October 10, 2024 Events

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Thursday, October 10, 2024
» 10

Managing the Operating Budget
9:00 AM - 11:30 AM

Location: Live Webinar, Presented at your Facility

Fees:

  • Acute Care Hospital Member: $200 (Discount pricing is available for those that attend the entire series. Please see the attached brochure for details.)
  • Other Member: $200 (Discount pricing is available for those that attend the entire series. Please see the attached brochure for details.)
  • Non-Member: $250

This is session four of the six-session Essential Skills Every Leader Needs education series. If you'd like to register for the full six-session series, please e-mail CHA Education Services at EducationServices@chime.org. 

In today’s healthcare environment, resources are limited. Managers are challenged to get the most out of their budgeted resources and comply with budgetary constraints. The need for sound budget management tools is paramount. Managers must understand how to analyze their departmental performance, and how to modify performance to achieve their budgeted operational and financial objectives.

This two-part session will focus on understanding budget deviations, tools to analyze performance, approaches to tackling spending problems, and more. The first part of this session is a pre-recorded two-hour class, that will be available for viewing in advance, followed by a Q&A and discussion session, that includes opportunities for practice and feedback.

This session is taught by William J. Ward, Jr., associate professor at Johns Hopkins University and popular presenter for CHA Members.

As part of the program, participants will receive a simplified, userfriendly Excel financial model and a monograph (“Effective Budget Management Tools”) describing various tools and techniques for managing a budget.

View Brochure | Event Registration