Angela Christensen, MBA, BSN, RN
Christensen will review of the key aspects of financial management as they relate to perioperative services departments. In this session, participants will learn how to develop an operating budget, the business foundation of a surgical services department. Participants will also learn how to utilize productivity methods and forecasting, key drivers of efficiency. Finally, participants will learn tools for managing resources and implementing cost containment strategies, which are critical for managers to master in order to meet today’s economic challenges.
The purpose of this continuing education activity is to provide you with a review of the key aspects of financial management as they relate to perioperative services departments. This module focuses on preparing operating and capital budgets, managing budgets, and examining the factors that affect the budget process. The module also discusses processes for improving the efficiency and effectiveness of perioperative services and provides examples to assist in achieving effective resource management.
Upon completion of this module, the participant should be able to:
- Identify the basics of developing an operating budget.
- Identify methods to control costs while preserving the quality of care for surgical patients.
- Discuss methods of monitoring the productivity of perioperative services.
- Define successful practices for managing resources in the operating room.
About the speaker:
Christensen has 34 years’ experience in surgical services, with 27 of those years in a variety of leadership positions. She began her nursing career as an Associate Degree graduate and then later obtained her BSN degree. Christensen continued her education and earned her MBA degree and CPA license in 1986. In 2011, Christensen and her team at St Luke’s Health System received the prestigious national level VHA Economic Improvement Award for their work in reducing system implant costs by $6.5M in a collaborative effort with the system supply chain and surgeons. She has been published in Becker’s Business Review and OR Manager. Currently, Christensen is the Administrator of Surgical Services at St. Luke’s Regional Medical Center in Boise, Idaho.