Virtual Tough Training – The CFO Program – June ’21 – VIDEO

The CFO has the quantified Reality of the organization in their hands—and that means the CFO can help steer the entire ship. In this Tough Training, Andrew challenges financial Leaders to move beyond traditional accounting habits and become true professionals: question the budget process, use Net Patient Revenue percentages, understand costs at a deeper level, Benchmark against the 90th percentile, and OWN the numbers rather than simply report them.

The CFO’s work is not separated from Quality, People Development, or Mission. Strong financials create the reserves, flexibility, and strength necessary to protect patient care, while Accountability turns numbers into a Teaching tool. The goal is a high-quality, highly profitable Hospice led by financial professionals who face the facts, understand the WHY behind the numbers, and help move the organization from average to EXTRAORDINARY.

What the Training Covers

• The CFO as a Strategic Leader
  Moving beyond debits, credits, and reporting to use quantified Reality to influence direction, challenge old assumptions, and help steer the organization.
• NPR, Costs, and Moving Beyond Budgets
  Using Net Patient Revenue percentages, cost analysis, and more dynamic financial methods instead of relying on traditional operating budgets.
• Benchmarking & the 90th Percentile
  Comparing financial and operational performance against the 50th percentile, The Model, and the 90th percentile to understand what EXTRAORDINARY really looks like.
• Profitability, Reserves & Quality
  Building strong margins and six-to-nine months of cash or near-cash reserves so the Hospice can withstand change, protect patient care, and operate from strength.
• Accountability, Teaching & Owning the Numbers
  Using financial results as a Teaching tool, helping Leaders understand Cause and Effect, and creating a culture where people say: “These are my numbers. I own this result.”