2022 Avera vLEAD Leadership Series - Principles of Healthcare Finance (Enduring Material)

Instructions to Receive Credit

Date & Location
Monday, May 2, 2022, 8:00 AM - Saturday, December 31, 2022, 5:00 PM, Avera CE Portal

Overview
This session is a recording of a presentation from Kory Holt on healthcare finance basics. Kory breaks down the principles of healthcare finance , including the breakdown of formulas and methodologies of revenues and expenses and how this correlates in the healthcare setting. This information is a helpful look at how leaders can understand revenue and expense flow, and how this understanding can be applied to help their teams understand it.

Target Audience
Specialties - Administration, Health Administration, Leadership
Professions - Administration, CEO, Chaplain, Director, Executive Leader, Manager, Nursing Facility Administrator, Physician, Social Worker, Vice President

Accreditation
Physicians
Avera is accredited by the Accreditation Council for Continuing Medical Education to provide continuing medical education for physicians. Avera designates this educational activity for a maximum of 1.0 AMA PRA Category 1 Credits(s)™. Physicians should claim only the credit commensurate with the extent of their participation in the activity.

Nurses (NCPD)
Avera is accredited as a provider of nursing continuing professional development by the American Nurses Credentialing Center's Commission on Accreditation.  A total of 1.0 contact hours can be received upon completion of this education activity. Attendance at the entire educational activity is required to receive contact hours.

Social Workers
Avera Health Provider #1029 is an approved provider of continuing education by the South Dakota Board of Social Work Examiners.  Social Workers will receive 1.0 continuing education clock hours for participating in this course.

Nursing Facility Administrators
Avera is an approved provider of continuing education for South Dakota through the South Dakota Board of Nursing Facility Administrators. This educational activity is approved for 1.0 hours for nursing facility administrators.



Objectives
80% of learners will self-report an increase in knowledge and competence of the tools utilized in order to effectively lead their teams by the end of the activity. 

  1. Discuss how successful teams and high quality leadership lead to an improved health care delivery system.
  2. Define and understand the flow of resources.
  3. Translate clinical activity to monetary value.
  4. Apply contextual understanding of history’s impact on healthcare revenue.
  5. Understand profitability and relevance of operational performance to capital capacity.
  6. Articulate financial benchmarks, measurement, and creditworthiness.

Registration
There is no cost for this educational activity.

Additional Information
ADA Statement:
ADA accommodations will be made in accordance with the law. If you require ADA accommodations, please indicate what your needs are at the time of registration. We cannot ensure the availability of appropriate accommodations without prior notification.

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