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Finance for Medical Staff Leaders
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Finance for
Medical Staff Leaders
Course Description
As a leader on your organization's medical staff, you likely carry out peer review, make complex credentialing and privileging decisions, and fulfill other critical responsibilities that directly affect patient care, your organization's success, and even your own and your colleagues' livelihoods. Moving into an important medical staff leadership position without any training just sets you up to fail. You may not be able to commit the time and resources to leadership and management training appropriate for a career physician executive. That doesn't mean you have to face these new and often difficult challenges unprepared.
This course provides an introduction to finance--the vocabulary, translating reports and the economics of revenue and cost.
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Target Audience
This CME activity is intended for physicians and other health care leaders who wish to gain the management skills needed to be more effective leaders on their organization’s medical staff.
Formats
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Course Objectives »
- Discuss the essentials of budgeting and financial statements
- Use the language of finance to effectively communicate with CFOs and hospital administrators
- Recognize how to make effective resource allocation decisions
CME
InterAct Express (self study) - 3.5 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
Method of Physician Participation
InterAct Express (self-study) - To earn CME credit, you must watch all the lectures for this course, and read the course materials and complete an online CME quiz. Estimated time to complete course- 3.5 hours.
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 assess 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
InterAct Express (self-study): course lectures and readings on DVD, website for lectures, readings, there is no online discussion or assignments for Express.
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 InterAct Express— The American College of Physician Executives designates this enduring material for a maximum of 3.5 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) — March 2012.
Course Termination Date (InterAct distance education only) — March 2015.
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