Financial Management Trainings

NACHC is closely monitoring the impact of the novel coronavirus (COVID-19) and is making adjustments to in-person events. Keep checking http://www.nachc.org/trainings-and-conferences/ regularly for updates!

NACHC offers a variety of support and trainings to help health centers Chief Financial Officers (CFOs) meet the challenges of financially managing a community health center. NACHC has a former health center CFO on staff as a technical resource. In additional to our knowledgeable staff, NACHC offers trainings specifically tailored to CFOs and financial managers.

Our areas of expertise include:

  • Accounting & Financial Department Management
  • Billing, Collections, and A/R Management
  • Regulatory Requirements (FSR, PMS-272, UDS, etc.)
  • Relative Value Unit Capacity Enhancement
  • Cost Report Preparation and Analysis
  • Medicare & Medicaid Programmatic Assistance
  • Budgeting and Planning Assistance
  • Prospective Payment System

Upcoming Regional Training Events

These projects are supported by the Health Resources and Services Administration (HRSA) of the U.S. Department of
Health and Human Services (HHS) as part of an award totaling $6,375,000 with individually noted percentage financed with
non-governmental sources. The contents are those of the author(s) and do not necessarily represent the official views of, nor
an endorsement, by HRSA, HHS, or the U.S. Government. For more information, please visit HRSA.gov.

Financial Operations Management II (FOM 2) - Online | April 15 – 16

In-person component canceled! Training modified to an all-virtual delivery
Financial Operations Management II (FOM 2)
April 15 – 16, 2020 | Online
Early registration deadline:  April 1

Register here online to attend.

FOM 2 provides health centers insight and understanding of the core qualities needed to approach the business aspects of financial operations, management, and service delivery. Level 1 is not required to attend this training.

Read more

FOM 2 Training Brochure and Details.

Back by Demand! 2020 Revenue Cycle 360° (RevCycle 360°) - Online | May 27–28

All-virtual delivery
Revenue Cycle 360° (RevCycle 360°)
May 27–28, 2020 | Online
Early registration deadline:  May 13
RevCycle 360° provides in-depth guidance for key health center staff on the unique and complex revenue cycle for Federally Qualified Health Centers (FQHCs), including a deeper-dive into developing effective billing departments, analyzing and maximizing patient revenue and collections, and reporting on accounts receivable. In addition, this two-day training will help you identify techniques and tools to improve coding and documentation to drive financial and operational performance and legal compliance.

Register here online to attend.

Read more

RevCycle 360° Training Brochure and Details.

2020 Financial Operations Management III (FOM 3) - Minneapolis | June 11 – 12

Available Virtually or In-person!
Financial Operations Management III (FOM 3)
June 11 – 12, 2020 | Minneapolis, MN
Early registration deadline: May 28
Register here online to attend In-person.
Register here online to attend Virtually.
FOM 3 focuses on leadership and management. Leadership and management are two distinctive and complementary systems of actions. The challenge is to combine strong leadership and management to achieve an effective balance for operational and strategic performance.

Read more.
FOM 3 Training Brochure and Details.

Upcoming Financial Management Webinars and Online Learning

This webinar is supported by the Health Resources and Services Administration (HRSA) of the U.S. Department of Health and Human Services (HHS) as part of an award totaling $6,375,000. The contents are those of the author(s) and do not necessarily represent the official views of, nor an endorsement, by HRSA, HHS, or the U.S. Government. For more information, please visit HRSA.gov.

Finance Office Hours for Health Centers: Strategies to Manage Operations
During COVID 19 | Every other Friday at 2:00 pm EDT

Financial Preparedness in the Midst of a Crisis
Finance Office Hours for Health Centers: Strategies to Manage Operations During COVID -19
Every other Friday at 2:00 pm EDT beginning April 3, 2020

These office hours are designed to provide timely information and resources to support health centers through this challenging time. Topics will change weekly to address real-time challenges based on health centers input and feedback.

Read more.

Register online here.

Top Resources

Medicare Nuts and Bolts

Medicare Cost Reporting

Dawn of a New Day


Financial Accounting Alert

The Financial Accounting Standards Board (FASB) issued  Accounting Standards Update (ASU) 2014-09 and ASU 2018-08 on new revenue recognition guidance and guidance on accounting for contributions.  Upon its effective date, it will replace most pre-existing revenue recognition guidance, including industry-specific guidance in the US and those currently accepted Generally Accepted Accounting Principles (GAAP). The effective date for public entities interim and annual reporting periods begin after December 15, 2017. Nonpublic organizations, (which most health centers are in this category) were given an additional year, but the guidance will be in full effect in December 2019. For more information, please contact Gervean Williams, Director of Financial and Business Practices, gwilliams@nachc.org.

For more information on NACHC’s Financial Management training events for health centers, contact trainings@nachc.org.

X