Programmes
14 July 2010: Additional Programme
Hospital Financial Management for the Non-Financial Manager In the first years of the 21st Century, clinical and operational managers must possess a solid understanding of the business side of the hospital and health system for which they work. Significant changes in payment systems, payment rates and operating costs have created a much greater need for clinical managers to assist their executives in producing “bottom line” results. This systematic and comprehensive approach of this programme brings into focus variables that impact directly on profitability, such as the management of productivity, supply chain (materials) and revenue cycle. It will allow you to communicate confidently with others using financial data, thereby enhancing your professional development career as a manager. This programme will focus on three major elements of hospital finance that operating managers should understand to assist in improvement processes. |
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| 0845 | Opening Remarks by Dr Chong Su-Lin, Organising Chairperson, APHM 2010 | |
| 0850 | Lowering staffing costs using labor management models and measures |  |
| a. Determining the major components of labor costs | ||
| b. Using sample reports and examples to | ||
| i. Analyze the hours worked and pay rate components that determine staff productivity and their importance in reducing labor costs | ||
| ii. Reviewing the part played by productivity measures and standards in determining overall staff productivity | ||
| c. Evaluating variance analysis to make current staffing decisions | ||
| 1015 | Tea Break and Exhibition Viewing | |
| 1115 | Reducing major non-salary expenses through cost management and supply chain management techniques | |
| a. Presenting the reasons why there is a great need and opportunity to reduce non-salary expenses | ||
| b. Exposing the need to manage for increased accountability in the hospital setting | ||
| c. Identifying specific areas of opportunity for rational expense reductions in the Supply Chain | ||
| 1245 | Lunch and Exhibition Viewing | |
| 1415 | Recognizing and understanding all elements of the revenue cycle The revenue cycle is a complex, convoluted and massive process that allows the hospital to maximize the cash receipt of monies owed by self pay and third party payers. |
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| a. Determining who is responsible for the revenue cycle | ||
| b. Exploring the departments that are involved | ||
| c. Understanding some of the overarching issues for revenue cycle management | ||
| d. Envisioning the entire revenue cycle in picture form | ||
| e. Describing the various components of the revenue cycle in some detail | ||
| 1530 | Tea Break and Exhibition viewing | |
| 1630 | Continuation of Recognizing and understanding all elements of the revenue cycle | |
| 1730 | End of Programme |
