Finance Fundamentals for Hospitals (Hospital Financial series Part 2)
2024 On-Demand Webinar Recordings | 2024 Leadership
SDAHO will provide a hospital financial webinar series, where we explore the fundamental concepts and strategies essential for managing the financial health of healthcare institutions. These two sessions cover a range of topics, including budgeting, revenue cycle management, cost control, financial reporting, and compliance. Whether you’re new to healthcare finance or looking to deepen your understanding, join us as we delve into key principles and best practices to help you navigate the complex financial landscape of hospitals.
During the second session, attendees will understand the basics of financial statements including the balance sheet, income statement and cash flow statement. This session will cover hospital budgets, budget variances and implications for overall financial performance. Key performance indicators and how to interpret these indicators will be discussed. In addition, this session will share how they impact your overall financial strength of your organization.
Participants of the Finance Fundaments program will understand:
- The basics of financial statements including the balance sheet, income statement and cash flow statement.
- Hospital budgets, budget variances and implications for overall financial performance
- Key performance indicators and how to interpret indicators to understand overall financial strength of your organization
Presenter: Jane Jerzak, Principal, PYA P.C.
Jane Jerzak brings three decades of audit and consulting experience to her work with PYA healthcare clients in the areas of financial modeling, clinical data analytics, and strategic advisory support. Along with the PYA Business Intelligence and Managed Care service lines, she assists health systems, hospitals, ambulatory surgery centers, and physician clinics to recognize appropriate reimbursement.
Jane is a recognized thought leader and has authored articles on a wide range of topics, including value-based care, strategic hospital analytics and pricing, clinical integration, population health, and more. She developed healthcare industry presentations on strategic, financial, and reimbursement topics, including: “Understanding the Impact of Value-Based Care,” “Business Analytics for Critical Access Hospitals,” and “Strategic Hospital Pricing”.
Presented: May 21, 2024