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Why Business Acumen is Critical for the Healthcare Industry

WEBBusiness Acumen: Healthcare is different than the other industries out there. When dealing with a product that people don’t necessarily want to buy, everything …

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URL: https://www.acumenlearning.com/post/why-business-acumen-is-critical-for-the-healthcare-industry

Defining and Explaining Medical Benefits Ratio (MBR)

WEBThe two-line items we’re looking for are the “Premiums” and “Benefit Costs”. You can see premiums listed here at $69,364 and benefit costs at $55,679 for 2020. …

Category: Health Go Health

How Does Business Acumen Apply to Healthcare

WEBBusiness Acumen. •. Healthcare. While patient safety and clinical quality are necessary skills for powerful leadership in healthcare, the future leader will need to …

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Using Business Acumen to See the Big Picture of your Organization

WEBTo do that, you need the ability to. 1. See the "big picture" of your organization-—how the key drivers of your business relate to each other, work together …

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A Guide to Grow Your Business with Business Acumen

WEB3. Develop Financial Literacy: Financial acumen is a crucial component of business acumen. Familiarize yourself with financial statements, cash flow …

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Healthcare Acumen Learning Business Acumen Training

WEBThe insurance portion of the industry focuses on member advocacy, operational efficiency, and risk management. Regardless of where you are at in the healthcare industry, there …

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Richard Branson the Difference Between Gross Profit and Net Profit

WEBRichard Branson is not your average entrepreneur. At the age of 15 he dropped out of school and, despite suffering from dyslexia, went on to found Virgin …

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Seeing the Big Picture

WEBThe big picture, on the other hand, seems so complex. . Complexity is an underlying challenge in any business, regardless of size, industry, or stage of …

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The Return You See When Your Employees Have Business Acumen …

WEBEmploying people with strong business acumen can greatly benefit a company. In an overall sense, they are more likely to be effective leaders, be more …

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The Importance of Financial Literacy in the Workplace: A Q&A with …

WEBExplore the significance of financial literacy in the workplace with this Q&A with our Senior Financial Consultant. Discover how it empowers employees, benefits …

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A Quick Glance at the Financials through the Lens of Business …

WEBEssentially, the basis of each company lies within the financial statements. You are able to see exactly where the money is coming in and going out. Viewing it …

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Acumen Learning Signs Training Contract with Leading Health …

WEBFounded in 2002, Acumen Learning's highly customized business acumen and sales training programs have helped organizations develop employees who are …

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How to Improve Business Acumen in Healthcare

WEBPay attention to business and industry news. To have good business acumen it’s essential that you’re in tune with what is going on around the world, country, …

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UnitedHealth Group Strong Growth in First Half of 2021, What's …

WEBSince 1974, UnitedHealth Group has been providing quality health management services to its customers. Over its 47 years in business, the company has grown into the world's …

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How to Balance Revenue Growth and Cost Reduction: A Q&A with …

WEBEnhance your profitability with insights on sales growth and cost reduction strategies. Explore the benefits of both sales up or costs down methods in driving …

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Business Acumen Case Studies

WEBWhat is a Train the Trainer Program: FAQ About Building Business Acumen Essentials®. Our Building Business Acumen Essentials® program is ready to transform your …

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How COVID-19 has changed the Food and Beverage Industry.

WEBThe COVID-19 pandemic has fundamentally changed how we look at and interact with companies and industries around the world. While these trends range from …

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Use Working Capital to Optimize your Business Acumen Skills

WEBWorking Capital is the difference between a company’s current assets and current liabilities. Essentially, it’s the cash a company can safely spend. When you …

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Acumen in Action #12 People

WEBDespite their fundamental focus on thrift, this company pays their hourly workers an average of $20.89 an hour and eighty-eight percent of their employees have …

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