Learning Outcomes

Fundamentals of Revenue Cycle Management

The Healthcare Reimbursement and Patient Registration Landscape

Insurance Verification and Eligibility

Patient Financial Services

Lesson Summary

This module introduces you to the fundamentals of Revenue Cycle Management (RCM) in healthcare. You will learn about the different stages of the revenue cycle starting from patient scheduling to filing insurance claims and establishing payment plans. Explore the various insurance verification tools.

Principles of Clinical Documentation

Compliance and Regulatory Environment

Coding Audits and Regulatory Updates

This module discusses the principles of clinical documentation and the importance of accurate documentation in managing revenue cycles in healthcare. You will learn about the role of medical coding in RCM. You will explore the common errors, ways to correct and prevent them and the Regulatory and Privacy Acts related to medical coding.

Billing Processes and Procedures

Denial Management and Payment Posting Strategies

Payment Posting Accuracy and Reconciliation

In this module, you’ll explore the billing cycle in healthcare. You learn how to submit clean claims that get approved, reduce claim denials, make accurate payment postings and manage partial and overpayments. In addition, you’ll learn about strategies to reduce medical debts and reconciliation for discrepancies in financial data.

Performance Monitoring and Improvement

Technology and Innovation in RCM

Audits and Risk Management

Career Development in Revenue Cycle Management

This module introduces you to the software used in RCM and the uses of AI and automation in optimising each revenue cycle stage. You’ll learn about the advantages of RCM audits and risk assessment and how they help identify KPIs in RCM and aid in continuous improvement. Explore the career development path in Revenue cycle management in healthcare.

Course Assessment - Comprehensive Guide to RCM for Healthcare Professional

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Mastering Revenue Cycle Management in Healthcare

Are you keen to master the intricacies of Revenue Cycle Management and propel your healthcare career? Our Comprehensive Guide to Revenue Cycle Management for Healthcare Professionals covers patient scheduling, insurance verification, billing, and rejection management to help you succeed in healthcare finance. This course was reviewed and approved by qualified subject matter expert Jherica Readus, a Revenue Management and Reimbursement Specialist.

Introduction to Financial Management

Financial Decision Areas

Other Financial Decision Areas

Scope of Financial Management

Roles of Financial Managers

Learn about the fundamental concepts of financial management from this module. You will study the important financial decision areas and the scope of financial management, along with the dynamic roles of financial managers.

Introduction to Financial Planning

Financial Forecasting

Financing Requirement

Components of Financial Planning

Learn more about the components of financial plans and forecasting financial statements from this module. You will also study methods of determining the external financing requirements, along with estimating the relevant growth rates.

Introduction to Time Value of Money

Future Value of A Single Amount

PV of Single Amounts and FV of an Annuity

Annuity and Sinking Fund

Practical Applications of Annuity

PV of Annuity - Practical Applications

PV of Growing Annuity and Perpetuity

Learn more about the practical applications of the time value of money in financial management from this module. Get to study the present and future values of annuities and perpetuities, along with varying compounding periods.

Introduction to Capital Budgeting

Capital Budgeting Process

Evaluating Investment Proposals

Net Present Value Criteria

Profitability Index and IRR

Internal Rate of Return

Learn about the processes involved in capital budgeting and the types of investment projects from this module. You will also learn about evaluating investment projects using the discounted and non-discounted investment criteria.

Modified Internal Rate of Return

MIRR and Payback Period

Accounting Rate of Return

Capital Budgeting in Practice

Capital Budgeting Problems - NPV and IRR

Capital Budgeting Problems - Mutually Exclusive Projects

Learn about the discounting and non-discounting techniques for appraising investment proposals from this module. You will get to study the modified internal rate of return, payback period, and accounting rate of return techniques.

First Assessment

You must score 80% or more to pass this assessment.

Introduction to Estimation of Project Cash Flows

Role of Managers and Cash Flow Stream

The Incremental Principle

Post-Tax and Consistency Principles

Constant Cash Flow Estimation

Learn about the guidelines of the basic principles of project cash flow estimation from this module. You will also study the role of financial managers in estimating cash flows and the elements of the cash flow stream.

Variable Cash Flow Estimation

Variable Cash Flow Estimation - Part 2

Cash Flows for Replacement Proposals

Inflation Adjustment

Cash Flow Problem

Replacement Cash Flow Problem

Learn about estimating project cash flows for capital budgeting decisions from this module. You will also study the relevant cash flows for replacement proposals and ways of adjusting cash flows for inflation.

Introduction to Risk Analysis

Sources and Perspectives of Risk

Techniques of Risk Analysis

Break-Even Analysis

Hiller's Model and Simulation Analysis

Decision Tree Analysis

Corporate Risk Analysis

Learn about the techniques of risk analysis for capital budgeting from this module. You will also study the use of diversification strategies in corporate risk analysis and the methods of project selection under risk.

Introduction to Cost of Capital

Sources of Debt Capital

Calculating the Cost of Capital

Approaches to Cost of Equity

WACC and Capital Structure

Divisional Cost of Capital and Flotation Costs

Misconceptions and Assumptions

Learn about the methods of estimating the weighted average cost of capital from this module. You will also learn about determining the optimal capital budget schedule, along with adjusting for floatation costs.

Approaches to Capital Structure

The Modigliani-Miller Theory

The Modigliani-Miller Theory - 2

Tax Effect on Capital Structure

Optimal Capital Structure and Dividend Policy

Learn about various approaches to determining the optimal capital structure of a firm from this module. You will also study the Modigliani-Miller theory and other theories such as the signaling theory and the pecking order of financing.

Second Assessment

Diploma in Financial Management for Managers - Final Assessment

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Diploma in Financial Management for Managers

Diploma in Financial Management for Managers is a free online course that teaches you the basic concepts and principles of finance and financial management. Learn about the techniques and processes essential for deciding on investment proposals for capital budgeting, estimating project cash flows, and computing the cost of capital for projects. Register for this course today and develop your career as a finance professional.

Introduction to Bookkeeping

Key Financial Statements and the Accounting Equation

The Double-Entry System

This module introduces the foundations of bookkeeping and financial reporting, covering basic concepts, essential terms, and bookkeeping methods. You will study key financial statements, the accounting equation, and the double-entry system to develop practical skills in recording transactions and managing financial data effectively.

Revenue and Expense Categories

Managing Payroll and Employee Expenses

Managing Accounts Payable, Receivable, and Inventory

This module provides an in-depth explanation of recording and managing business transactions, including revenues, expenses, payroll, and inventory. We examine the practical skills in categorising financial data, recognising the timing of transactions, and applying inventory valuation methods to enhance financial accuracy and operational efficiency.

Reconciling Accounts and Ensuring Accuracy

Creating and Interpreting Financial Reports

Bookkeeping Best Practices and Internal Controls

This module focuses on organising, analysing, and validating financial data. We discuss bank reconciliation techniques, financial report creation, and interpretation. The module covers vital skills in error detection, performance evaluation through financial ratios, and implementing best practices for internal controls and fraud prevention.

Course Assessment - Essential Bookkeeping Skills

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Essential Bookkeeping Skills

Are you ready to master the essentials of bookkeeping? This free course dives deep into financial reporting, transaction management, and data analysis, equipping you with the skills to maintain accurate records and make informed business decisions. This course was reviewed and approved by qualified subject matter expert Nisha Khanal, a bookkeeping and accounting consultant. Join us now to transform your financial management capabilities!

Fundamentals of Budgeting

The Balance Sheet

The Income Statement

The Cash Flow Statement

This module provides the learner with an introduction to the subject of financial management. The key objectives of financial management and the role of financial managers shall be discussed. A detailed explanation of the budgeting process shall be provided. Key financial reports including the periodic financial statements will also be analysed.

Statement of Stakeholder's Equity

Analysing and Interpreting Financial Statements

Inter-relationship Between Financial Statements

International Aspects of Financial Management

This module starts off with an explanation of the statement of shareholders' equity. The crucial skill required to interpret financial statements shall be discussed and key financial ratios identified. The inter-relationship between the various financial statements will be analyzed. Finally, the internationalization of businesses shall be explained

Basics of Financial Management - Course assessment

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Basics of Financial Management

Are you looking to develop a career in the field of financial management? Do you want to study the trends and calculations used to measure a company's performance? Then this finance course is the perfect opportunity. We introduce you to the basics of financial management, a solid foundation for you to build on. Then we guide you through it all, from budgets and ratio analysis to risk management, to prepare you for the next stage of your career.

Fundamentals of Financial Management

Financial Planning and Forecasting

Investment Decision-Making

Financing and Capital Structure

This module equips business managers with essential financial management skills, focusing on financial analysis, budgeting, and cash flow management. Through practical examples, you will gain the knowledge to make strategic financial decisions, optimise resources, and drive sustainable growth within your organisations.

Financial Management for Business Managers - Course Assessment

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Financial Management for Business Managers

This course teaches you how to interpret financial statements, use financial ratios, and apply the principles of the time value of money in business. Other key topics covered include budgeting, forecasting, and working capital management. Learn how to strategically plan and manage finances effectively by using essential calculations, such as Net Present Value (NPV), Internal Rate of Return (IRR), and Weighted Average Cost of Capital (WACC).

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