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Course Description

To be an effective leader, healthcare professionals must be able to monitor, analyze, and make decisions about the financial status and growth of their organizations. In this course, Dr. Robert Karpman, a surgeon and entrepreneur, explores the basic elements and practices of financial monitoring and management. 

The course begins with a look at common financial statements. You will then examine financial ratios and determine how they can be used for benchmarking and performance management. Finally, you will look at financial projections and how they are used to support business plans.  At the end of this course, healthcare professionals who have little or no financial experience will be able to analyze and work with their organization's financial reports.  

It is recommended to only take this course if you have completed Managing People in a Healthcare Setting or have equivalent experience.

Faculty Author

Dr. Robert Karpman, Director of the Business Minor for Life Science Majors, Dyson School for Applied Economics and Management, Cornell University

Benefits to the Learner

  • Analyze financial statements to assess the financial stability and progress of an organization
  • Apply standard financial ratios to financial data to make strategic decisions
  • Review and develop financial projections in support of business initiatives

Target Audience

Medical, nursing, and dental professionals involved in delivering clinical care who hold or who aspire to administrative or managerial responsibilities. Students may come from any size practice, and could work in either the for-profit and non-profit sector, primarily in North America.

Applies Towards the Following Certificates

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Enroll Now - Select a section to enroll in
Type
2 week
Dates
Jun 05, 2024 to Jun 18, 2024
Total Number of Hours
10.0
Course Fee(s)
Contract Fee $100.00
Type
2 week
Dates
Jul 31, 2024 to Aug 13, 2024
Total Number of Hours
10.0
Course Fee(s)
Contract Fee $100.00
Type
2 week
Dates
Sep 25, 2024 to Oct 08, 2024
Total Number of Hours
10.0
Course Fee(s)
Contract Fee $100.00
Type
2 week
Dates
Nov 20, 2024 to Dec 03, 2024
Total Number of Hours
10.0
Course Fee(s)
Contract Fee $100.00
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