Managing Finance and Resources in Health and Social Care Settings

Module deilvery dates

Lancaster - 17 January, 14 February, 07 March 2014; 10:00 - 16:00 hours

You will need to attend one of the induction days prior to commencing your first module; these are running in Lancaster on 18 or 19 September 2013 (you only need to attend one date), 08 January 2014 and 26 March 2014 and in Carlisle on 20 September 2013, 07 January 2014 and 25 March 2014. If you have studied at the University of Cumbria in the past two years the requirement to attend the induction day may be waived.

Closing date for applications

The closing date for applications is 5 working days prior to the module start date or, if this is your first module, 5 working days prior to the induction date.

Why study with us? The aim of this module is to provide you with the opportunity to enhance your knowledge of finance and resource management in relation to your role and the improvement of services. What can this course lead to?

This module can be taken on a stand-alone basis or as part of the UAD and BSc (Hons) Management and Leadership in Health and Social Care award. It can also be incorporated into an appropriate Practice Development programme.

Finance

If you are employed within NHS North West and this module is to be funded by your employing Trust, please contact your Line Manager and CPD Lead for advice relating to funding and the funding application process.

Resources and facilities We are amongst the UK’s leading health and wellbeing faculties and are proud of the high level of support we are able to offer to our students. We provide a wide range of high-quality courses supported by expert academic and clinical practice staff. If you join us you will enjoy great facilities and learn alongside caring, committed and experienced professionals. Our employment record is excellent. Student work

Summative assessment - 3,500 word written assignment

Formative assessment - 1,000 word equivalent online threads with group discussion

Entry requirements

Prior successful study at underpinning level

More about levels and credits

Credit and UCAS requirements Credit: 20 credits Selection criteria

To be eligible to study this module you should be able to apply it to your practice.

Modules

HLLG6051 - Managing Finance and Resources in Health and Social Care Settings (20 credits at level 6)

Intended Learning Outcomes

On successful completion you will be able to:

1. Demonstrate a critical understanding of the principles and practices of budgeting and resource management and how this impacts upon and links to service user activity
2. Critically reflect upon your role in relation to finance and resources
3. Critically reflect upon how 'payments by results/tariffs' impacts on your organisation/department and demonstrate a critical understanding of the service user information requirements linked to this
4. Demonstrate a critical understanding of business planning for quality improvement in relation to your role and service
5. Demonstrate an understanding of costings and critically apply this to the cost benefits analysis process.

Indicative Core Bibliography

Chartered Institute of Public Finance & Accounting (2011) A brief guide to local Government finance for Councillors CIFPA, London

Drury C (2004) Management and Cost Accounting 6th Ed., Thompson, London

Dwyer J, Stanton P & Thiessen V (2004) Project Management in Health & Community Services: getting good ideas to work. Sage, London

Healthcare Financial Management Association (2011) Introductory Guide to NHS Finance in the UK 10th Ed., HFMA, London

NHS Institute for Innovation & Improvement (2005) Improvement Learners’ Guides – available at:

http://www.institute.nhs.uk/building_capability/building_improvement_
capability/improvement_leaders%27_guides%3a_introduction.html

Course summary

The indicative module content includes links between financial resources and service users; importance of accurate record keeping in relation to finance/resource management; interpreting costings - fixed, variable, direct, indirect and marginal; budgeting and managing a budget; payment by results/tariffs and links to service user information requirement; cost benefit analysis.