R Venkataramanan

R Venkataramanan

R Venkat's Blog

R Venkat's Blog
"To be an Inspiring Teacher,one should be a Disciplined Student throughout Life" - Venkataramanan Ramasethu

SNK

SNK

Saturday, June 22, 2013

“Finance for Hospital Administrators”


The Sankara Nethralaya Academy conducted a training program on Sat 15-06-2013 on the topic “Finance for Hospital Administrators” for the Certificate course on Hospital Management.

Shri P.R. Ravindran, a Chartered-cum-Cost Accountant and former Chief General Manager of Sankara Nethralaya, took the session for three hours on the topic, to enable doctors, managers and executives in hospitals.

• Appreciate the role of and understand the implications of finance on corporate/institution’s activities.
• Understand financial statements and analyze them.
• Be in a better position to discuss the subject with finance managers in their organization.

The Program mainly covered, understanding financial statements like, Balance Sheet, Profit & Loss Account, Ratio Analysis for review of Performance, Working Capital Management, Cash flow Management and Basic principles of Costing. The methodology of the Programme mainly focused on real life examples, like Apollo Hospitals Financial Statements and a lively case study on Costing of a Surgery.

The session was started with Mr A Mahalingam, The Academic Officer of the Academy welcoming the Participants and later ended with a question and answer session.