(This activity has been approved for 1.25 AMA PRA Category 1 Credits™ )
Introduction:
Financial decision making in your healthcare organization, no matter the size, has a major impact on the quality of care your patients receive. Before any decision can be made it is imperative to know what resources are available. The financial statements communicate this information to you. They provide actionable information which you can use to take an active role in the decision making process. With this CME activity, you will acquire the skill of understanding and evaluating the financial inner workings of your organization or the organization you may soon be joining. Purchasing new equipment, hiring another physician, budgeting, resource allocation, it all begins here with the financial statements. Good decision making begins with sound financial information. Surprises are never good, especially when they concern the resources that you need to care for your patients.
Target Audience
This online course has been prepared for any individual who works as a healthcare provider. There are no prerequisites to participate.
Faculty
Paul Gurny M.B.A. M.S. Managing Director, Essential Seminars for Physicians LLC., Senior Professional Instructor, Johns Hopkins Carey Business School
David Joyce M.D. M.B.A. Director of Educational Programs, Essential Seminars for Physicians LLC.
Objectives
After participating in the activity, the participant will demonstrate the ability to:
- Analyze a balance sheet.
- Analyze an income statement.
- Analyze a statement of cash flow.
- Analyze a statement of net assets.
- Analyze an organizations financial health.
Sample
The video tutorial is divided into 20 – 30 minute segments to enhance the learning experience. It can be viewed on any smart device an unlimited number of times, 24 hours a day, 7 days a week.
Total viewing time (56:50)
Estimated time to complete the module and post-test 1.25 hours
ACCREDITATION STATEMENT
The Johns Hopkins University School of Medicine is accredited by the Accreditation Council for Continuing Medical Education (ACCME) to provide continuing medical education for physicians.
CREDIT DESIGNATION STATEMENT
The Johns Hopkins University School of Medicine designates this enduring material for a maximum of 1.25 AMA PRA Category 1 Credits™. Physicians should claim only the credit commensurate with the extent of their participation in the activity.
JHU Faculty/Staff Only: If you are using your Tuition Remission Benefit or an ION budget, please complete this REGISTRATION FORM 8 2014 and return with appropriate payment processing form to OCME, Turner 20. Information can be found on-line at http://www.hopkinscme.edu/
