Professional Certificate in Modern Hospital Accounting
-- ViewingNowThe Professional Certificate in Modern Hospital Accounting is a comprehensive course designed to equip learners with the latest skills in hospital accounting. This program is crucial in today's healthcare industry, where financial management plays a significant role in hospital operations.
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โข Hospital Financial Accounting: An in-depth exploration of financial accounting principles and practices specific to the hospital industry, including financial statement preparation, cost accounting, and budgeting.
โข Revenue Cycle Management: Understanding the key processes and best practices for managing hospital revenue cycles, including patient access, charge capture, insurance verification, coding, billing, and collections.
โข Healthcare Reimbursement Systems: A comprehensive review of the various reimbursement systems used in the hospital industry, including Medicare, Medicaid, and private insurance, and their impact on hospital financial performance.
โข Managed Care Contracting: Strategies for negotiating and managing contracts with managed care organizations, including capitation, risk sharing, and quality-based incentives.
โข Cost Containment and Reduction: Techniques for identifying and reducing hospital costs while maintaining quality of care, including supply chain management, productivity improvement, and utilization management.
โข Financial Analysis and Decision Making: Tools and techniques for analyzing hospital financial data to support decision making, including ratio analysis, trend analysis, and scenario planning.
โข Regulatory Compliance: An overview of the regulatory environment for hospital accounting, including fraud and abuse laws, HIPAA, and the Affordable Care Act.
โข Advanced Topics in Hospital Accounting: Emerging trends and issues in hospital accounting, including value-based purchasing, population health management, and healthcare data analytics.
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