Making Sense of Dollars and Cents: Budgeting Best Practices

About the Course
Capital budgeting can be overwhelming for healthcare leaders. Capital purchases are important to the organization's future and must be made with complete evaluation.  This course will present simple and useful techniques to organize this process and make future budgeting easier and more accurate.  

Listen, Learn, and Earn CE Hours with this podcast course. Available on AppleSpotify, and other podcast apps.

Learning Outcomes
Upon completion of the course, the learner will be able to: 
  • Adopt a method to predict capital expenses for current and future years.
  • Design a plan for capital purchase cadence after budget approval.  
  • Apply the components of a successful justification.

About the Author
Pamela Hunt BS, MSN, RN, NEA-BC, FAAN, is an experienced nurse executive with a demonstrated history of working in operations and the dissemination of information and education. Skilled in Quality, Safety, Caregiver Engagement, Healthcare Finance, especially productivity, and Patient Experience. Extensive service in community organizations to promote the health and wellbeing of all people. National and international presenter and author on topics of healthcare leadership. 

How to Receive Credit
  • Listen to the entire podcast and complete the exercise attached to the Show Notes which requires a 1.0 hour commitment of time.
  • Answer the final examination questions at the end of the course. A passing grade of 70% is required. Test questions link content to learning objectives as a method to enhance individualized learning and material retention. 
  • Provide required personal information and payment information. 
  • Complete the mandatory course evaluation. 
  • Print your Certificate of Completion. 

Resolution of Conflict of Interest 
Colibri Healthcare, LLC implemented mechanisms prior to the planning and implementation of the continuing education activity, to identify and resolve conflicts of interest for all individuals in a position to control content of the course activity. 
Sponsorship/Commercial Support and Non-Endorsement 
It is the policy of Colibri not to accept commercial support. Furthermore, commercial interests are prohibited from distributing or providing access to this activity to learners. 

The information provided in this activity is for continuing education purposes only and is not meant to substitute for the independent medical judgment of a healthcare provider relative to diagnostic and treatment options of a specific patient’s medical condition. 

©2022: All Rights Reserved. Materials may not be reproduced without the expressed written permission or consent of Colibri Healthcare, LLC. The materials presented in this course are meant to provide the consumer with general information on the topics covered. The information provided was prepared by professionals with practical knowledge of the areas covered. It is not meant to provide medical, legal, or professional advice. Colibri Healthcare, LLC recommends that you consult a medical, legal, or professional services expert licensed in your state. Colibri Healthcare, LLC has made all reasonable efforts to ensure that all content provided in this course is accurate and up to date at the time of printing but does not represent or warrant that it will apply to your situation nor circumstances and assumes no liability from reliance on these materials. Quotes are collected from customer feedback surveys. The models are intended to be representative and not actual customers. 

Accreditations and Approvals
Colibri Healthcare, LLC is accredited as a provider of nursing continuing professional development by the American Nurses Credentialing Center's Commission on Accreditation. 

Course ID: 63971