Advanced Professional Certificate in Managing Finance in Health and Social Care in London 2024

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Average Completion Time

1 Month

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Accreditation

5 CPD Hours

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Level

Advanced

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Start Time

Anytime

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Advanced Professional Certificate Courses

These are short online certificate courses of a more advanced nature 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).

Advanced Professional Certificate in Managing Finance in Health and Social Care in London 2024
Discount Icon £ 216 £ 120
Limited time offer.

The Managing Finance in Health and Social Care course is designed to provide students with a comprehensive understanding of financial management principles and practices in the healthcare industry. The course covers key financial management concepts such as budgeting, financial analysis, and forecasting. It also explores the specific challenges and opportunities involved in managing finance in the context of health and social care. The course aims to equip students with the skills and knowledge needed to effectively manage financial resources in a variety of healthcare settings. By the end of the course, students should be able to apply financial management principles to healthcare and maximize value while maintaining high levels of quality care.

After the successful completion of this course, you will be able to lear about the following:

Role of Finance in Health and Social Care

  • 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.

Documenting and Analyzing Financial Information

  • The Concept, Characteristics, and Principles of Double-Entry Book-keeping.
  • The Double-entry Bookkeeping Process.
  • The Concepts of Investment Appraisal and its Techniques.
  • The Investment Analysis Techniques.
  • The Concept and Types of Cash Flow Forecasting.

Sources of Finance in Health and Social Care

  • The concept and various objectives of Health Financing.
  • Various Sources of Finance.
  • Importance of Working Capital in Healthcare.
  • Principles and Steps in Budgeting.

Managing Finance in Health and Social Care is a course designed to provide an in-depth understanding of financial management and its application within the healthcare industry. The course covers key financial management principles and concepts, including budgeting, financial analysis, and forecasting. The course also explores the specific challenges and opportunities involved in managing finance in the context of health and social care, such as the impact of government policies, changing demographics, and advances in medical technology. Throughout the course, students will learn how to effectively manage financial resources in a health and social care setting, with a focus on maximizing value and efficiency while maintaining high levels of quality care.

  • VIDEO - Course Structure and Assessment Guidelines

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  • Navigating the MSBM Study Portal

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  • Interacting with Lectures/Learning Components

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  • Role of Finance in Health and Social Care - N

     

  • Sources of Finance in Health and Social Care - N

     

  • Documenting and Analysing Financial Information - N

     

  • Managing 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.

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 Finance Manager
  • Financial Analyst in Health and Social Care
  • Director of Finance and Operations in Healthcare
  • Health System Accountant
  • Budget Coordinator in Health and Social Care
  • Revenue Cycle Manager in Healthcare
  • Chief Financial Officer (CFO) in Healthcare
  • Health Economist
  • Financial Planner in Health and Social Care

£ 120 £ 216

  • Access to this course.
  • Access to learning community.
  • Access to library.
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  • Tests to boost your learning.
  • Digital certificate when eligible.

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Unlimited Tutor Support

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Why MSBM?


Learn at your pace

Self-study online courses are available 24/7 so you can learn at your pace. This approach offers students who choose distance learning the flexibility to combine studies with work or other commitments.

Exclusive study groups

Our learners may be paired into study groups to help them keep tabs on group assignments and projects.

Identity verification

Our certificates and ID cards are verifiable and are strong proof of learnership.

Accredited Courses

Our programmes are fully accredited by relevant awarding bodies all over the world.

A community of true professionals

You’ll be able to connect with other learners throughout your learning journey.

Unlimited Tutor Support

Our learners get unlimited support from our academic team.

Earn certificates to add to your LinkedIn profile.

Upskill, reskill or pursue a passion with short courses across every subject, whether you’re a beginner or already an expert.

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