What you’ll learn
- We start by confirming your accounting experiences for the goals and components of the financial system and the cost system in hospitals
- You are fully aware of the components of the accounting system in hospitals, the elements of the book collections, and the full documentary cycle of hospital accounts
- Learn all the statistical records and data organized for the functioning of hospitals
- With us, you can get to know all the elements of the accounting guidance for the financial activities in the hospital, starting with the elements of revenue and expenses, and ending with the extraction of the patient’s bill.
- She also mastered the components of the financial system and accounting procedures in the internal and external clinics in the hospital
- You can design a cost system that includes all the main and sub-activities of the hospital “for internal and external clinics, pharmacy, nutrition and buffet, operations and care ……”
- You will be able to determine all the elements of the cost centers in the hospital and determine the profitability of each of these centers, as well as the basis for distributing and charging the indirect costs to the patients ’accounts
- You can prepare all lists of combined and separate revenues and expenses to determine the profit of operating activities in the hospital
- You can prepare financial and detailed cost lists in the hospital
- You can measure and analyze all elements of the hospital’s financial statements using financial analysis of the financial statements in hospitals
This course includes:
- 5.5 hours on-demand video
- Access on mobile and TV
- Full lifetime access
- Certificate of completion
Description
Financial and accounting management skills for hospitals and health facilities
Health care is one of the largest industries in the world, and includes some of the most complex accounting transactions. Given the financial challenges facing the industry, it is essential that the healthcare accountant have a strong understanding of financial accounting. This course discusses accounting issues and financial reports related to hospitals, medical group practices, homes for the elderly, and other health care entities. The course covers the statute of accounting, financial reporting, and many practical topics for the accountant, including revenue recognition, payroll accounting, fixed asset accounting, debt obligations, and more.
In this course, you will learn how accounting shows the financial position of your organization and how to maintain the right path through an appropriate control cycle. You will understand the challenges identified in health care and learn about the indicator systems used in health care institutions. In a business game, you will run a hospital by default and understand accounting and monitoring tools.
Preparing financial statements for institutions for internal planning and oversight
Principles and methods for cost accounting and reporting
Indicator systems are specially designed for health organizations
Specific indicators of revenue control in the health care system
External accounting: structure and analysis of the balance sheet, calculation of profits and losses, as well as bookkeeping and cash flows
Various approaches to hospital improvement and their effects on key figures in the accounting system
Learn the most important cost accounting systems and understand how to deliver basic parameters in an organized manner
Learn how to measure the costs and quality of medical operations and how to determine the potential for improvement by analyzing deviation
Understand how revenue metrics are used in cooperation with health care payers
Gain knowledge that enables you to assess the financial position of your organization and others in a good way
Accounting and control methods are explained in a clear and practice-oriented manner
Designed specifically for the management of health organizations
Interactive learning with hospital work game
Understand the impact of improvement measures on key financial characters
Through the training bag for the accredited hospital accountant diploma
First you will be able to accomplish the following tasks: –
We start by confirming your accounting experiences for the goals and components of the financial system and the cost system in hospitals
You are fully aware of the components of the accounting system in hospitals, the elements of the book collections, and the full documentary cycle of hospital accounts
Learn all the statistical records and data organized for the functioning of hospitals
With us, you can get to know all the elements of the accounting guidance for the financial activities in the hospital, starting with the elements of revenue and expenses, and ending with the extraction of the patient’s bill.
She also mastered the components of the financial system and accounting procedures in the internal and external clinics in the hospital
You can design a cost system that includes all the main and sub-activities of the hospital “for internal and external clinics, pharmacy, nutrition and buffet, operations and care
You will be able to determine all the elements of the cost centers in the hospital and determine the profitability of each of these centers, as well as the basis for distributing and charging the indirect costs to the patients ’accounts
You can prepare all lists of combined and separate revenues and expenses to determine the profit of operating activities in the hospital
You can prepare financial and detailed cost lists in the hospital
You can measure and analyze all elements of the hospital’s financial statements using financial analysis of the financial statements in hospitals
Don’t forget to get an e-book with a 90% low display link in the welcome message !!!
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Who this course is for:
- Financial accountants are experienced
- Account heads or financial managers
- Business owners
How to Get this course FREE?
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