Balancing Economics and Medicine for improved outcomes
Economic pressure often is regarded as detrimental to health care quality because the care providers may be influenced by the financials.
Inappropriate indications, too early or too many procedures, as well as too early discharge from hospitals, could lead to fatal consequences for the patients.
On the other hand, there is evidence that lean management and straightforward process optimization result in better medical results and subsequently improved economic outcomes.
We would like to help you solving this dilemma between medicine and economics with this practical course.
Inappropriate indications, too early or too many procedures, as well as too early discharge from hospitals, could lead to fatal consequences for the patients.
On the other hand, there is evidence that lean management and straightforward process optimization result in better medical results and subsequently improved economic outcomes.
We would like to help you solving this dilemma between medicine and economics with this practical course.
“The medical profession will be a free profession or it will not be.”
Giovanni Maio, *1964
Content and goal of the Course
Financial burden impairs medical outcomes
The financial burden correlates with the hospitals` ownership. In emerging economies, e.g., there is a growing trend toward privatization. In markets like India, almost 70% of all the care provided is in the private sector. Typically, such hospitals tend to be more fee for service-oriented.
It is possible that financial outcomes may sometimes outweigh clinical outcomes in such an environment.
Balancing economic parameters and healthcare quality
This course grants a basic yet pragmatic understanding of clinically relevant controlling principles and entrepreneurial risk management. We search for the key performance indicators for balanced overall hospital performance and suitable assessment of parameters pertinent to the daily routine.
The financial burden correlates with the hospitals` ownership. In emerging economies, e.g., there is a growing trend toward privatization. In markets like India, almost 70% of all the care provided is in the private sector. Typically, such hospitals tend to be more fee for service-oriented.
It is possible that financial outcomes may sometimes outweigh clinical outcomes in such an environment.
Balancing economic parameters and healthcare quality
This course grants a basic yet pragmatic understanding of clinically relevant controlling principles and entrepreneurial risk management. We search for the key performance indicators for balanced overall hospital performance and suitable assessment of parameters pertinent to the daily routine.
Hospital Economics: 4 practical sections
This course will equip medical professionals to have a meaningful and logical dialogue with their CFOs and board members on financial matters.
- Understanding the sources of conflicts between hospital economics and medicine
- Understanding and incentivizing healthcare professionals
- The impact of consumerism and positioning on hospital economics and profitability
- Hospital economics
- Costs and costing in hospitals
- The hospital Return-on-Investment circuit
- The Balanced ScoreCard (BSC) and key financial indicators
- Interpreting balance sheets and the impact of EBITDA on hospital management
- Capital structure and financing
- Valuation of hospitals
- Financial behavior and responses during a crisis
Architecture of the course`S sections
Each section of the the course follows our common didactic architecture:
The course includes our worldwide unique Hannover-Medical.Management Manual: free-of-charge downloadable tools, checklists, templates, and pathways.
The Hannover-Medical.Management Manual: Your 360-days Management guideline
Every training should create sustainable positive effects. Online courses or webinars should provide measurable results in a personal or professional context.
Hence, we have developed the Hannover-Medical.Management Manual to facilitate the practical application of our courses.
This manual is a constantly evolving collection of
Hence, we have developed the Hannover-Medical.Management Manual to facilitate the practical application of our courses.
This manual is a constantly evolving collection of
- checklists
- work templates
- project plans, and
- management & leadership tools.
Our guarantees
Substantial Content
The course comprises 4 sections that contain immediately applicable content, which ascertains a maximum value-per-time-ratio.
Even if you have never taken any management education before, you will be able to follow and implement our content because we break business tools down for easy use by doctors and nurses.
Even if you have never taken any management education before, you will be able to follow and implement our content because we break business tools down for easy use by doctors and nurses.
Clinically approved
In all sections, we exclusively offer tools and methods that we applied in hospitals and in our own scientific work.
We got our things going by using the principles and tools from the lessons and you will accomplish this, too.
We got our things going by using the principles and tools from the lessons and you will accomplish this, too.
No subscription
The FREE edition comes totally free of charge.
There are no hidden fees and no further obligations at all alongside the FREE, and the PRO edition.
There are no hidden fees and no further obligations at all alongside the FREE, and the PRO edition.
Technical Specs
All you need is a device with an internet browser and a stable internet connection.
No plugins, no extra software will be required.
No plugins, no extra software will be required.
Take the risk-free* online course now
* You can take the FREE edition of the course now without making any payment.
If you decide to go for the PRO edition to immediately boost all aspects of your presentation, we will refund your payment in case you are not satisfied with the course.
PERFORMANCE IMPROVEMENT PROGRAM
FREE edition
$
0
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Section 2: Continous improvement systems
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Access to the calculation matrix
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Immediately applicable in your hospital
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Test our quality for free
Take the FREE lesson now
The lessons of the FREE edition will give you an impression of our content, style, and quality, yet providing valuable, immediately applicable content.
FREE
PERFORMANCE IMPROVEMENT PROGRAM
PRO edition
$
390
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All features of the FREE edition
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Sections 1-4 (step-by-step guidelines)
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Access to all templates and checklists
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BONUS: 10% discount on future courses
Your comprehensive improvement program
Booking of the PRO edition will grant you a 10% discount on further courses, which can sum up to more than $300 of savings.