{"product_id":"principles-of-financial-decision-making","title":"Principles of Financial Decision Making (3.5 CME)","description":"\u003cp\u003e\u003c\/p\u003e\n\n\u003cp id=\"isPasted\"\u003eGain the skills and knowledge needed to navigate the economic side of health care. Become familiar with the basic principles of finance and understand the documents that reveal the fiscal health of an organization. By the end of the course, physician leaders will have covered strategies for managing costs and revenue in evolving payment systems.\u003c\/p\u003e\u003cp\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003eTopics include:\u003c\/p\u003e\u003cp\u003eThe economic pressures in the health care industry (and response to these pressures by health care organizations)\u003c\/p\u003e\u003cp\u003eThe relationship between operating results and the financial health of an organization\u003c\/p\u003e\u003cp\u003eThe economics of managing the cost structure and revenue function of the operating budget process in volume-based and fixed-pay environments.\u003c\/p\u003e\u003cp\u003e\u003cbr\u003e\u003c\/p\u003eCourse Objectives\n\nAfter completing this course, you will be able to:\n\u003cp\u003e\u003cbr\u003e\u003c\/p\u003e- Provide an overview of the economic pressures in the health care industry and responses to these pressures by health care organizations.\n\u003cp\u003e- Explore the importance of the relationship between the operating results and the financial health of the health care organization (i.e., the relationship between the Income Statement and the Balance Sheet).\n\u003c\/p\u003e\u003cp\u003e- Review the economics of managing the cost structure and revenue function of the operating budget process in a volume-based and fixed-pay environments (i.e., bundled and capitated).\n\u003c\/p\u003e\u003cp\u003e\u003cbr\u003e\u003c\/p\u003e\nDisclaimer\n\nThe American Association for Physician Leadership® is accredited by the Accreditation Council for Continuing Medical Education (ACCME) to provide continuing medical education for physicians.\n\nThe American Association for Physician Leadership® staff and the faculty presented for this activity have no relevant financial relationships with commercial interests to disclose.\n\nThe American Association for Physician Leadership® designates this enduring material for a maximum of 3.5 \u003cem\u003eAMA PRA Category 1 Credit(s) ™\u003c\/em\u003e. Physicians should only claim credit commensurate with the extent of their participation in the activity.\n\nOnce you click “accept disclaimer,” you will have access to course material and no refund will be allowed for this course.\n\u003cp\u003e\u003cbr\u003e\u003c\/p\u003e\n Collaborators\nThe content in this course was developed and vetted in collaboration with Mark Covaleski, PhD, CPA.\n\n\u003cp\u003e\u003cbr\u003e\u003c\/p\u003eKey Dates:\u003cbr\u003e\nCourse Review and Renewal Date: March 2026\u003cbr\u003e\nCourse Expiration Date: March 2029\u003cbr\u003e\nYour Course Access Expires: 365 days from your purchase of the course","brand":"AAPL Shopify","offers":[{"title":"Default Title","offer_id":44923180974217,"sku":"E-PFDM-I-EXP","price":265.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0080\/5578\/3490\/files\/33092f15b7f7008b60bd754c53516fa30d72bcf6.jpg?v=1774969245","url":"https:\/\/www.physicianleaders.org\/products\/principles-of-financial-decision-making","provider":"AAPL Shopify","version":"1.0","type":"link"}