Financial resource management is the efficient deployment of fiscal resources. The challenge of meeting the demands of reform and a shifting business environment requires the allocation of financial resources in an effective and thoughtful manner.

Course 5 provides the practical know-how for productively managing financial resources. The core concerns today—reimbursement, capital, long-term financial planning, metrics, and data—are examined.

Course objectives

  • Identify the components of the revenue cycle
  • Compare how healthcare providers are reimbursed for services
  • Determine the processes by which a hospital or a physician clinic bills and collects for services
  • Identify various metrics used to manage the revenue cycle
  • Determine the methods used by healthcare organizations to fund capital expenditures

Other courses in the program

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

Six self-paced courses to help you make sense of today’s healthcare system. Register now for HFMA Business of Health Care® Online Program.