Financial Skills: Budgeting Process and Accountability (Medicaid)
In this course, we’ll learn about how budgeting works in the healthcare industry—the budgeting process, the different types of financial statements, and best practices for forecasting. We’ll examine the different types of expenses that healthcare providers incur and key considerations when monitoring the budget.
- Define what budgeting in healthcare is and why it is important to understand the process
- Describe elements of financial statements and non-profit financial statements
- Name best practices for improving budgeting and forecasting
- Describe budgetary accountability responsibility
Advance Preparation: None
Program level: Basic
Delivery Method: Self-study
CPE Field of Study: Business Management and Organization
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