After this session, you will be able to:

Understand how to develop a methodology, use relevant financial metrics and incorporate comparative benchmarking data to answer the 10 financial questions most often raised by healthcare boards:

What is our overall financial position?
How much profit should we target as a goal?
What level of cash reserves are needed?
Do we have too much investment in physical assets?
What should our targeted capital structure be?
Are our prices defensible?
Do we have managed care contracting opportunities?
What is our overall cost position?
In what specific areas are our costs out of line?
Do we have opportunities for immediate cash flow improvement from revenue management?