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Healthcare Financial Management Essentials

Date & Time (Local)

Wednesday, May 02 to Friday, May 04 — 8:00 a.m – 4:00 p.m


Michael Nowicki, EdD, FHFMA, FACHE

Professor of Health Administration

Texas State University

Session Schedule:

Day 1: 8:00 a.m. - 4:00 p.m.
Day 2: 8:00 a.m. - 4:00 p.m.
Day 3: 8:00 a.m. - 1:00 p.m.


San Diego


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New to the healthcare finance field or looking for a comprehensive overview of the forces shaping today's healthcare environment? This seminar provides an extensive and practical overview of the healthcare system, from economic and policy forces to payment issues and resource allocation. You’ll review current healthcare transformations, including the shift from volume to value, quality, patient satisfaction, competition on cost and the evolution of the payment system. 

Day 1 provides an overview of the current environment and its effects on funding and reimbursement, clinical operations, organizational transparency, and reporting requirements.

Days 2 and 3
 provide extensive information on the healthcare system, including areas critical to those working with budgeting, strategic planning, payment, and environmental factors.

After These Seminars, You'll Be Able To:

 Day 1

  • Discuss national economic trends and the healthcare environment, and their relationship to healthcare sustainability
  • Identify healthcare reform alternatives and their potential impacts on the economy
  • Evaluate the Affordable Care Act and its potential impact on the economy
  • Review key industry issues that affect organizational performance (quality, costs, financing)

 Day 2 and 3

  • Summarize financial reporting and analysis requirements unique to the healthcare industry
  • Review the current payment system, including major third parties—including Medicare, Medicaid, and managed care—and the provider reimbursement methods of each
  • Apply resource allocation methodologies—including strategic planning, strategic financial planning, operational planning, budgeting, and capital budgeting—in a cost-containment environment
  • Identify key financial statements and management reports
  • Recognize the role that the revenue cycle plays in financing healthcare systems

Tools & Takeaways:

Comprehensive reference guide to healthcare finance information, including an extensive glossary of terms and acronyms

Recommended For:

Those with accounting and financial management experience who are new to the healthcare industry, who have entered the field in the past 12 to 36 months, or who are seeking an overview of healthcare financial management. Also ideal for consultants and professionals in allied organizations recently assigned to healthcare clients.




A college-level Introduction to Accounting course is strongly recommended


21.5 CPEs 

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    Our Ironclad Guarantee

    HFMA stands behind the quality of our programming. If you are not satisfied, we will gladly refund your money or provide you with a credit certificate toward any future HFMA National educational programs or select products.

    Contact HFMA directly at 3 Westbrook Corporate Center, Suite 600, Westchester, IL 60154, Attn: Professional Development, or call (800) 252-4362. Please provide HFMA with your comments within two weeks of the program.

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