Course Summary
Contact Hour(s):
2 Contact Hours
Author:
Julia Tortorice (RN, MBA, MSN, EdD, NEA-BC)
This peer-reviewed course is applicable for the following professions:
Advanced Practice Registered Nurse (APRN), Athletic Trainer (AT/AL), Certified Nurse Midwife, Certified Nurse Practitioner, Certified Registered Nurse Anesthetist (CRNA), Clinical Nurse Specialist (CNS), Licensed Practical Nurse (LPN), Licensed Vocational Nurses (LVN), Midwife (MW), Nursing Student, Occupational Therapist (OT), Occupational Therapist Assistant (OTA), Physical Therapist (PT), Physical Therapist Assistant (PTA), Registered Nurse (RN), Registered Nurse Practitioner, Respiratory Care Practitioner, Respiratory Therapist (RT)
Accreditations:
The American Nurses Credentialing Center (ANCC), The American Occupational Therapy Association (AOTA), Board of Certification for Athletic Trainers (BOC)
State Approvals:
Alabama, Provider #ABNP1485; California BRN Provider #CEP # 13509; Kentucky Board of Nursing Provider #7-0085; Florida Board of Nursing Provider 50-353; Nevada Board of Physical Therapy; New York State Education Department’s State Board for Physical Therapy; Florida Physical Therapy Association Approval: CE 26-1082320
Course Description:
This course discusses basic healthcare economics, such as the budgeting process, productivity, cost containment, and reimbursement. Specific details are provided on the steps of budgeting, ways to contain healthcare costs, and avenues of service reimbursement.
Outcomes:
≥ 92% of participants will know basic healthcare economics concepts.
Objectives:
After this activity, the healthcare professional will be able to:
- Examine the basic steps involved in the budgeting process.
- Describe two revenue streams for healthcare organizations.
- Define managed care.
- Outline the advantages and disadvantages of managed care.
- Summarize approaches to cost containment in healthcare.
Disclosures:
CEUFast Inc. and the course planning team for this educational activity do not have any relevant financial relationship(s) to disclose with ineligible companies whose primary business is producing, marketing, selling, re-selling, or distributing healthcare products used by or on patients.