursing Home Administrators (CEBroker Provider # 50-290)
Georgia Nursing Home Administrators Board (CEBroker Provider # 50-290)
This educational offering has been reviewed by the National Continuing Education Review Service (NCERS) of the National Association of Long Term Care Administrator Boards (NAB) and approved for 2.0000 clock hours. If you have any feedback regarding the NAB approved continuing education programs, send your email to the following address: [email protected]
This course is approved by the North Carolina Department of Health and Human Services Division of Facility Services - Group Care Licensure Section (NC-DHHS)
Program Sponsor ID #032316
This activity is approved for 2.0000 contact hours.
This activity is approved for 2.00 contact hours.
South Carolina Board of Long-Term Health Care Administration (CEBroker Provider #50-290)
Learning activity approved by the Tennessee Department of Health, Bureau of Health Licensure and Regulation as continuing education for Residential Homes for the Aged and Assisted Care Living Facility administrators. This activity is approved for 2.0000 contact hours.
Texas HHSC has determined that Relias' submitted training meets or exceeds the minimum standards for HCSSA administrator training in the following categories: Licensed Home Health, Licensed and Certified Home Health, Personal Assistance Services, Hospice. Texas HHSC also recognizes Relias provides continuing education for administrators and alternate administrators. This activity is approved for 2.0000 contact hours.
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
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.
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