Cost:

Free for HFMA Members
Buy HFMA Membership to Attend

Audience:

Hospitals and Other Providers
Business Partners
Physicians and Other Practitioners

Career level:

Mid-Senior
Executive

Recommended for:

Financial Planning
Business Development

Delivery Method:

Self Study

Advance Preparation:

None

Prerequisites:

None

Course Availability:

12 Months

On Demand Webinar | Update | Capital Finance
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 credi...
Save
How To | Capital Finance
Health systems that are developing venture capital projects should apply eight core principles that reflect best practices of organizations that had a strong track record of success in managing their venture capital programs.
Save
How To | Capital Finance
Healthcare organizations should adhere to best practices in investor relations by pursuing a strategy that builds and maintains trust through routine, clear communication of key organizational objectives, priorities, strategic initiatives a...
Save
Column | Capital Finance
Capital Finance: The healthcare market is evolving rapidly. Health systems’ approach to credit management and debt capacity must adapt accordingly.
Save
News | Capital Finance
A proposed accounting-rule change could increase costs and complicate debt initiatives for hospitals using a debt arrangement that was popular when interest rates were high.
Save
Course | Advanced | Capital Finance

Capital Planning and Financing

Course | Advanced | Capital Finance

Capital Planning and Financing

Description

This course provides basic information about forms of long-term debt can be restructured, gives examples of how to calculate present value, and provides information on how capital and operating leases work and which criteria credit agencies use to assess an organization's creditworthiness. This is one course with one assessment.

Estimated course completion time: 1 hour and 45 minutes
After this program, you'll be able to..
  • Provide basic information about forms of long-term debt available to hospitals and how much an organization can and should borrow
  • Explain the nature of the covenents, or legal obligations, placed on the borrower of healthcare bond issues
  • Discuss how debts were restructured in the past
  • Describe how to put together a financing team
  • Explain the discounted cash flow method of quantifying the value of capital assets to be acquired
  • Give examples of how to calculate present value
  • Describe replacement cost and market comparision approaches to making capital investment decisions
  • Describe the two types of equity financing
  • List the benefits and risks associated with joint venture business relationships
  • Explain how capital and operating leases work and which criteria credit agencies use to assess an organization's creditworthiness

Related Courses | Capital Finance

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)

On Demand Webinar | Update | Accounting and Financial Reporting

Stark and AKS Changes: New Opportunties, New Compliance Challenges

The new Stark law and Anti-Kickback Statute changes provide exciting new opportunities to providers to better coordinate care. But with these new opportunities come new areas of compliance that will need to be addressed. This session will provide attendees with ideas on how to address those compliance challenges. 


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

Certification | Overview | Accounting and Financial Reporting

Certified Specialist Accounting & Finance Recertification

The CSAF recertification program is recommended for active, eligible HFMA CSAF certificants with an upcoming maintenance due date of October 1, 2020*. Not sure when your CSAF expiration date is? Sign in, click your profile image in the upper right corner, select My Development, and then click on the Certifications tab near the center of the page. You'll see your certifications along with their expiration date.


HFMA requires that eligible CSAF certificants gain continuing competence in the accounting and finance arena by taking a short assessment every two years. This program provides healthcare organizations with a means to ensure that their staff has the body of knowledge necessary to meet their demands. 

CSAF recertification course outline:
  • Financial Planning and Budgeting
  • Financial Reporting: Liabilities and Long-Term Debt
  • Financial Reporting: Relationships and Procedures
  • Financial Reporting: Revenue and Assets
  • Accounting Oversight and Internal Control
Assessment information:
This online program includes the above recertification courses and a recertification assessment. The assessment has 50 multiple choice questions and you have 90 minutes to complete it in one sitting. The passing score is 70%. If you do not pass on the first attempt, there is a mandatory 30-day waiting period. Please keep this in mind, as the deadline to complete the recertification assessment (to maintain your certification) is October 1, 2020*.

*During this unprecedented time HFMA is committed to meeting the need of its certified individuals. HFMA is implementing a certification maintenance grace period to allow for additional time to meet the recertification requirement. The maintenance deadline will be extended from May 31, 2020 to October 1, 2020.

Course | Intermediate | Budgeting

Financial Planning and Budgeting

This course describes how organizations use budgets and presents an overview of types of budgets. It outlines steps in the budgeting process and describes two common budgeting methods. It reviews common cost behaviors and explains how they figure into flexible budgeting approaches. The course describes the role that reporting plays in financial planning and budgeting, and explains how organizations can evaluate capital requests. This course outlines the concept of ratio analysis and presents a broad look at four categories of ratio analysis.


Estimated course completion time: 1 hour and 15 minutes