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Financial Decision Making
Prices include any applicable early registration discounts
Denver, CO
Jul 12, 2013-Jul 14, 2013
2013 Annual Full Financial Decision Making Series
Includes both Financial Decision Making on April 27-29 and Advanced Financial Decision Making on April 30 (saves up to $390).
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Techniques of Financial Decision Making
Course Description
The ability to apply financial principles and concepts to decision making is critical for the physician executive, but is often a mystifying blend of mechanical calculation and confusing theories. This course provides the knowledge and skills to turn the mysteries into tools you can use to shape your organization's strategic future. The focus is on operations and investment, and the integration of financial principles into those areas. The basic principles of finance will be taught along with the mechanical skills of manipulating financial tools, giving each participant a thorough understanding of the key areas required to both build and grow a fiscally healthy organization.
Specifics include:
- Really using financial and accounting statements.
- Budgeting and cost management that makes sense.
- Productivity and performance enhancement.
- Risks and returns within your organization and in capital markets.
- Practical investments for short and long term goals.
- Creating value for your organization in the competitive marketplace.
BONUS! SAVE up to $390 by taking the full series including both Techniques of Financial Decision Making + Advanced Financial Decision Making, April 27-30. Full series registration below.
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Target Audience
This CME activity is intended for physicians and other health care leaders who wish to learn the basic concepts in organizational finance. This is a required course in the degree and certification prerequisite curriculum.
Full InterAct or Live course format is the only accepted method for the degree/ certification program. Express does not meet the requirement.
Formats
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Course Objectives »
- To distinguish between accounting and finance.
- To identify the measures of financial performance.
- To understand the budgeting process.
- To use cost management and other tools to enhance productivity.
- To understand the time value of money.
- To determine the cost of capital.
- To evaluate risk and return in investment opportunities.
- To understand efficient capital markets.
- To create competitive value.
CME
Live Conference - 24 Category I CME
Full InterAct (with online session dates) – 24 Category I CME
Disclosure of Relevant Financial Relationships and Potential Conflicts of Interest
Consistent with ACPE CME policies, everyone involved in the development, management, presentation and evaluation of this CME activity has provided full disclosure information, and there are no relevant financial relationships with commercial interests to disclose.
Faculty Credentials
Live Course Faculty
Interact Faculty
Method of Physician Participation
Live Course - To earn CME credit, you must attend all the sessions for this course, be engaged in the lectures, and read the course materials. Estimated time to complete course- 24 hours.
InterAct (with online session) - To earn CME credit, you must watch all the lectures for this course (DVDs and/or website), read the course materials, participate in posting in the online discussion area and complete an online CME quiz. Full InterAct courses (with online session) concludes at the end of the session date. Estimated time to complete course- 24 hours over a six-week period.
Evaluation Method
Each ACPE CME activity includes an evaluation process to determine that the learning objectives have been met and that the activity was of educational value to the target audience and was unbiased. The evaluation also assesses whether or not the CME activity resulted in a change in physician practice behavior and offers participants a method of feedback.
Course formats and materials
Live Conference: PDF materials are available for download
InterAct Full (scheduled session): course lectures and readings on DVD, course booklet included, website for lectures, readings and discussion work.
Interact Requirements
System: Microsoft Windows 2000 or later / Mac OS X v10.4 or later
Browser: Internet Explorer 6.0 or later / Safari 3.x or later / Firefox 3.x Windows.
(Firefox for Macintosh is NOT supported)
 Flash and Adobe Reader required.
Accreditation — The American College of Physician Executives (ACPE) is accredited by the Accreditation Council for Continuing Medical Education to provide continuing medical education for physicians.
Designation for Live course and InterAct— The American College of Physician Executives designates this live activity for a maximum of 24 AMA PRA Category 1 Credit(s)™. Physicians should only claim credit commensurate with the extent of their participation in the activity.
Original Course Release Date (InterAct distance education only) — November 2010.
Course Termination Date (InterAct distance education only) — November 2013.
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