Managers play a key role in the Health and Social Care (HSC) sector by managing skilled staff, controlling finances, procuring and providing the equipment, buildings and services needed to deliver effective healthcare. Understanding financial processes and accountability within your organisation is a key part of your role.
Financial managers are usually in charge of sourcing, allocating and controlling financial resources. Effective financial management is essential for a company’s survival. If you see yourself making important decisions that help businesses to run smoothly, this Level 4 distance learning course could be perfect for you.
During the course of this home learning qualification, students will work through eight engaging modules. These informative units cover everything from capital investment and capital management to dividend policy and growth. Altogether the course should take around 160 hours to complete, but we recommend you take all the time you need.
Short snippets of learning ranging from videos, podcasts, blogs, links to Ted Talks and much more…
Inspiration Library – Leadership Academy
Currently, unlike NHS services, social care is not free at the point of use. Anyone who requests public funded social care must undergo a needs assessment and a means test, and only those with highest needs and the lowest financial assets are likely to receive support. Anyone with assets of more than £23,250 must pay for all social care themselves. Below this threshold, contributions are made by the service user and the government on a sliding scale. If service users have long-term complex health needs, the NHS may also contribute to funding.