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Building bridges with clinicians.

Timothy S Brady1, Robert W Hankins

  • 1HHS Office of Inspector General, San Francisco, USA. TSJMBrady@netscape.net

Healthcare Financial Management : Journal of the Healthcare Financial Management Association
|July 18, 2003
PubMed
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Healthcare staff desire involvement in financial management. A curriculum was developed covering financial, managerial, and cost accounting, including cost allocation, trend, and variance analysis, to equip them with necessary financial tools.

Area of Science:

  • Healthcare Administration
  • Financial Management Education

Background:

  • Clinical and ancillary staff express a need for greater involvement in healthcare financial management.
  • Existing training gaps hinder effective participation of non-financial staff in financial decision-making.

Purpose of the Study:

  • To identify essential components for a financial management curriculum tailored to clinical and ancillary healthcare staff.
  • To develop training objectives focused on practical financial analysis skills relevant to healthcare settings.

Main Methods:

  • A multidisciplinary group of clinical and nonclinical professionals convened to define curriculum content.
  • Key areas identified included financial, managerial, and cost accounting principles.

Main Results:

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  • The curriculum design emphasizes understanding cost allocation, trend analysis, and variance analysis.
  • Training objectives were established to build practical financial acumen among healthcare personnel.

Conclusions:

  • A structured curriculum can effectively equip healthcare staff with financial management knowledge and skills.
  • Empowering staff through financial education can enhance their contribution to organizational financial health.