Month 2: Healthcare Finance and Budgeting

Week 1: Healthcare Revenue Streams and Payment Models

• Understanding the various healthcare revenue streams, including insurance payments, government reimbursements, and out-of-pocket payments
• Introduction to healthcare payment models, including fee-for-service, capitation, and value-based care
• Overview of healthcare revenue cycle management, including billing and coding processes and denials management

Week 2: Healthcare Financial Statements and Analysis

• Introduction to healthcare financial statements, including balance sheets, income statements, and cash flow statements
• Understanding financial ratios and their application in healthcare financial analysis
• Review of financial performance metrics, such as return on investment (ROI) and operating margin

Week 3: Healthcare Budgeting and Forecasting

• Introduction to healthcare budgeting processes, including variance analysis and budget forecasting
• Understanding the components of a healthcare budget, including revenue projections and expense budgets
• Overview of healthcare cost control strategies, such as resource optimization and waste reduction

Week 4: Healthcare Capital Budgeting and Investment Decisions

• Introduction to healthcare capital budgeting processes and techniques, including net present value (NPV) and internal rate of return (IRR)
• Understanding healthcare investment decision-making, including risk analysis and opportunity cost considerations
• Overview of healthcare mergers and acquisitions, including due diligence and post-merger integration strategies