PT’s in administrative, ownership, and program development roles are often required to decipher information found within the balance sheet and income statement (P&L) of a private practice or rehabilitation department. The PT’s ability to understand these common statements is critical to making important business decisions as well as to comprehending the true financial status of a business or organizational unit.
In the upcoming seminar, “Finance 101 for PT’s: Understanding and Using Basic Financial Statements in Physical Therapy“, Tannus Quatre PT, MBA, principal and consultant for Vantage Clinical Solutions, will discuss two important financial statements: the balance sheet and income statement, including the anatomy of these statements as well as how they are used to understand and guide the business operations of a practice or department. At the end of the session, participants will be able to:
- Understand why financial analysis is relevant to PT’s.
- Understand key concepts which lay the foundation for accounting.
- Read and understand a basic balance sheet.
- Read and understand an income (profit & loss) statement.
Tannus Quatre PT, MBA, principal and consultant for Vantage Clinical Solutions, is scheduled to present “Finance 101 for PT’s: Understanding and Using Basic Financial Statements in Physical Therapy” at the American Physical Therapy Association’s Combined Sections Meeting. Tannus’ presentation is scheduled for Thursday, February 10th, 10:30AM – 12:15PM CST, at the Ernest N. Morial Convention Center in New Orleans, Louisiana.
To register online, visit the APTA 2011 CSM conference website or call (800) 999-2782.
If you are unable to attend the seminar but would like to learn more about understanding and using basic financial statements, please visit Vantage Clinical Solutions online or call us at 888-827-5613.