Average Completion Time

2 Weeks

Accreditation

3 CPD Hours

Level

Advanced

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Professional Certificate Courses

These are short online certificate courses designed to help you develop professionally and achieve your career goals, while you earn a professional certificate which qualifies you for the appropriate continuous professional development (CPD).

Professional Certificate Course in Role of Finance in Health and Social Care

The aim of the "Role of Finance in Health and Social Care" course is to provide learners with an understanding of the financial management practices and principles in the health and social care sector. The course aims to equip learners with knowledge of how to manage finances effectively within the context of a health and social care organization, and to develop an understanding of financial reporting, budgeting, and cost management.

After the successful completion of the course, you will be able to learn the following:

Essential Aspects of Accounting and Financial Management.
Concept Of Revenue Cycle Management.
Step of The Revenue Cycle Management.
Skills Needed for Accounting in Health Care.
Role of Health Care Accountant.
Concept of Healthcare Audit.
Types of Healthcare Audit.
Steps of Financial Audit in Healthcare Sectors.
Steps in Financial Analysis.
Healthcare Financial Statement.
Financial Ratios in Health Care Organisations.
Concept of Healthcare Benchmarking.
Types of Healthcare Benchmarking.

Accreditation

All MSBM courses are accredited by the relevant partners and awarding bodies. Please refer to MSBM accreditation in about us for more details.

Entry Requirements

There are no strict entry requirements for this course. Work experience will be added advantage to understanding the content of the course.

The certificate is designed to enhance the learner's knowledge in the field. This certificate is for everyone eager to know more and get updated on current ideas in their respective field. We recommend this certificate for the following audience.

Healthcare Manager
Social Care Manager
Equality, Diversity and Inclusion (EDI) Manager
HR Manager or HR Business Partner
Healthcare Professional
Social Care Professional
Nurse or Caregiver
Medical or Allied Health Professional
Diversity and Inclusion (D&I) Consultant
Employee Relations Specialist

Course Modules

The aim of the "Role of Finance in Health and Social Care" course is to provide learners with an understanding of the financial management practices and principles in the health and social care sector. The course aims to equip learners with knowledge of how to manage finances effectively within the context of a health and social care organization and to develop an understanding of financial reporting, budgeting, and cost management. Through this course, learners will also gain insight into the role of finance in decision-making and resource allocation in the health and social care sector.

VIDEO - Course Structure and Assessment Guidelines

Watch this video to gain further insight.
Navigating the MSBM Study Portal

Watch this video to gain further insight.
Interacting with Lectures/Learning Components

Watch this video to gain further insight.
Role of Finance in Health and Social Care - N

Self-paced pre-recorded learning content on this topic.
Role of Finance in Health and Social Care

Put your knowledge to the test with this quiz. Read each question carefully and choose the response that you feel is correct.

After the successful completion of the course, you will be able to learn the following:

Essential Aspects of Accounting and Financial Management.
Concept Of Revenue Cycle Management.
Step of The Revenue Cycle Management.
Skills Needed for Accounting in Health Care.
Role of Health Care Accountant.
Concept of Healthcare Audit.
Types of Healthcare Audit.
Steps of Financial Audit in Healthcare Sectors.
Steps in Financial Analysis.
Healthcare Financial Statement.
Financial Ratios in Health Care Organisations.
Concept of Healthcare Benchmarking.
Types of Healthcare Benchmarking.

"Role of Finance in Health and Social Care" is a course that explores the importance of finance in the delivery of health and social care services. The course covers topics such as budgeting, financial management, resource allocation, and financial reporting. It provides students with an understanding of how financial decisions impact the provision of quality care and the sustainability of healthcare organizations. Students also learn about the legal and regulatory frameworks that govern financial practices in health and social care settings. The course is designed to equip students with the skills and knowledge needed to make informed financial decisions and to contribute to the effective management of healthcare organizations.

The aim of the "Role of Finance in Health and Social Care" course is to provide learners with an understanding of the financial management practices and principles in the health and social care sector. The course aims to equip learners with knowledge of how to manage finances effectively within the context of a health and social care organization and to develop an understanding of financial reporting, budgeting, and cost management. Through this course, learners will also gain insight into the role of finance in decision-making and resource allocation in the health and social care sector.

VIDEO - Course Structure and Assessment Guidelines

Watch this video to gain further insight.
Navigating the MSBM Study Portal

Watch this video to gain further insight.
Interacting with Lectures/Learning Components

Watch this video to gain further insight.
Role of Finance in Health and Social Care - N

Self-paced pre-recorded learning content on this topic.
Role of Finance in Health and Social Care

Put your knowledge to the test with this quiz. Read each question carefully and choose the response that you feel is correct.

All MSBM courses are accredited by the relevant partners and awarding bodies. Please refer to MSBM accreditation in about us for more details.

There are no strict entry requirements for this course. Work experience will be added advantage to understanding the content of the course.

Healthcare Manager
Social Care Manager
Equality, Diversity and Inclusion (EDI) Manager
HR Manager or HR Business Partner
Healthcare Professional
Social Care Professional
Nurse or Caregiver
Medical or Allied Health Professional
Diversity and Inclusion (D&I) Consultant
Employee Relations Specialist

Single Course Purchase

(Buy Lifetime Access)

BGN 94 ^{BGN 169}

What you will get:

Access to this course.
Access to library.

Unlimited PCC Subscription

BGN116 /month

(Billed annually at BGN1,387)

What you will get:

Access to this course.
Access to additional courses.
Access to library.
Digital certificates.

Unlimited APCC & PCC Subscription

BGN347 /month

(Billed annually at BGN4,162)

What you will get:

Access to this course.
Access to additional courses.
Access to library.
Digital certificates.

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