Cost:

Free for HFMA Members
Buy HFMA Membership to Attend

Audience:

Business Partners
Health Plans
Hospitals and Other Providers
Physicians and Other Practitioners

Career level:

Executive
Experienced Professional
Mid-Senior

Recommended for:

Accounting
Budgeting
Business Operations
Clinical Operations
Treasury

Delivery Method:

Self Study

Advance Preparation:

None

Prerequisites:

None

Course Availability:

1 Year

Live Webinar | Capital Sources and Allocation
<div>Even prior to the pandemic crisis, health system finance and treasury departments were exploring more efficient ways to manage their working capital and improve their financial health overall. With prevailing uncertainty abut the econo...
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How To | Capital Sources and Allocation
Hospitals and providers who want to sell bonds in the public market should determine if their offering presents any challenges and develop a list of questions to ask of firms to find the best-suited underwriter for the job.
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News | Capital Sources and Allocation
Two major investment funds are increasing their funding of healthcare initiatives—with important caveats. 
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Trend | Capital Sources and Allocation
Investors, bankers, and rating agencies learned about the priorities of 27 health systems during a recent healthcare investor conference. 
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Trend | Capital Sources and Allocation
A recent investor conference featured presentations by 27 tax-exempt health systems. Common threads include quality and safety and consumer focus.
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On Demand Webinar | Overview | Capital Sources and Allocation

Achieving working capital efficiency and cash management

On Demand Webinar | Overview | Capital Sources and Allocation

Achieving working capital efficiency and cash management

Description

Even prior to the pandemic crisis, health system finance and treasury departments were exploring more efficient ways to manage their working capital and improve their financial health overall.  With prevailing uncertainty about the economy and the financial outlook for healthcare, hospitals are looking to improve their liquidity, and enacting various short-term financing options while monitoring cash-on-hand. This webinar describes the current financial challenges, describes emerging best practices for Accounts Payable and prescribes solutions to help achieve optimal working capital, even in this uncertain environment. The presentation will also cover financial management trends, payments outlook and effects on liquidity position, including creditor rating, as well as balance sheet management.

Original Live Webinar Date: 9/23/20
After this program, you'll be able to..
  • Measure how hospitals are adjusting their working capital management to current financial challenges.
  • Review available resources and banking solutions to help mitigate risks to liquidity
  • What additional working capital efficiencies can be found with platforms and payment methods for Accounts Payable departments.
  • Summarize examples of collaboration between hospitals, banks and a unified payment platform to help facilitate payments and manage cash flow.
  • Relay how various scenarios and contingencies, during COVID-19 and beyond are supported by versatile solutions and payment options.

Related Courses | Capital Sources and Allocation

On Demand Webinar | Overview | Cost Reduction

Equipment sharing: A new way for finance leaders to save capital dollars

With the cancellation of elective surgeries due to COVID-19, health system leaders must navigate their organization to a new financial future.  Join as we outline an entirely new tranche of cost savings that can be achieved by maximizing the utilization of existing capital equipment with an asset sharing program.

You will be provided with a framework to benchmark equipment utilization across your facilities, and the steps to practically implement a sharing program.Learn from two health system case studies on how asset sharing can reduce new equipment needs by as much as 50%, while eliminating rental costs and satisfying more capital requests from your clinical team.

Original Live Webinar Date: 9/2/20

On Demand Webinar | Update | Capital Finance

Capital Market Outlook

This session will discuss the impact of the coronavirus on Moody's ratings and the forward-view on credit post containment and reopening. You'll also examine recent rating activity and the incorporation of federal and state support in credit analysis. Finally, Ms. Goldstein will share Moody's longer-term implications of the pandemic, largely the weakening economy, expectations for rising uncompensated care, and the effect on financial leveraage and debt burdens. 


Original Live Webinar Date: HFMA Digital Annual Conference (6/24/2020)

Course | Intermediate | Accounting and Financial Reporting

Financial Reporting: Relationships and Procedures

This course explains the impact on financial reporting of various relationships between a reporting healthcare organization and other entities in which it has control and/or economic interest. It also explains how equity transfers between related not-for-profit entities are handled. The course describes the basic elements of financial statements for healthcare organizations. It also explains how accounts receivable are recorded for payments from third-party payers, and for uncompensated care vs. bad debt. The course explains the two different methods of rate setting and describes how pledges from donors are accounted for and reported.


Estimated course completion time: 1 hour and 15 minutes

Course | Intermediate | Accounting and Financial Reporting

Financial Reporting: Revenue and Assets

This course explains the different categories of healthcare enterprises and the process to record revenues from varying sources. It discusses reporting requirements for restricted and unrestricted net assets, and explains how cash and cash equivalents are reported, including handling of agency funds and credit risks. This course describes the accounting and reporting of investments in investment securities that have readily determinable fair values and all investments in debt securities. It explains how healthcare organizations should account for and report property and equipment, supplies, and other assets.


Estimated course completion time: 1 hour and 15 minutes