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Level 6 Diploma in Health and Social Care Management

Sources of Finance in the Care Sector

HSC605 · Resource Management in Health and Social Care — Week 10 of 16

CourseHSC605
Week10 of 16
SemesterII
TutorOnline in the course chat

This week’s topics

Sources of Finance in the Care Sector

  1. Commissioning contracts and statutory tariffs
  2. Commercial bank borrowing and lines of credit
  3. Social enterprise grants, donations, and philanthropic capital
  4. Private equity and joint venture investments
  5. 802 | Demystify Financing: Funding Sources for Your Social Venture - Social Entrepreneurship Course
  6. 803 | Funding Vehicles Explained: Gifts, Loans, Equity & Bonds - Social Entrepreneurship Course
  7. What is joint commissioning? (Integrated care)

What you will be able to do

  • 4.2 Explain sources of finance available to health and social care organisations.

Activity

Start with this week’s 3 videos, then: Seminar, guided reading and a short written task: explain sources of finance available to health and social care organisations.

Study materials

Videos

  • 802 | Demystify Financing: Funding Sources for Your Social Venture - Social Entrepreneurship Course · YouTube · YaleCourses · 11 min · for registered students
  • 803 | Funding Vehicles Explained: Gifts, Loans, Equity & Bonds - Social Entrepreneurship Course · YouTube · YaleCourses · 8 min · for registered students
  • What is joint commissioning? (Integrated care) · YouTube · Social Care Institute for Excellence (SCIE) · 3 min · for registered students
  • Financing Social Care | LSE Festval Online and In-Person Event · YouTube · LSE · 76 min · for registered students
  • Paul Burstow MP on Dilnot's Commission on the Funding of Care and Support - June 2011 · YouTube · The King's Fund · 15 min · for registered students

Further resources

  • The Business Finance Guide, The journey and finance options · Reading · Other, report; pp. 6–29 · for registered students
  • People at the heart of care: adult social care reform white paper (DHSC, 2021) · Reading · GOV.UK, report · for registered students
  • Principles of Finance 2e, ch. 17: How Firms Raise Capital · PDF · OpenStax, textbook chapter; pp. 509–536 · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.
Week 9Week 11
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Admitted students ask questions on this week’s page in the student portal: an AI assistant trained on the course answers first, and during the course’s timetabled classes Connect to your tutor brings your tutor into the chat, who may start a call if needed.

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Course plan
  • Week 1: Strategic Human Resource Planning
  • Week 2: Determining and Managing Skills Requirements
  • Week 3: Recruitment Planning and Regulatory Compliance
  • Week 4: Selection Methods and Decision-Making
  • Week 5: Workforce Retention and Addressing Talent Deficits
  • Week 6: Financial Information and Managerial Decision-Making
  • Week 7: Financial Ratio Analysis in Health and Social Care
  • Midterm: Midterm evaluation
  • Week 9: Short-Term and Long-Term Capital Requirements
  • Week 10: Sources of Finance in the Care Sector
  • Week 11: Strategic Evaluation of Financial Sourcing
  • Week 12: Applying Resource Management in Health and Social Care in p…
  • Week 13: Assignment workshop: research, planning and referencing
  • Week 14: Assignment workshop: drafting, feedback and improvement
  • Week 15: Review and coursework completion
  • Final: Final assessment and submission
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