Advanced Hospital Financial Reporting & Analysis Training Event, 20.Apr.2025

Course Description

This intensive 5-day course equips healthcare finance professionals with advanced skills in hospital financial reporting, statement preparation, and analysis. Participants will learn to create comprehensive financial reports, interpret complex financial data, and apply analytical techniques to drive strategic decision-making in hospital settings.

Learning Objectives

• Master advanced financial reporting techniques specific to hospital environments
• Develop proficiency in preparing and interpreting complex hospital financial statements
• Apply sophisticated financial analysis methods to evaluate hospital performance
• Understand regulatory requirements and best practices in hospital financial management
• Utilize financial data to inform strategic planning and resource allocation

Course Modules

Day 1: Foundations of Hospital Financial Reporting

• Overview of hospital financial management
• Regulatory framework and reporting requirements
• Key financial statements for hospitals
• Chart of accounts and cost center structure

Day 2: Advanced Financial Statement Preparation

• Preparing complex balance sheets
• Developing comprehensive income statements
• Cash flow statement intricacies
• Statement of changes in net assets

Day 3: Specialized Hospital Financial Reporting

• Reporting for different hospital departments
• Handling complex revenue recognition
• Capital project and investment reporting
• Consolidation of multi-entity health systems

Day 4: Advanced Financial Analysis Techniques

• Ratio analysis for hospitals
• Trend analysis and forecasting
• Benchmarking against industry standards
• Cost-volume-profit analysis in healthcare

Day 5: Strategic Financial Management

• Utilizing financial data for decision-making
• Capital budgeting in hospital settings
• Financial risk management strategies
• Presenting financial information to stakeholders

Practical Wins for Participants

• Ability to produce accurate and compliant hospital financial reports
• Enhanced skills in interpreting complex financial data for strategic planning
• Improved capacity to identify financial risks and opportunities in hospital operations
• Increased confidence in presenting financial insights to hospital leadership