Course Code: REL-PAC-0-FMINTRO
Hours: 2
Type: Online Course
Content Expiration Date: 12/31/2029
Learning Objectives:
Identify key aspects of financial management.
Describe generally accepted accounting principles.
Recognize the various forms of financial statements.
Discuss at least three common budgeting issues.
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
Subject Matter Expert: Annette Brownlee BSN RN
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.
Target Audience:
The target audience for this course is: Administration; All Staff; in the following settings: Skilled Nursing Facility.
Relias Learning will be transparent in disclosing if any commercial support, sponsorship or co-providership is present prior to the learner completing the course.
Relias Learning has a grievance policy in place to facilitate reports of dissatisfaction. Relias Learning will make every effort to resolve each grievance in a mutually satisfactory manner. In order to report a complaint or grievance please contact Relias Learning at support@reliaslearning.com.
All courses offered by Relias Learning, LLC are developed from a foundation of diversity, inclusiveness, and a multicultural perspective. Knowledge, values and awareness related to cultural competency are infused throughout the course content.
To earn continuing education credit for this course you must achieve a passing score of 80% on the post-test and complete the course evaluation.
Course Delivery Method and Format
Asynchronous Distance Learning with interactivity which includes quizzes with questions/answers, and posttests.