Financial Management in Health Care for Non-Financial Managers
“It’s amazing how many talented, well-educated physicians and clinical leaders experience the ‘imposter syndrome’ because they were never formally taught financial skills. Being able to speak the language of the CFO is a requisite to be a leader in health care today. “
— Ted Witherell, MA, ACC Lecturer / Program Director Harvard T.H. Chan School of Public Health
About the Program
Increase your financial literacy as a high-level health care stakeholder. In this course, you will learn financial management and control, and how to interact more effectively with finance personnel.
Program Fees
- Standard Price $2,200.00
Program Overview
Enhancing Financial Literacy for Health Care Professionals
Despite having extensive expertise, high-level health care stakeholders have not always developed the financial literacy needed to manage organizations and create financially sound strategies for delivering health care.
Health care has many unique aspects that make financial control as critical as it is challenging to manage. In the U.S., this includes recent shifts in health care policy towards payment structures that provide incentives for high-quality and efficient care, and shift of focus to a value-based care from traditional volume-based care. Similar complexities are impacting the financial part of health care management around the world. To help ease the impact, Financial Management in Health Care for Non-Financial Managers will increase health care leaders’ competence in the critical area of financial management and control.
Participants in this online program, led by Harvard experts, will benefit from a combination of learning approaches, such as case studies and interactive classroom discussions.
Upcoming Program Details
Within a learning environment that will facilitate career growth, you will develop an understanding in the following critical areas:
- The practical application of cost accounting and management control concepts in health care
- Basic knowledge of cost accounting, including full cost and differential cost accounting
- Management control structure and processes
- By developing financial literacy taught in this course, you will be better able to:
- Gain financial acumen that is necessary to be an effective health care leader
- New strategies for planning- and control -related functions that can be applied immediately on return to work
- Interactive discussion groups that facilitate the sharing of experiences, address specific challenges, and create real-time solutions
- Wisdom and expertise of Harvard faculty experts with field experience
- Essential financial concepts that are not provided through traditional clinical training
- Learn to speak the language of your CFO
All Times are Eastern Time (ET).
| Monday, March 17, 2025 | ||
|---|---|---|
| 9:30–10:30 am | Witherell | Program Introduction | Tuesday, March 18, 2025 |
| 9:00–11:00 am | Blanchfield | The Management Control Function |
| 11:00–11:30 am | Break | |
| 11:30 am–1:30 pm | Blanchfield | Full Cost and Differential Cost Analysis | Wednesday, March 19, 2025 |
| 9:00–11:00 am | Blanchfield | Differential Cost Analyses |
| 11:00 am–11:30 pm | Break | |
| 11:30 am–1:30 pm | Blanchfield | Management Control Structure, Responsibility Centers & Transfer Pricing | Thursday, March 20, 2025 |
| 9:00–11:00 am | Blanchfield | Integrating the Management Control System |
| 11:00–11:30 am | Break | |
| 11:30 am–1:30 pm | Blanchfield | Volume to Value Transition |
This agenda is subject to change.
This program has been specifically designed for high-level health care stakeholders, both in the U.S. and internationally, with the following titles:
- Administrator
- Assistant VP
- Professor, and Associate or Assistant Professor
- Chair
- Chief Administrative Officer
- Chief Medical Officer
- Chief Operating Officer
- Chief Nursing Officer
- Chief Nursing Executive
- Clinician
- Director
- Division Chief
- Dyad Partner
- Executive Director
- Health Care Administrator
- Physicians
- Senior VP
- Service Line Leader
- VP
Individuals interested in this program may also benefit from our online program Conflict, Feedback, and Negotiation in Health Care.
Credits & Logistics
The Harvard T.H. Chan School of Public Health is accredited by the Accreditation Council for Continuing Medical Education (ACCME) to provide continuing medical education for physicians.
The Harvard T.H. Chan School of Public Health designates this live activity for a maximum of 12 AMA PRA Category 1 Credits™. Physicians should claim only the credit commensurate with the extent of their participation in the activity.
Harvard T.H. Chan School of Public Health will grant 1.2 Continuing Education Units (CEUs) for this program, equivalent to 12 contact hours of education. Participants can apply these contact hours toward other professional education accrediting organizations.
All credits subject to final agenda.
All participants will receive a Certificate of Participation upon completion of the program.
To obtain the Executive Leadership in Health Care Certificate of Specialization, you must attend three of our health care leadership programs. Click here for more information.