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Dollars and sense: leadership in the delivery of cost-effective health care

Oct. 20–22, 2014 • Toronto SOLD OUT
2.5 days — 25 participants max.
2014 PMI Course Registration

Nov. 24-25, 2015 • Vancouver
2.5 days — 25 participants max.
2015 PMI Course Registration

*This course is available to CMA members only.

Course registration

How much is enough health care? Just how many tests should be ordered? Is the care cost-effective? In this course, you will learn how to resolve these and other fundamental economic dilemmas in health care. Participants discover how to interpret financial statements, identify high-performing hospitals and determine the real costs of choosing among alternatives, such as “fix versus replace.” Looking at how costs behave (or don’t behave), you’ll be able to calculate a contribution margin, understand the concept of break even and determine the optimal action when resource demand exceeds availability — a reality in today’s environment. Real-life examples in health care will challenge you to make appropriate decisions based on sound economic and accounting principles.

Return on investment:

  • Explain how the fundamental principles of economics shape the health care system
  • Analyze and interpret financial statements for a health care organization
  • Apply economic evaluation and accounting principles when making decisions
  • Discuss the interaction of ethics, autonomy and allocation in health care
  • Practise financial decision-making that maximizes quality of care in times of scarcity and competing alternatives

The course involves hands-on work with financial spreadsheets: participants should bring a laptop with Excel installed.

Faculty team

Jeffrey Hoch, PhD

Ian McKillop, PhD, FRSPH

Program Investment

Toronto, ON

CMA member
$2,168.00 + tax

Non CMA member
$2,890.67 + tax

Vancouver, BC

CMA member
$2,029.00 + tax

Non CMA member
$2,705.33 + tax


For open-enrolment PMI physician leadership course information please call 800 663-7336 x2178 or e-mail

To see how your organization can benefit from the in-house PMI physician leadership program, call 800-663-7336 x2932 or email

Course registration

*This course is available to CMA members only.