Introduction to Finance and Health Care Supply Chain
Free for Members and Non-Members
CONTINUING EDUCATION: 0.5 CECS
Develop essential skills in financial supply chain management to improve decision-making, control costs, and allocate resources effectively, while building strong collaboration with finance teams to align operations with your organization's goals.
Overview
In today’s complex health care environment, supply chain leaders need a strong grasp of hospital financial management to make effective decisions. How can a health care supply chain professional improve cost control and allocate resources efficiently? This course introduces key financial concepts, policies, and systems while highlighting strategies for resource allocation and health care cost control. Learn how supply chain and finance teams can collaborate to support organizational goals and strengthen overall financial health.
Learning Objectives
- Identify key financial terms and interpret basic financial statements, including balance sheets, income statements, and cash flow statements.
- Explain the need for records retention policies and identify the various document retention and filing systems in accordance with regulatory requirements.
- Discuss how supply chain can work effectively with finance departments to support health care financing administration and policy needs.