Education & Certification
Making the Business Case: Financial Acumen for the Infection Preventionist
Like it or not, healthcare has become a business. Resources are scarce and stretched to the breaking point. Doing more with less is routine. Infection control practitioners need to understand how to navigate their way through a variety of challenges in order to make the case for investments in reducing infections.
Learning Objectives: At the conclusion of the program, participants will be able to
- Explain the hospital business model from volume to revenue
- Explain the implications of population health initiatives
- Describe revenue and cost behavior
- Prepare financial analyses supportive of making the business case
- Evaluate competing alternatives
- Develop a compelling business proposal
- Make an effective presentation to hospital decision makers
Note: This is a video-based course, so it will require a minimum internet bandwidth to properly load and run the content. Please review the Technical Requirements tab before purchasing.
APIC is accredited as a provider of continuing nursing education by the American Nurses Credentialing Center's Commission on Accreditation.
CEs: Attendees will be able to earn 3.75 CNEs for this activity
REGISTRATION: Members: $100 / Non-Members: $175
Your Module Schedule
Module 1: The Hospital Business Model
Module 2: Financial Analysis Tools
Module 3: Evaluating Options
Module 4: Describing and Presenting Your Idea
William J. Ward, Jr., MBA is an Associate Professor of Health Finance and Management Associate Professor of Nursing Johns Hopkins University Bloomberg School of Public Health
William J. (Bill) Ward, Jr., MBA is an associate professor of health finance and management at the Johns Hopkins Bloomberg School of Public Health, an associate professor of nursing at the Johns Hopkins School of Nursing and the former Director of the Master of Health Administration Degree Program and the Sommer Scholars Public Health Leadership Program. He is a guest lecturer at Singapore Management University where he teaches in their week-long J&J-sponsored hospital management program. For over 20 years, he taught financial management at the University of Maryland’s School of Nursing and continues to guest lecture there.
Prior to his 20-year-long academic career, Ward held operational and financial executive positions in healthcare, most recently as chief operating officer of what is now the Johns Hopkins Bayview Medical Center. Since leaving Bayview, he has provided a variety of consultative services throughout the United States and has worked on projects overseas in the Caribbean, Latin America, Asia and the Middle East. He serves on the Boards of several health systems in the US and the UAE. Professional affiliations include the Healthcare Financial Management Association and the American College of Healthcare Executives, Ward has authored numerous articles on a variety of healthcare operational, financial and quality topics and is a frequent speaker on these same topics. He co-authored the Research Series monograph “Building a Financial Case for Clinical Improvement” for the Voluntary Hospitals of America. His article, “Building the Business Case for Clinical Quality,” was featured in HFM, the journal of the Healthcare Financial Management Association and “The Role of Hospital Boards in Improving Quality,” was published in Garden State Focus, the journal of the New Jersey Chapter of the Healthcare Financial Management Association. Most recently, he co-authored “Cost-Effectiveness of a Quality Improvement Programme to Reduce Central Line-Associated Bloodstream Infections in Intensive Care Units in the USA,” which was published in BMJ Open, in September, 2014. His third textbook, Healthcare Budgeting and Financial Management, will be published later this year.
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APIC must receive all cancellations in writing within 30 days of purchase if you have not yet started the course. If you have started the course, you must submit your cancellation within 7 days of the start day to be eligible for a refund.
Please submit cancellation requests to firstname.lastname@example.org or via fax to (202) 789-1899. Courses are non-transferrable and remain with the original registered individual regardless of position changes or employee departures.
The Association for Professionals in Infection Control and Epidemiology, Inc. (APIC) is accredited as a provider of continuing nursing education by the American Nurses Credentialing Center’s Commission on Accreditation (ANCC).
Course evaluations will be available in your online training menu at the end of the course. All course-related evaluations must be completed within 30 days of course completion. After satisfying all evaluation requirements, a certificate of completion will be available to print and/or download under My Transcripts for your records indicating CEUs.
Accredited status does not imply endorsement by APIC or the American Nurses Credentialing Center of any commercial products displayed or discussed in conjunction with an educational activity.
Minimum Internet Bandwidth
- Standard Definition (SD) videos: 5 Mbps
- High Definition (HD) videos: 8 Mbps
- PC: Windows XP or newer
- Mac: OS X 10.5 (Leopard) or newer
- Internet Explorer 8.0 or above
- Firefox support for most recent 2 public versions
- Safari support for most recent 2 public versions
- Google Chrome support for most recent 2 public versions
Flash Player version 10.2.159.1 or higher. Go to Adobe Flash Player to install the latest version.