Session Description: The financial landscape of our Community Health Centers is dynamic and continuing to change at a fast pace. Our budgets are facing less revenue and higher costs. The average Health Center bottom line is down over 4% from the previous year per the Forvis Mazars National Database. Change management is a necessary skill to help navigate the financial and compliance pressures on our Health Centers. Our Board members need Key Performance Data points to help them make sound financial decisions to help the Health Ceter maintain financial health. In this session we will highlight the Key Data Points for Health Center Board Members to maintain the pulse of their Organization’s Financial Sustainability.
Learning Objectives:
Learn and Understand a board members Financial Score Card that is needed to assist in making sound financial decisions.
Review key financial revenue and expense streams that drive the bottom line
Understand Cash is king and prediction of cash flow