In this course, we will link the use of financial statements, management of costs, and price setting to the strategic planning and objective-setting process of managing a healthcare business. These elements apply whether the type of healthcare business is a hospital, health plan, or physician clinic.

Course objectives

  • Identify how strategic planning influences the budgeting process
  • Differentiate between various methods of developing a budget
  • Identify key components of a budget
  • Identify budget variance concepts
  • Determine the value of benchmarking to the budgeting process

Other courses in the program

Healthcare Finance - The Big Picture
Financial Accounting Concepts
Cost Analysis Principles
Managing Financial Resources
Looking to the Future

Register now for HFMA Business of Health Care® Online Program

Six self-paced courses to help you make sense of today’s healthcare system

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$400 for HFMA Members (The fee includes all six courses and the exam)
$545 for Non-Members (HFMA Membership is included for any non-members enrolling in HFMA Business of Health Care who are new to HFMA)