Finance Management
Catch-up content
2Summary
This engaging teaching session is designed for medical professionals who want to enhance their understanding of finance management. Learn practical skills such as budgeting, understanding financial statements, and making informed financial decisions in a healthcare setting. This is an exceptional opportunity to gain valuable financial insight that will help in driving the success of your medical practice. By attending this session, you can ensure your medical practice will be robust not only in health outcomes but also in financial health.
Learning objectives
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By the end of the session, learners should be able to understand the basic principles of finance management within the healthcare sector, including budgeting, expenditure tracking, and resource allocation.
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Learners should be able to differentiate between distinct types of healthcare financing models and identify key characteristics and advantages or disadvantages of each model.
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Learners should be able to apply financial decision-making strategies for resource management to hypothetical healthcare situations, demonstrating their understanding of cost-effectiveness and value for money.
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Learners should be able to apply the knowledge learned about financial legislation and compliance within the healthcare context, demonstrating understanding of financial regulations, reporting, and accountability.
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By the end of the session, learners should be able to analyze and interpret basic healthcare financial data and reports, and utilize this information in planning and decision-making processes.