Healthcare Financial Management & Accounting – 1 Day Course in Toronto

💡 Group Discount Alert – Learn More, Save More Together!
🎟️ Check tickets now for exciting group discounts!

Duration: 1 Full Day (8 Hours)
Delivery Mode: Classroom (In-Person)
Language: English
Credits: 8 PDUs/Training Hours
Certification: Course Completion Certificate
Refreshments: Lunch, Snacks and beverages will be provided during the session

This 1-day workshop delivers practical, beginner-to-intermediate financial and accounting skills tailored specifically for healthcare organizations. You will gain a clear understanding of how money flows across hospitals, clinics, diagnostic centers, and healthcare service providers—covering revenue cycles, cost structures, budgeting, financial statements, KPIs, and core financial decision-making.

The program is built around real healthcare scenarios, including payer reimbursements, insurance-driven revenue models, service-line profitability, cost control, and financial planning for sustainable healthcare operations.

By the end of this course, you will be able to:

• Understand healthcare-specific financial structures and workflows
• Read and interpret financial statements with confidence
• Analyze costs and manage departmental spending effectively
• Develop simple budgets and financial plans
• Understand Revenue Cycle Management (RCM) processes and identify improvement areas
• Use KPIs and financial metrics to assess performance
• Support operational and strategic decisions with financial insights

• Hospital and clinic managers
• Healthcare administrators and supervisors
• Billing, RCM, and finance teams
• Quality and operations managers
• Healthcare entrepreneurs
• Professionals responsible for financial decisions in healthcare settings

©2026 MG Aussie Events. This content is protected by copyright law. Copy or Reproduction without permission is prohibited.

This workshop blends essential financial fundamentals with real healthcare operational challenges—focusing on practical application rather than theory. Led by an industry-experienced trainer, the course equips you with tools and frameworks you can immediately apply within hospitals, clinics, and healthcare businesses to improve financial control, planning, and decision-making.

📧 Contact us today to schedule a customized in-house, face-to-face session:

[email protected]

Info: • Understanding major revenue sources in healthcare
• Cash flow cycles for hospitals & clinics
• Differences between payer types & reimbursement models
• Icebreaker Activity

Info: • Fixed vs variable costs across departments
• Cost drivers: staffing, supplies, consumables, equipment
• Managing operational and overhead expenses
• Activity

Info: • Income statement, balance sheet & cash flow basics
• Reading financial performance in healthcare
• Identifying red flags & improvement opportunities
• Role Play

Info: • Building annual and departmental budgets
• Volume-based and service-line forecasting
• Simple models for planning growth and expenses
• Case Study

Info: • Patient registration → billing → collections process
• Denial prevention, coding accuracy & documentation flow
• Improving charge capture and payment turnaround
• Simulation

Info: • Monitoring key financial indicators (AR days, collection rate)
• Operational KPIs: utilization, productivity, cost per visit
• Benchmarking performance across service lines
• Group Brainstorm Activity

Info: • Basic financial evaluation for new services or investments
• Break-even thinking & cost-benefit considerations
• Prioritizing financial sustainability and value
• Action Plan Review

Know what’s Happening Next — before everyone else does.

Get App

Host or Publisher MG Aussie