Introduction to Community Health Center Finance (FOM 1 - Part 1)

Welcome to the training.

This session will cover the history of health centers, including relevant financial issues. Specific focus will be placed on the benefits, requirements, and operating issues that are unique to health centers.

The day-to-day supervision of a health center Finance Department requires certain systems to ensure that daily, weekly, and monthly reporting information is available. This session will focus on developing accounting systems and generating reports.

This session addresses key elements of the grant application process in addition to changes resulting from HRSA’s Compliance Manual Chapter 17: Budget. Additionally, participants discover best practices and recommendations to avoid common mistakes during the budgeting process. Discussion will include guidance on accounting for: budgeting, behavioral health integration, and the impact of each on quarterly and annual reporting, specifically the Federal Financial Reports to be filed in the Electronic Handbook and Payment Management System.
The goal of this session is to help health center financial staff understand the health center budgeting and reporting processes and gain insight into the information HRSA / OIG / Financial Statement Auditors seek when reviewing a health center’s financial records.

This session addresses key elements of the grant application process in addition to changes resulting from HRSA’s Compliance Manual Chapter 17: Budget. Additionally, participants discover best practices and recommendations to avoid common mistakes during the budgeting process. Discussion will include guidance on accounting for: budgeting, behavioral health integration, and the impact of each on quarterly and annual reporting, specifically the Federal Financial Reports to be filed in the Electronic Handbook and Payment Management System.
The goal of this session is to help health center financial staff understand the health center budgeting and reporting processes and gain insight into the information HRSA / OIG / Financial Statement Auditors seek when reviewing a health center’s financial records.

This session will focus on the five elements of the 330 scope of service – sites, services, providers, service area, and target population – and how they influence health center finance and operations. We will also compare the Medicaid and Medicare scopes of service and the implications on health center changes in scope and reimbursement.

TBD