This week’s topics
Foundations of Financial Management in Healthcare
- Statutory frameworks and governance
- Public vs private sector funding mechanisms
- Fiduciary duties of healthcare managers
- Financial accountability
- Introduction to Financial Management in Healthcare
- Governance made simple: Funding, roles, routines and oversight that works | Live Webinar
- Healthcare Finance | Health System Financing
What you will be able to do
- 1.1 Explain the importance of accounting and finance management in the context of a health and social care organisation.
Activity
Start with this week’s 3 videos, then: Seminar, guided reading and a short written task: explain the importance of accounting and finance management in the context of a health and social care organisation.
Study materials
Videos
- Introduction to Financial Management in Healthcare · YouTube · Dr. Khaled OUANES · 17 min · for registered students
- Governance made simple: Funding, roles, routines and oversight that works | Live Webinar · YouTube · CareTutor · 73 min · for registered students
- Healthcare Finance | Health System Financing · YouTube · KJ Lectures · 17 min · for registered students
- Martin Bardsley: Managing financial risk in health · YouTube · Nuffield Trust · 8 min · for registered students
Further resources
- Principles of Accounting, Volume 2: Managerial Accounting, ch. 1: Accounting as a Tool for Managers · PDF · OpenStax, textbook chapter; pp. 23–76 · for registered students
- Companies Act 2006, Part 10, Chapter 2: General duties of directors (ss. 170–181) · Reading · legislation.gov.uk, legislation; ss. 170–181 · for registered students
- Corporate Governance, ch. 2: Governance and Accountability · PDF · Saylor Academy, textbook chapter; pp. 27–50 · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.