Finance Program for your Nurse Executive Peers
Senior nurse executives need to know how to participate in discussions with CFOs, assess and justify requests, quantify clinical activity, and spot profit drains. Are your nurse executives ready? HFMA and the American Organization of Nurse Executives (AONE) have partnered to create a new Certificate Program in Health Care Finance for Nurse Executives (details below).
Improve the collaboration between designated financial, operational, and clinical leadership: share this certificate program and workshop with your nurse executive peers.
Dates & Times
Monday & Tuesday, October 27-28, 2014 — 8:00 – 4:30 p.m., EDT
Washington Marriott at Metro Center
775 12th Street NW
Washington, DC 20005
AONE has reserved a discounted nightly rate of $199 plus tax at the Washington Marriott Metro Center. Instructions for reserving your room will be provided in your confirmation email.
In today's evolving healthcare environment, when hospitals are struggling to maintain their margins in the face of rising costs, decreased payment and increased expectations for quality care outcomes, every healthcare clinical leader has increased accountability for bottom line results. Healthcare financial acumen is expected of clinical leadership in every provider organization. Senior Nurse Executives need to know how to participate in discussions with CFO's, assess and justify requests, quantify clinical activity and spot profit drains. Strong executive financial management in a provider organization demands not only broad knowledge of finance but also cooperation and collaboration between designated financial, operational and clinical leadership. Chief Nursing Executives are uniquely positioned to serve as a bridge between finance, operations and clinical leadership.
The Executive Level Skills in Health Care Finance workshop is part of the Certificate Program in Health Care Finance for Nurse Executives. The two day intensive workshop provides an overview of executive level healthcare finance. This workshop features exactly what you need to actively participate in executive level financial decisions. From understanding revenue cycle operations, to building and monitoring budgets to forecasting to financial reporting to appreciating the world of the Chief Financial Officer, this workshop provides Senior Nurse Executives the concepts, tools and techniques to understand how the integration of clinical, operational and financial data impacts day-to-day operations and bottom line.
The Certificate Program in Health Care Finance for Nurse Executives consists of:
- Participation in two day Executive Level Skills in Health Care Finance workshop
- Completion of pre-reading prior to workshop
- Completion of pre and post assessment
- Participation in post workshop webinar
The course material builds on foundational knowledge and experience with executive level budget development. It will not include review of budgeting basics so participants are expected to come with foundational knowledge. The Certificate in Health Care Finance is awarded upon completion of all components.
Following this program, you will be able to:
- Discuss the impact of Health Reform and the critical need for closer clinical and financial integration
- Describe revenue cycle processes including private and government payers, billing compliance, audits, charity care and bad debt
- Summarize budgeting processes and financial reporting that is unique to the health care industry
- Identify how clinical and financial decisions impact day-to-day operations, as well as the overall health of the organization
- Recognize how health care CFOs and other executives are addressing the current challenges
- Practice expert communication skills to engage in dialogue with stakeholders
Continuing Education Contact Hours
This workshop is approved for 13.25 continuing nursing education contact hours.
Healthcare Financial Management Association (HFMA) Educational Foundation is registered with the National Association of the State Boards of Accountancy (NASBA) as a sponsor of continuing education on the National Registry of the CPE sponsors. ate boards of accountancy have final authority on the acceptance of individual course for CPE credit.
The American Organization of Nurse Executives is accredited as a provider of continuing nursing education by the American Nurses Credentialing Center's Commission on Accreditation.
AONE is authorized to award 13.25 hours of pre-approved ACHE Qualified Education credit (non-ACHE) for this program toward advancement, or recertification in the American College of Healthcare Executives
Early Registration: For registrations made on or before Monday, September 29, the cost is $1,200 for AONE/HFMA members and $1,450 for nonmembers.
Regular/Onsite Registration: For registrations made after September 29, the cost is $1,300 for AONE/HFMA members and $1,550 for nonmembers.
The registration covers materials as well as continental breakfast and lunch.
Read additional information on CPE credits, our guarantee, and terms of registration.