FREE Hospital Fiscal Management Webinar Series

The Delta Rural Hospital Performance Improvement (RHPI) Program provided a webinar series with presenter Eric Shell from Stroudwater Associates on hospital fiscal management targeted towards department managers and supervisors accompanied by senior management to help managers better understand rural hospital financial performance and the linkage between finances and service delivery. All employees are in the "business" of providing health care services to patients. Both theories and specific financial tools essential to improving departmental and organizational performance are reviewed. Webinar Series Objectives:

 

• Define the managers' roles and responsibilities related to fiscal management and recognize their unit's contribution to the institution's viability
• Understand the Medicare Cost Report as an important revenue source and as a resource for financial decision making
• Understand financial reports and develop and monitor a department budget
• Demonstrate knowledge of budgeting fundamentals
• Develop projections and design accompanying strategies needed in order to meet the targeted goals
• Review the impact of payer reimbursement on financial management

The recorded series is available to view for free. Registration is required to view the recordings. Registration for the recorded series can be accessed at: https://secure.ruralcenter.org/help-registration/playbacks.