Economic and financial pressures on the healthcare system continue to increase and are impacting the accessibility and affordability of care across the globe. Regulatory reform, rapidly changing technology and the increase in elderly and chronic patients put even more stress on the system. Healthcare Economics and Finance will explore these trends, their impact on quality and how to identify specific actions to improve the financial performance of healthcare delivery in your organization.
This unique program will benefit anyone who wants to not only understand the economics and finance of healthcare, but also influence the cost and efficiency of healthcare delivery while maintaining quality and outcomes.
This course requires absolutely no prior knowledge of, or background in healthcare finance – just a genuine passion for improving patient care and making healthcare more efficient and effective. Delivered in ways that are both emotionally engaging and immediately practical, the program empowers participants to transform their own department, business unit, institution or system from the moment they leave the classroom.
Benefits of Attending this Workshop
By attending this course, you will be able to gain insights about:
Healthcare Economic and Financial Trends – Current and historical economic trends impacting healthcare with a detailed analysis of key cost drivers. Includes financial benchmarks for different geographies as well as a discussion of cultural behaviors impacting healthcare systems
Key Financial Levers – Review and analysis of key levers that can impact the financial performance of healthcare systems. Includes and evaluation of the pros/cons of each lever as well as discussion of how strategy, culture and politics can influence the prioritization of financial levers.
Financial Management for Healthcare Organizations – Incorporates topics of planning and financial decision making as applied to health-care organizations. This module will cover financial analysis both as a proactive exercise and a tool for organizational control and issues of budgeting, cost determination, pricing and rate setting in a healthcare environment.
Healthcare M&A Deep Dive – Deep dive analysis of the impact of Mergers and Acquisitions in healthcare. Includes a case study exercise where participants will evaluate the decisions and outcome of a recent M&A d
Who Should Attend
This course is intended for professionals from healthcare industry, which includes but not limited to pharmaceutical companies, healthcare devices and technology suppliers, private healthcare insurance firms, hospitals and relevant government organizations and so on. This course will be especially beneficial for those who are interested in making healthcare more financially efficient and effective, the participants’ position can be but not limited to:
• Board of Directors
• C-Suite Executives
• Heads/Managers of Department
• Heads/Managers of Business Units
• All levels in Finance Department