If you are currently working in the health care industry and feel that you need to expand your horizons, both personally and professionally, you might want to consider looking into the financial management side of health care.
Market trends are forcing hospitals to look at the managed care payments and be more proactive in sophisticated ways. Most healthcare managers are well trained in a clinical situation, but often lack the education and/or experience in business and finance.
This training is necessary for career advancement and personal growth. Most health care settings do not provide a financial management training program, and managers may feel ill at ease with the job of trying to understand complex financial data. By not being trained, a management level employee could miss an opportunity to take action that could make a significant difference to the organization’s financial success.
To become educated in financial management there are workshops available which cover topics like financial and accounting concepts specifically related to the healthcare industry; managing units costs; the impact of managed care on reimbursement levels; selecting financial performance indicators; and acquiring the necessary tools to demonstrate financial management capability.
There are publications like “Healthcare Financial Management” which is written and edited for finance professionals in hospitals and other health service organizations. This publication covers topics specific to healthcare finance, such as the following:
strategic planning accounting practices leadership development management issues information systems network development legislative and regulatory issues capital finance cost management patient financial services emerging financial trends
The articles in this publication are directed toward individuals responsible for all facets of the financial management of healthcare organizations.
There are also several options to obtain further education applicable to the healthcare financial management field. You can continue on in your present employment and get a degree online through Jones International University, where you can obtain an MBA in Healthcare Financial management.
It can all be done in the comfort of your own home, on your own time. Capella University, University of Phoenix and Colorado Technical University offer online course in healthcare management, which will give you the theory, practical application and real world case studies to let you advance in the field.
As you can see, there are several avenues available to further yourself in this important part of the health care industry. It is important to be part of the group that improves the bottom line of a hospital or health care management company, a person who is seen as innovative and on the cutting edge. Don’t wait. Be that person tomorrow!
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Westwood College isn't your typical institution of higher learning. With our career-focused education, students can earn a bachelor's degree in just three years and some associate degrees in as little as 20 months.
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With convenient class locations as well as online learning, University of Phoenix makes quality higher education highly accessible. Whether you’re seeking an associate’s, bachelor’s, master’s or doctoral degree, we can help you reach your goal while you work – and much sooner than you might expect.
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An accredited online university founded in 1970 and dedicated to enabling the success of working professionals around the world. Join 33,000+ students making a positive change in their careers and the lives of others.
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At ITT Tech we are committed to helping men and women develop the skills and knowledge to pursue many opportunities in fields involving technology, criminal justice, and business.
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Whether you want to change or advance your career, Kaplan University will help you get the education you need for the life you want to live. Offering online flexibility, the personal attention of a campus-based experience, reduced costs, financial aid assistance, and a quicker path to your degree, Kaplan University is a smart choice for working adults.
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Florida Career College has been specializing in career training since 1982. All our programs are specially designed with employers' requirements in mind. We train individuals who want to succeed in the fields of Allied Health, Cosmetology, Information Technology, and Business and Wellness.
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As an accredited university, Capella University takes online education to a higher level. We believe that real, life-changing learning happens in an environment of academic excellence, challenge, and personal connection.
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Founded in 1970, American InterContinental University offers a wide range of Associate, Bachelor's and Master's degree programs. Our institution of higher learning is focused on helping students acquire industry-current knowledge and skills as they pursue, build and advance their careers in many of today's most in-demand fields.
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Programs at Argosy University are geared to your lifestyle. Depending on the program you select, you may be able to choose from day, evening and weekend schedules. Many of our classes are accessible online providing outstanding instruction and resources no matter where you are or what time of day it is.
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Tags: accounting, capella university, career advancement, employment, finance, health care, management, University of Phoenix
This entry was posted
on Friday, December 5th, 2008 at 12:00 am and is filed under Business and Management, Medical and Nursing.
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