Financial Management in Healthcare
Course Overview
Course Introduction
This course provides healthcare administrators and managers with financial management skills essential for effective decision-making. Participants will learn how to navigate budgeting, financial analysis, and resource allocation.
Duration: 5 days
Course Outline
Course Objectives:
- Understand the financial principles in healthcare management.
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Develop skills in budgeting and financial planning.
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Analyse financial statements and key performance indicators.
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Make informed financial decisions for healthcare organizations.
Course Modules
Course Modules:
Module 1: Financial Principles in Healthcare Management
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Overview of financial management in healthcare.
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Legal and ethical considerations in healthcare finance.
Module 2: Budgeting and Financial Planning
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Steps in budget development for healthcare organizations.
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Resource allocation and financial forecasting.
Module 3: Financial Statements and Analysis
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Interpreting financial statements (balance sheets, income statements).
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Ratio analysis and financial performance indicators.
Module 4: Resource Allocation and Cost Management
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Strategies for efficient resource allocation.
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Cost management in healthcare operations.
Module 5: Financial Decision-Making in Healthcare
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Making informed financial decisions.
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Financial planning for long-term sustainability.
Course Administration Details
Methodology
Instructor-led sessions use a blended learning approach combining presentations, guided practical exercises, web-based tutorials, and group work, delivered by seasoned industry experts. All facilitation and course materials are in English, so participants should be reasonably proficient in the language.
Accreditation
Upon successful completion of this training, participants will be issued an Apollina Healthcare certificate certified by the National Industrial Training Authority (NITA).
Training Venue
The training will be held at Apollina Healthcare Training Centre. The course fee covers the course tuition, training materials, two break refreshments, and lunch. All participants will additionally cater to their travel expenses, visa application, insurance, and other personal expenses.
Accommodation & Transfer
Accommodation and Airport Transfer are arranged upon request. For reservations contact the Training Officer.
Email: connect@apollinahealthcare.com
Phone: (+254) 710 661 274
Tailor-Made
This training can also be customized to suit the needs of your institution upon request. You can have it delivered in our Apollina Healthcare Training Centre or at a convenient location.
Payment
Payment should be transferred to the Apollina Healthcare account through a bank on or before the start of the course. Send proof of payment to: connect@apollinahealthcare.com.
