Module 3 Introduction and Welcome
Module 3 Content
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Topic 3.1 Financial Management Concepts
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Topic 3.2 Internal financial and performance reporting
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3.2.1 Interpreting Financial Reports
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3.2.2 Gross profit and gross margin
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3.2.3 Statement of Financial Position (Balance Sheet)
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3.1 and 3.2 Quiz
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Topic 3.3 Budgets and Budgeting
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3.3.1 Importance of Budgeting in Healthcare
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3.3.2 Budgeting Approaches
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3.3.3 Key Concepts
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3.3.4 More Info
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3.3 Quiz
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Topic 3.4 Financial Analytics in Health
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3.4.1 Hospital Emergency Department Case Study
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3.4.2 Skill sets for business analytics
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3.4.3 Benchmarking
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3.4.4 Workforce analytics
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3.4.5 Monitoring acuity – raw and coded activity data
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3.4 Quiz
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Ramsay Healthcare Case Study
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Further Reading
Module 4 Introduction and Welcome
Module 4 Content
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Topic 4.1 Cost Accounting
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4.1.1 Managing the cost of labour
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4.1.2 Managing the cost of supplies and services (non-labour) items
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4.1 Quiz
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Topic 4.2 Finance and Decision Making
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4.2.1 Forecasting operational and financial performance
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4.2.2 Useful information for forecasting
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4.2.3 Budget deficits and implementing financial improvement plans
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4.2.4 When time is against you
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4.2.5 Effort–Reward matrix
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4.2.6 Developing financial strategy
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Topic 4.3 Project Financial Management
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4.3.1 What is a project?
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4.3.2 Project budgets
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Topic 4.4 Financial Risk
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4.4.1 Identifying and managing financial risk
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4.4.2 Strategic or operational risk
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4.4.3 Risk appetite statements
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4.4.4 Management of Risk
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4.4.5 Risk Examples
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4.4.6 Internal audits and assurance
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4.2, 4.3 and 4.4 Quiz
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Topic 4.5 Tools for financial management
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4.5 Quiz
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References
Bonus Module: Private Health
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Funding in Private Healthcare
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Spending in Healthcare- Non Government
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Medicare: Looking through a non government lens
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Private Health Insurance
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Performance Management & Accountability
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Financial Governance in the Private Health Sector
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Business Cases in Private Healthcare
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Case Study
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Financial Statements in the Private Sector
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Business Analytics
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Financial, Administrative & Clinical Indicators
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References
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Quiz
Bonus Module: Aged Care in Australia
