Financial Management & Accounting for Healthcare: 1 Day Course, Minneapolis
Description
๐ Bringing friends makes learning even better!
Tired of attending workshops alone? Gather your colleagues, friends, or team members and join the session together.
Contact info@mangates.com to unlock our exclusive group discounts and special offers for group bookings.
Don't miss outโexciting deals are available for a limited time. Enquire today and save more when you learn together!.
Course Overview:
This 1 Day workshop gives you practical, beginner-to-intermediate financial and accounting skills specifically tailored to healthcare businesses. You learn how finances flow inside hospitals, clinics, diagnostic centers, and healthcare service providers, covering revenue cycles, cost structures, budgeting, financial statements, KPIs, and basic decision-making models.
The content focuses on real healthcare scenarios, including payer reimbursements, insurance-driven revenue, service-line profitability, cost management, and financial planning for sustainable healthcare operations.
Learning Objectives:
By the end of the course, you will be able to:
Understand healthcare-specific financial flows and structures.
Interpret financial statements with basic confidence.
Analyze costs and manage departmental spending effectively.
Build simple budgets and financial plans.
Understand RCM workflows and identify improvement areas.
Use KPIs and metrics to assess financial performance.
Support better decision-making with financial insights.
Target Audience:
This course is ideal for:
Hospital & clinic managers
Healthcare administrators & supervisors
Billing, RCM & finance teams
Quality and operations managers
Healthcare entrepreneurs
Anyone responsible for financial decisions in healthcare
Why Choose This Course?
This workshop combines financial fundamentals with healthcare-specific operational realities, giving you actionable skillsโnot theory. The trainer brings industry experience in healthcare finance, budgeting, RCM, and strategic planning, ensuring you learn tools you can immediately apply within hospitals, clinics, or healthcare business operations.
ยฉ2026 Mangates Tech Solutions Pvt Ltd. This content is protected by copyright law. Copy or Reproduction without permission is prohibited.
Gallery
Agenda
Module 1: Healthcare Finance Foundations & Revenue Streams
โข Understanding major revenue sources in healthcare โข Cash flow cycles for hospitals & clinics โข Differences between payer types & reimbursement models โข Icebreaker Activity
Module 2: Cost Structure & Expense Management in Healthcare
โข Fixed vs variable costs across departments โข Cost drivers: staffing, supplies, consumables, equipment โข Managing operational and overhead expenses โข Activity
Module 3: Financial Statements for Healthcare Managers
โข Income statement, balance sheet & cash flow basics โข Reading financial performance in healthcare โข Identifying red flags & improvement opportunities โข Role Play
Module 4: Budgeting & Forecasting for Healthcare Units
โข Building annual and departmental budgets โข Volume-based and service-line forecasting โข Simple models for planning growth and expenses โข Case Study
Module 5: Revenue Cycle Management (RCM) Essentials
โข Patient registration โ billing โ collections process โข Denial prevention, coding accuracy & documentation flow โข Improving charge capture and payment turnaround โข Simulation
Module 6: KPIs, Ratios & Performance Metrics for Healthcare
โข Monitoring key financial indicators (AR days, collection rate) โข Operational KPIs: utilization, productivity, cost per visit โข Benchmarking performance across service lines โข Group Brainstorm Activity
Module 7: Financial Decision-Making for Healthcare Leaders
โข Basic financial evaluation for new services or investments โข Break-even thinking & cost-benefit considerations โข Prioritizing financial sustainability and value โข Action Plan Review
Tickets for good, not greed Humanitix dedicates 100% of profits from booking fees to charity















