Financial Reporting and Budgeting Certificate
Online Course
Non-Member Price$120.00
Member Price$80.00
Available Credits
- ACMPE: 2.00
- CEU: 2.00
Description
Sound financial management plays a critical role in the long-term success of medical practices. But for many leaders, budgeting and reporting can be complex and difficult to navigate without a finance background.
This online program provides healthcare administrators with practical skills to produce budgets and forecasts, interpret and manage financial reports, and apply strategies that keep practices audit-ready. You’ll also explore how to leverage financial systems and technology to make reporting more accessible and accurate, while gaining insight into the impact of corporate taxes on overall performance.
By participating, you’ll gain industry-recognized skills through a certificate approved by the American College of Medical Practice Executives (ACMPE), boosting your credibility and marketability in the healthcare field.
While this 3.5-hour online program is a standalone certificate, it’s also part of ACMPE’s domain-based Financial Management Certificate (FMC), providing added value in your pursuit of mastering financial management in healthcare.
What can you expect from this certificate?
- Comprehensive curriculum:
- Prepare budgets and forecasts that align with practice priorities and financial goals
- Analyze financial reports to track performance trends and monitor budget goals
- Implement strategies that support audit readiness and compliance with reporting standards
- Flexible learning: Enjoy the convenience of self-paced study that fits your schedule. Course access is active for one year from purchase.
- Expert instruction: Gain insights from industry leaders who will guide you through the nuances of financial reporting and budgeting for medical practices.
- Continuing education credits: Successfully complete the program and pass the required exam to earn 2 ACMPE and CEU credits, enhancing your professional qualifications.
- Digital credential: Completing the course and assessment will earn a digital badge of your achievement to add to all digital resumes and social networking platforms.
Looking for further learning?
Check out MGMA's other ACMPE Certificates
Program Overview
Session 1 – Budget Creation and Management
This session will cover the importance of budget creation and budget management as it pertains to medical practices and leaders. The speaker will also discuss the basic tools and processes healthcare leaders use in developing and managing budgets.
Session 2 – Financial Reporting
Reporting and managing financials can be daunting, especially for those who don’t have a background in accounting or finance. This session will teach you basic financial management principles and equip you with processes and best practices to report, analyze and forecast financial performance. It will also cover the foundations of audit management and corporate tax reporting.
Speakers
Session 1 – Budget Creation and Management
Brett McCallon
Director of Finance, MGMA
Brett McCallon is Director of Finance for MGMA and specializes in financial planning & analysis (FP&A) and general analytics. Brett’s passion is providing data-driven insights to business leaders and operators that allow them to make more-informed strategic decisions. Brett believes that a robust finance and accounting function can add value far beyond just financial reporting and compliance. Prior to joining MGMA, Brett spent seven years in a Fortune 500 healthcare setting, performing a variety of roles, including FP&A, analytics and internal consulting, where his contributions helped generate tens of millions of dollars in value through cost management and efficiency initiatives.
Session 2 – Financial Reporting
Steven K. Sinclair, CPA, CMPE
Chief Financial Officer, Graves-Gilbert Clinic
Steven holds a degree in accounting from Western Kentucky University and is a CPA with five years of experience in public accounting. However, the past 34 years of his career have been spent in healthcare. His extensive experience includes responsibility for all financial aspects of a large multispecialty clinic, as well as capital improvement projects, information technology services, purchasing and physician recruitment.
A special interest in revenue cycle management has helped his group achieve outstanding results in this area, including MGMA Better Performer recognition. He continues to be driven to seek new and better ways to improve financial performance.
Continuing Education
Delivery method: Self-Paced Study
Learning level: Intermediate - Education that builds on a basic curriculum, designed to improve your ability to analyze and apply skills learned to a topic or knowledge area.
Prerequisites: A basic understanding of the topic or knowledge area.
Advance preparation: None
Duration: 2 hours
Claiming Credit: If you wish to claim continuing education credit and the certificate of completion, you must pass the associated exam required by the accrediting organizations. Registration for the exam is included in the certificate program.
- ACMPE, medical practice administrators in certification and Fellowship through ACMPE
- CEU, generic continuing education unit
For continuing education credit details, click here.
Refund Policy
Certificate courses are available for one full year from the purchase date, unless otherwise specified. Certificates purchased but not yet started will be eligible for a refund within 90 days from the date of purchase. Fees cannot be refunded once the program has been started or completed.
Contact the MGMA Service Center for cancellations or refunds:
Toll-free: 877.275.6462, ext. 1888
Email: service@mgma.com
Complaint resolution policy
Please contact the MGMA Service Center toll-free at 877.ASK.MGMA (275.6462) for issues or concerns with this program.