Aster Health Academy

Menu
Menu
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Aster Health Academy > Management > MDP > Certificate in Planning & Budgeting for Healthcare Professionals
Certificate In Planning and Budgeting for Healthcare Professionals

Certificate in Planning & Budgeting for Healthcare Professionals

Accelerate your career with expertise in healthcare planning and budgeting

Course Outcomes:

  • Demonstrate a comprehensive understanding of healthcare finance including how money flows in healthcare
  • Discover the principles of financial planning and budgeting to manage money effectively
  • Explore strategic financial planning techniques to reach organizational goals
  • Implement effective budgeting strategies to optimize resource allocation and financial management in healthcare settings
  • Enhance decision-making and strategic planning skills

About the course:

In 2022, a survey conducted by IMA and Deloitte revealed that 82% of healthcare finance professionals are currently involved in or have finished a transformation in their finance functions. This means that healthcare organizations are relying more on their finance teams to help them with efficiency, quick decision-making, and useful insights.

 

The course in Planning & Budgeting in Healthcare teaches you how money works in healthcare and how to manage it wisely. You’ll learn how to plan and budget effectively to reach your organization’s goals. Additionally, the course explores how healthcare providers get money for important purchases and operations.

 

Developed in collaboration with Northeastern University and industry experts, this unique course integrates practical insights through case studies covering diverse healthcare scenarios. Upon completion, you’ll be equipped to capitalize on opportunities within the healthcare industry and drive positive financial outcomes for your organization.

 

 

Curriculum:


Module 1: Introduction to Financial Management

1
Understanding Healthcare Finance
2
Accounting Cycle
3
Balance Sheet Basics

Module 2: Financial Planning & Budgeting

1
Financial Planning VS Budgeting
2
Strategic Planning
3
Organizational Goals & Objectives

Module 3: Financial Planning & Analysis (FP&A)

1
Understanding FP&A to internal and external stakeholders.
2
Budget Variance Analysis
3
Capital Structure

Module 4: Long-term Financing

1
Long-term debt
2
Debt-compliance

Module 5: Healthcare Finance Metrics

1
Key Metrics in Healthcare Finance
2
Cash Flow estimation for Capital Budgeting
3
Price & cost metrics

Module 6: Financial Condition Analysis

1
Analytical techniques
2
Ratios Analysis
3
Benchmarking & KPI’s

Who this course is for:

  1. Healthcare managers or finance personnel involved in financial operations, budgeting & strategic planning
  2. Healthcare administrators or executives needing to understand financial concepts and metrics
  3. Healthcare finance professionals enhancing skills in financial planning, analysis, and long-term financing
  4. Clinical leaders or first-time department heads understanding financial performance metrics
  5. Professionals transitioning into healthcare finance roles
  6. Healthcare professionals seeking career advancement

Knowledge Partner:

Northeastern University

The eLearning course is developed in collaboration with Northeastern University, a renowned global research institution founded in 1898. Known for its experiential learning approach, Northeastern is a leader in cooperative education, providing students with hands-on experience in real-world settings. The university’s commitment to collaboration drives its use-inspired research enterprise, which focuses on addressing global challenges in health, security, and sustainability. With a spirit of innovation and a dedication to making a difference, Northeastern empowers learners to engage with cutting-edge ideas and contribute meaningfully to society. Join Northeastern University’s community of scholars and innovators and embark on a journey of transformative education and discovery.

Sample Certificate:

FAQ:

The course duration will be 6 weeks.
You will be granted full access to the learning content for 3 months, starting from the date of enrollment.
The time investment for the course includes 4-6 hours per week for asynchronous learning.
Yes. After successful completion of the course, you will be awarded a certificate from both Aster Health Academy and Northeastern University, Coursera.
Yes, we offer financial aid opportunities for participants.
Here's the structure of our refund policy: 1) A candidate is eligible for 75% refund if the drop out is within 7 days of launch of the program 2) A candidate is eligible for 50% refund if the drop out is within 8- 15 days of launch of the program 3) There is no refund if the drop out is after 15 days of launch.

Academic Team

Sunil Kumar M R
Joint Chief Financial Officer - Aster DM Healthcare: Finance & Accounts
Dr. Prashanth N
Chief Executive Officer- Aster DM Healthcare

Curriculum:


Module 1: Introduction to Financial Management

1
Understanding Healthcare Finance
2
Accounting Cycle
3
Balance Sheet Basics

Module 2: Financial Planning & Budgeting

1
Financial Planning VS Budgeting
2
Strategic Planning
3
Organizational Goals & Objectives

Module 3: Financial Planning & Analysis (FP&A)

1
Understanding FP&A to internal and external stakeholders.
2
Budget Variance Analysis
3
Capital Structure

Module 4: Long-term Financing

1
Long-term debt
2
Debt-compliance

Module 5: Healthcare Finance Metrics

1
Key Metrics in Healthcare Finance
2
Cash Flow estimation for Capital Budgeting
3
Price & cost metrics

Module 6: Financial Condition Analysis

1
Analytical techniques
2
Ratios Analysis
3
Benchmarking & KPI’s

FAQ:

The course duration will be 6 weeks.
You will be granted full access to the learning content for 3 months, starting from the date of enrollment.
The time investment for the course includes 4-6 hours per week for asynchronous learning.
Yes. After successful completion of the course, you will be awarded a certificate from both Aster Health Academy and Northeastern University, Coursera.
Yes, we offer financial aid opportunities for participants.
Here's the structure of our refund policy: 1) A candidate is eligible for 75% refund if the drop out is within 7 days of launch of the program 2) A candidate is eligible for 50% refund if the drop out is within 8- 15 days of launch of the program 3) There is no refund if the drop out is after 15 days of launch.
Certificate In Planning and Budgeting for Healthcare Professionals

Duration: 6 Weeks

Level: intermediate

Price:
Buy Now

Batch Start Date

Mar, 2024

Enquiry Form








    Includes

    Full lifetime access
    Access on mobile and TV

    Related Courses

    Certificate in Planning & Budgeting for Healthcare Professionals
    Price:
    INR 35,000
    Buy Now
    This website uses cookies and asks your personal data to enhance your browsing experience.
    Ok, I agree Privacy Policy
    Generic selectors
    Exact matches only
    Search in title
    Search in content
    Post Type Selectors