Interested in this course? Subscribe for all the latest updates.
This program is not currently available for registration. Click subscribe to be notified when information becomes available.
All information is subject to change.
Interested in this course? Subscribe for all the latest updates.
This program is not currently available for registration. Click subscribe to be notified when information becomes available.
All information is subject to change.
Despite having extensive medical expertise, physician leaders have not always developed the financial literacy needed to manage organizations and create financially sound strategies for delivering health care.
There are many financial characteristics unique to health care that significantly enhance the importance of financial management control – and can also make it challenging to assume fiscal responsibilities. Recent shifts in U.S. health care policy towards payment structures that incent high quality and efficient care, a refocus on value-based care from volume-based care, and an increased emphasis on cost containment and quality measurement add to these challenges
This online program will increase physician leaders’ competence in the critical area of financial management and control. Led by Harvard experts, you will benefit from a combination of learning approaches, such as case studies and interactive classroom discussions.
Key financial concepts covered in this course include:
You will learn methods for determining the full cost of delivering health care, examine fixed costs, variable costs, direct costs, indirect, as well as when differential costs should be used rather than full costs.
By the end of the program, you will have the understanding and skills to more effectively manage the planning and control-related activities of your department or division. This includes the ability to interact more effectively with the finance personnel in your hospital and practice settings.
Within a learning environment that will facilitate career growth, you will develop an understanding in the following critical areas:
By developing financial literacy taught in this course, you will be better able to:
All participants will receive a Certificate of Participation upon completion of the program.
This program has been specifically designed for physicians holding management-level positions in the United States or Canada. Physicians with the following titles are strongly encouraged to apply:
Current or recent past experience would include:
Individuals interested in this program may also benefit from our online program Conflict, Feedback, and Negotiation for Leaders in Academic Health Centers.