Leading for Effective Financial Management: Learning Objectives
At the conclusion of the Independent Study the participant will:
1. Explain financial reporting in healthcare systems and its impact on pharmacy leadership decision making.
2. Describe how organizational factors, such as changes in hospital services, new technologies, and the introduction of new drugs impact planning for pharmaceutical expenditures.
3. Evaluate systems to manage pharmacy expense and optimize resource utilization using benchmarking and other metrics.
4. Describe the element of a business plan that effectively supports a new pharmacy services
At the conclusion of the Web Presentation the participant will:
1. Explain financial reporting of healthcare systems and their application to pharmacy leadership decision making.
2. Describe how organizational factors, such as changes in hospital services, new technologies, and the introduction of new drugs impact planning for pharmaceutical expenditures.
3. Evaluate systems to manage pharmacy expense and optimize revenue capture based on changes in pharmaceutical supply reimbursement models.
4. Learn to apply analysis technologies such as variance analysis cost/benefit and Return on Investment (ROI) principles to decision making.
At the conclusion of the Case Study/Teleconference the participant will:
1. Explain financial reporting in healthcare systems and its application to pharmacy leadership decision making.
2. Describe how organizational factors, such as changes in hospital services, benchmarking programs, and the introduction of new drugs impact pharmacy planning.
3. Evaluate systems used to quantify pharmacy expense and optimize revenue capture based on changes in pharmaceutical supply reimbursement models.
4. Discuss methods to:
a. Understand the organizational impact and actively participate in responding to the change,
b. Collect and assemble information to communicate an understanding of the pharmacy's current state and support a proposed future state.