Administrator Series

Administrator Series
Ideal for those with a clinical background, Administrator Series will provide a new perspective and enhance business communication between administrators and their staff. Participants consider this series excellent preparation for the CASC exam.

Course participants learn how the activities they see and do every day are reflected in the financial statements. The course focuses on key financial terms such as: Cash Flow, Net Revenue and Net Income as well as the purpose of each financial statement. Participants learn how to:
Define, recognize and use key financial terms.
Compare and contrast these terms.
Associate the key terms with the corresponding financial statement.
Locate key numbers in the financial statements provided for your company's financial
statements.
Explain the purpose of each financial statement.


			course catalog
			course catalog	Administrator Series Ideal for those with a clinical background, Administrator Series will provide a new perspective and enhance business communication between administrators and their staff. Participants consider this series excellent preparation for the CASC exam. Course participants learn how the activities they see and do every day are reflected in the financial statements. The course focuses on key financial terms such as: Cash Flow, Net Revenue and Net Income as well as the purpose of each financial statement. Participants learn how to: Define, recognize and use key financial terms. Compare and contrast these terms. Associate the key terms with the corresponding financial statement. Locate key numbers in the financial statements provided for your company's financial statements. Explain the purpose of each financial statement.

	master key financial terms

		understanding your reports
		understanding your reports		Course participants learn how patient accounting systems capture and report information, how the numbers are reported to the financial statements and ways to ensure the numbers are right. Participants will: Define a transaction. Name the main types of transaction categories used in patient accounting systems. Explain the impact of each transaction category on Accounts Receivable. Prepare a reference tool summarizing the types of transactions captured in each category. Define the terms: payer, carrier, financial class and insurance type. Use system reports to learn how the information is summarized and reported.


analyze your financial statements
				Course participants use financial statements and graphs to identify and explain important operational trends and use sample information and templates to create easy to understand financial presentations that are ideal for board meetings. Participants learn how to: Explain the purpose of each financial statement. Identify trends using financial statements and graphs. Explain the trends identified. Calculate A/R Days. Compare and contrast indirect versus direct costs, and variable versus fixed costs. Use ratios to evaluate and monitor significant expenses.