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Live Program
Physician in Management
Seminar (PIM)-Finance
Course Description
Learn key financial concepts and basic economic principles that will earn you respect from administration and admiration from clinicians.
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Blow away the smoke when dealing with CFOs and accountants.
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Interpret financial statements-they don't say what you think they say.
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Discover what costs are really relevant for decision-making.
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Create cost and payment structures that work to your advantage.
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Learn why you can make a profit and still go out of business-and how to avoid it.
Objectives
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Distinguish among the general types/areas/levels of fiscal management.
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State the basic differences between accrual and cash concepts.
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Explain the basic characteristics of income statements and balance sheets.
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Identify payment mechanisms' differential incentives.
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Explain basic cost and revenue structures.
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Describe the trade-offs between fixed and variable costs.
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Define "contribution margin."
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Enumerate pitfalls in making decisions using average cost.
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Explain the broad distinctions between the fiscal disciplines of accounting
and finance.
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Describe the conceptual components of a required rate of return.
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State why accounting profit is not sufficient as a measure of economic
success.
Faculty
Tulane University
CME
7 CME Credits (Graduate
Degree Section 1 Elective)
Delivery
Live Progam see below for dates and locations
Disclaimer
The faculty may change the order according to their teaching
preference.
Purchase
Non Member Price: $335
Member Price: $320-
You Save $15
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