Activity ID
2759Expires
June 30, 2024Format Type
InternetCME Credit
5.0Fee
$650CME Provider: American Association for Physician Leadership
Description of CME Course
It’s no secret that CEOs need to maintain a significant level of knowledge about their organization’s financial status, but how much do they really need to know? This course introduces areas of vital importance that every CEO should be aware of in relation to the financial health of their organization. After completing this course, leaders will be able to speak authoritatively about important financial concepts, plan for strategic decision making, and unite employees to improve quality and reduce costs.
Topics covered in this course include:
The role of a CEO in health care finance
Overview of health care finance concepts
Strategies for managing organizational growth
Importance of operating margin and other key data points
Tracking Key Performance Indicators and quality metrics
Creating value and community appeal
ABMS Member Board Approvals by Type
ABMS Lifelong Learning CME Activity
Allergy and Immunology
Anesthesiology
Family Medicine
Nuclear Medicine
Physical Medicine and Rehabilitation
Plastic Surgery
Preventive Medicine
Psychiatry and Neurology
Radiology
Thoracic Surgery
Urology
Commercial Support?
NoNOTE: If a Member Board has not deemed this activity for MOC approval as an accredited CME activity, this activity may count toward an ABMS Member Board’s general CME requirement. Please refer directly to your Member Board’s MOC Part II Lifelong Learning and Self-Assessment Program Requirements.
Educational Objectives
• Describe the role of a CEO as it relates to an organization’s financial health
• Identify key data points that a health care CEO should be aware of
• Develop solutions for common financial challenges in health care
• Identify and evaluate opportunities for organizational growth
• Create strategies to improve an organization’s operating margin
• Explain the financial risks associated with providing unnecessary care
• Summarize approaches for improving quality through physician engagement
• Establish a culture that attracts top talent and adds community value
Keywords
Finance, Leadership, Strategic Planning
Competencies
Practice-based Learning & Improvement
CME Credit Type
AMA PRA Category 1 Credit
Physician Well-being activity
Organizational Culture of Wellness
Practice Setting
Physician Executives
