Course Code: REL-ACU-0-FSCC
Hours: 1
Type: Online Course
Content Expiration Date: 12/31/2025
Learning Objectives:
Identify the types of capital resources covered by the capital allocation and management process.
Recognize the sources of capital funds.
Recall the capital cycle management process.
Outline:
Section 1: Introduction
About This Course
Learning Objectives
Section 2: Capital Resources
Capital Resources: An Evolving Definition
Summary
Section 3: Capital Funds
Sources of Capital Funds
The Concepts of Debt Capacity and Capital Capacity
Debt Capacity and Credit Ratings
Summary
Section 4: Capital Budgeting vs. Capital Allocation and Management
Capital Budgeting
Capital Allocation and Management
Significance of Capital Allocation and Management
Summary
Section 5: Impacting and Supporting Organizational Goals
Capital Management Cycle
Organizational Goals and Strategic Initiatives
Growth Is a Strategic Initiative in Healthcare
Growth Redefined
Summary
Section 6: Clinical Vignette
Analysis of a Hospital System’s Credit Rating Reports
2018 Rating Agency Report (Paavola, 2018)
2020 Rating Agency Report (Moody’s, 2020)
2021 Rating Agency Report (Moody’s, 2021)
Review
Section 7: Conclusion
Course Summary
Course Contributors
Resources
References
Subject Matter Expert: Jan Wooles, CPA, MBA, FHFMA
Ms. Wooles is an independent consultant with JD Wooles Consulting. She is a Certified Public Accountant with a Master’s degree in Business Administration, as well as a Fellowship certification in the Healthcare Financial Management Association (HFMA). Ms. Wooles has a background in healthcare financial management in multi-site hospital systems, long term care retirement communities, and regional clinical laboratories. She has expertise in a broad spectrum of financial processes, including accounting, payroll, financial forecasting, budget administration, audit and financial reporting.
Writer: Kimberly Workman, MA
Ms. Workman is an Instructional Designer at Relias. She has a Master of Arts in Technology and Communication, as well as graduate certificates in Public Health, Epidemiology, and Digital Communications. Ms. Workman has a background in writing and designing online continuing medical education for physicians and other health professionals on multiple educational platforms, including web-based, game-based, and immersive learning environments. She has also used simulation training extensively to connect learning to real-world environments.
Target Audience:
The target audience for this course is: Nursing Personnel; in the following settings: Hospitals: Acute.
Relias Learning will be transparent in disclosing if any commercial support, sponsorship or co-providership is present prior to the learner completing the course.
Relias Learning has a grievance policy in place to facilitate reports of dissatisfaction. Relias Learning will make every effort to resolve each grievance in a mutually satisfactory manner. In order to report a complaint or grievance please contact Relias Learning at support@reliaslearning.com.
All courses offered by Relias Learning, LLC are developed from a foundation of diversity, inclusiveness, and a multicultural perspective. Knowledge, values and awareness related to cultural competency are infused throughout the course content.
To earn continuing education credit for this course you must achieve a passing score of 80% on the post-test and complete the course evaluation.
Course Delivery Method and Format
Asynchronous Distance Learning with interactivity which includes quizzes with questions/answers, and posttests.