Financial oversight of the hospital or health system often is viewed as the main function of the organization’s governing board. The fiduciary duty is one of the core responsibilities of trustees – and health care board members are in a unique position, as health care finances are vastly different than many industries. This webinar will offer new and continuing board members, alike, with an overview of hospital finance for the coming year. Learning objectives include:

• Know what to look for in your hospital’s financial statements, including certain revenues and expenses on the income statement and key items on your hospital’s balance sheet;
• Better understand how you get paid and reimbursed by Medicare, Medicaid, and others;
• Discuss some current key trends and update the status of certain healthcare programs.