WMLM1321 - CME/CMLE - LMU 19 (Fundamentals) Financial - Preparing a Budget for Pathology and Laboratory Services

Course Description

Managing the laboratory budget requires knowledge of your capital investment, sources of revenue, return on investment, direct and indirect costs and as well as negotiating skills and an understanding of the impacts of purchases and new tests on the strategic plan as well as profit. This course is designed to help improve your skills in these areas.

Faculty/Authors
LMU Committee

CME/CMLE Credit: 1.0
Estimated Completion Time: 1 hour
Format: Online Educational Activity and Post Exam

Physician Competencies: Medical knowledge

Eligibility for CME/CMLE Credit: Max three attempts. You will have a maximum of three attempts to meet the following criteria:

Module ≥80% = CME/CMLE credit
Module <80% = No CME/CMLE credit, after a maximum of three attempts

Accreditation Statement: The American Society for Clinical Pathology (ASCP) is accredited by the Accreditation Council for Continuing Medical Education to provide continuing medical education (CME) for physicians. This activity has been planned and implemented in accordance with the Essential Areas and Policies of the Accreditation Council for Continuing Medical Education (ACCME).

Credit Designation Statement: The American Society for Clinical Pathology (ASCP) designates this journal-based CME activity for a maximum of 1 AMA PRA Category 1 Credit(s)™. Physicians should claim only the credit commensurate with the extent of their participation in the activity.

Instructions

To claim CME/CMLE credit for the exercise, do the following:

Review the Technical Considerations.
Click Go to Course to view an overview of the modules in this course.
Click Access to begin the course.
Review the Pre-Reading Assignment.
Review the Educational Activity.
Complete and submit the Post Exam. You will have a maximum of three attempts to obtain the required score. You will be notified if you have met the credit requirements after each attempt.
Submit the course Evaluation.
Enter the maximum number of credits offered and click Claim CME to register credit.

Faculty Disclosure

The faculty have no relevant financial relationships with commercial interests to disclose

Technical Considerations

Release Date: 1/1/2013
Review Date:
Expiration Date: 9/19/2026

Course Objectives

Following completion of this activity, you will be able to:

Prepare and justify a budget for a hospital or clinical laboratory.

Calculate a fee schedule to meet the Budget.

Determine the cost of a new test.

Summary


Availability:	On-Demand


Credit Offered:	1 CME/CMLE Credit