Hospitals across the United States are facing growing financial pressures, from rising operating costs and reimbursement challenges to mounting debt and cash flow problems. This episode examines the Steward Health Care bankruptcy and explores what CPAs can learn about hospital profitability, financial risk management, and the decisions that can threaten the financial stability of healthcare organizations.
What you'll learn
Upon completion of this course, you will be able to:
Explain the financial pressures contributing to declining profitability across many healthcare organizations despite increasing demand for services.
Analyze the business and operational factors that contributed to Steward Health Care’s financial distress.
Identify how labor costs, reimbursement challenges, revenue cycle performance, and capital investments affect hospital financial performance.
Evaluate strategy initiatives hospitals are using to improve financial sustainability.
Apply key financial and operational lessons to better understand healthcare organizations and evaluate business performance.
Quizzes and assessment
Complete all quizzes and the final assessment to earn CPE.
Locked
Final assessment
Enroll and complete the required learning to unlock your final assessment.
5 questions70% to passUnlimited attempts
On passing: 1.0 CPE and a certificate
Quizzes open automatically at the markers in your audio.
Course details
CPE
1.0
Field of study
Finance
Delivery method
Interactive Audio
Prerequisites
None
Advance preparation
None
Course level
Overview
Course content
46 min of audio · 2 quizzes · final assessment
Assessment
5 questions · 70% to pass · unlimited attempts
Completion deadline
365 days from enrollment
Registration
A Wisdify account, eligible subscription, and course enrollment are required.