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2017 FOM/IT - eSHOW test collection


IThC3 - The Intersection of Finance and Strategy: Forecasting and Re-Budgeting to Manage Uncertainty


Oct 26, 2017 4:00pm ‐ Oct 26, 2017 5:30pm

Description

Health center leadership must be able to analyze and act upon financial information as part of an overall approach to strategic decision-making. This training will focus on the use of forecasting, budgeting, and scenario planning to support leaders in recognizing the underlying economic logic of programs, and adapting quickly to ensure business model sustainability. The presenter will address current regulations and issues that impact health centers. The development and use of internal and external financial reports will be discussed with an emphasis on using financial information in decision-making. Tools and techniques of financial statement analysis, interpretation, and presentation will also be discussed and practiced during the session. This training is designed to improve financial fluency across agency leadership, including: the practice of critical and analytical thinking; the ability to synthesize and plan; the knowledge of how to evaluate and respond quickly; and the skills to effectively communicate financial data. We will address the real challenges, problems, and opportunities of health centers dealing with and responding to the current economic environment.

Speaker(s):

  • Brent Copen, CFO and EVP of Business Development, Tiburcio Vasquez Health Center
  • Ms. Gervean Williams, MD, Director, Financial Trainings, Training and Technical Assistance, NACHC

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