| Unit name | Accounting and Finance in Healthcare Organisations |
|---|---|
| Unit code | ACFIM0001 |
| Credit points | 20 |
| Level of study | M/7 |
| Teaching block(s) |
Teaching Block 4 (weeks 1-24) |
| Unit director | Dr. Gebreiter |
| Open unit status | Not open |
| Units you must take before you take this one (pre-requisite units) |
None |
| Units you must take alongside this one (co-requisite units) |
None |
| Units you may not take alongside this one |
None |
| School/department | School of Accounting and Finance - Business School |
| Faculty | Faculty of Social Sciences and Law |
The aim of this Unit is to enable students to:
1. Understand the economics of health care financing and be able to discuss and explain the financing of public services generally and the funding and commissioning mechanisms for the constituent parts of the health service.
2. Interpret accounting statements (Statement of Financial Position, Income Statement, Statement of Cashflows) used within the health service.
3. Analyse costs within a health service context for decision-making, contracting, investment and performance comparison.
4. Understand and discuss critically the economic and other issues surrounding NHS capital investment decisions and PFI arrangements.
5. Understand the main budgetary techniques and approaches and be able to interpret budget statements.
6. Explain models of performance measurement and apply them to particular NHS cases.
The unit will enable students to:
1. Demonstrate understanding of how healthcare organisations are financed, how financial planning and control is exercised and how financial accountability is ensured.
2. Develop capabilities required to be able to contribute to successful financial management within a healthcare context.
3. Demonstrate knowledge of financial management and reporting in the context of managerial and clinical decision making.
The unit will be taught through a mixture of self-guided study materials, real time and recorded lectures, web-based tutorials and discussions, case study work, readings, and activities. There will be some compulsory pre-course work which will include core readings and critical analysis which the students are required to carry out. The use of the Blackboard online learning environment will be actively pursued to develop students’ understanding and engagement with the unit content.
Formative Assessment (ILO 1,3) Formative assessment will be delivered according to what is appropriate to the learning outcomes. It will allow students to evaluate the progress of their learning.
Summative Assessment (ILO 1,2,3) 80% Coursework (3,000 word essay). 20% Test. The coursework will assess a health service financial management topic in detail while the class test will assess the broad understanding of health care finance, accounting issues and techniques.
If this unit has a Resource List, you will normally find a link to it in the Blackboard area for the unit. Sometimes there will be a separate link for each weekly topic.
If you are unable to access a list through Blackboard, you can also find it via the Resource Lists homepage. Search for the list by the unit name or code (e.g. ACFIM0001).
How much time the unit requires
Each credit equates to 10 hours of total student input. For example a 20 credit unit will take you 200 hours
of study to complete. Your total learning time is made up of contact time, directed learning tasks,
independent learning and assessment activity.
See the Faculty workload statement relating to this unit for more information.
Assessment
The Board of Examiners will consider all cases where students have failed or not completed the assessments required for credit.
The Board considers each student's outcomes across all the units which contribute to each year's programme of study. If you have self-certificated your absence from an
assessment, you will normally be required to complete it the next time it runs (this is usually in the next assessment period).
The Board of Examiners will take into account any extenuating circumstances and operates
within the Regulations and Code of Practice for Taught Programmes.
