Managing the Operating Budget – Session 4

This is session four of the six-session Essential Skills Every Leader Needs education series. If you’d like to register for the full six-session series, please e-mail CHA Education Services at EducationServices@chime.org. 

In today’s healthcare environment, resources are limited. Managers are challenged to get the most out of their budgeted resources and comply with budgetary constraints. The need for sound budget management tools is paramount. Managers must understand how to analyze their departmental performance, and how to modify performance to achieve their budgeted operational and financial objectives.

This two-part session will focus on understanding budget deviations, tools to analyze performance, approaches to tackling spending problems, and more. The first part of this session is a pre-recorded two-hour class, that will be available for viewing in advance, followed by a Q&A and discussion session, that includes opportunities for practice and feedback.

This session is taught by William J. Ward, Jr., associate professor at Johns Hopkins University and popular presenter for CHA Members.

As part of the program, participants will receive a simplified, user friendly Excel financial model and a monograph (“Effective Budget Management Tools”) describing various tools and techniques for managing a budget.

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To access discounted member pricing, please log in to your CHA account by clicking “Member Login” in the top right of your screen.

You may pay directly via credit card on this website. To pay via invoice, please select the “PAY VIA INVOICE” ticket option (marked as $0 for online payment) and provide your contact information. CHA Education Services will invoice your organization for this registration.  If you have questions or concerns about invoicing for this program, please e-mail EducationServices@chime.org.