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Level 5 Extended Diploma in Health and Social Care Management with Professional Certificate in Financial Analysis for Healthcare Organizations

Course title :  Level 5 Extended Diploma in Health and Social Care Management with Professional Certificate in Financial Analysis for Healthcare Organizations  |  Credits :  120  |  Course code :  L5EDIHA-IP

Elevate your career with our Level 5 Extended Diploma in Health and Social Care Management, paired with a Professional Certificate in Financial Analysis for Healthcare Organizations. Gain expertise in financial management, budgeting, and analysis specific to healthcare settings. Accredited and globally recognized, this qualification prepares individuals for diverse roles in healthcare finance, administration, and leadership. Dive into specialized training focused on financial analysis methodologies, healthcare economics, and fiscal planning. Prepare to make informed financial decisions and drive organizational success in healthcare settings.

 

 

 

 

 

Description

Gain essential skills in financial analysis tailored specifically for healthcare settings with our Level 5 Extended Diploma in Health and Social Care Management, complemented by a Professional Certificate in Financial Analysis for Healthcare Organizations. This comprehensive program equips individuals with the expertise needed to navigate the unique financial challenges within the healthcare industry. Dive into specialized training covering financial management principles, budgeting, cost analysis, and revenue optimization strategies. Accredited and globally recognized, this qualification prepares graduates for diverse roles in healthcare finance, administration, and leadership. With a focus on practical learning and real-world applications, students will develop the necessary competencies to make informed financial decisions and drive organizational success in healthcare settings. Prepare to excel in healthcare finance and contribute to the financial sustainability and efficiency of healthcare organizations.

 

 

 

 

Why Online ?

  • Cost effective - Typically UK diploma starts from GBP £3000 per annum, but with online study, you can enjoy saving more than 60% on your educational investment.
  • Practical Content - The coursework is immediately applicable to the careers, and you can earn long-term gains including increase in salary and promotions
  • Study anytime, anywhere - You don't have to attend a College campus, so you can study from anywhere in the world. The online delivery enables you to download the lecture notes, submit assignments wherever you are.
  • Assessments - Assessment is via assignment submission

Who is this course for?

Career path

Graduates of the "Level 5 Extended Diploma in Health and Social Care Management with Professional Certificate in Financial Analysis for Healthcare Organizations" course have various career opportunities in the healthcare industry. They can pursue roles such as Healthcare Financial Analyst, Healthcare Revenue Cycle Manager, Healthcare Budget Analyst, Healthcare Finance Manager, Healthcare Consultant, and Healthcare Administrator. Opportunities exist in hospitals, clinics, insurance companies, pharmaceutical firms, government agencies, and consulting firms. With their expertise in financial analysis and healthcare management, graduates play crucial roles in financial planning, budgeting, cost analysis, revenue optimization, and strategic decision-making within healthcare organizations. This qualification opens doors to rewarding career paths in healthcare finance, administration, and leadership, empowering individuals to make a positive impact on healthcare organizations' financial sustainability and efficiency.

 

 

 

 

Duration

The programme is available in 2 duration modes:

    • 6 Months
    • 9 Months
Course Delivery

Online

Entry Requirements

In order to apply you should have either:

      • A Level 4 diploma or certificate, or an equivalent or higher qualification.
      • OR Candidates with over 2 years of professional experience are encouraged to apply and enhance their career potential.
      • AND Minimum age of 18 years.
      * International applicants and qualifications are accepted. OR;
Course Content

    1. Financial Management in Healthcare:

      • Principles of financial management
      • Healthcare financial structures
      • Financial reporting and analysis

    2. Budgeting in Healthcare Organizations:

      • Budget development and planning
      • Budget monitoring and control
      • Variance analysis

    3. Cost Analysis in Healthcare:

      • Cost accounting principles
      • Cost allocation methods
      • Activity-based costing in healthcare

    4. Revenue Optimization Strategies:

      • Revenue cycle management
      • Billing and reimbursement processes
      • Revenue forecasting and analysis

    5. Healthcare Economics:

      • Overview of healthcare economics
      • Healthcare financing systems
      • Economic evaluation methods

    6. Financial Risk Management in Healthcare:

      • Risk assessment and mitigation strategies
      • Insurance and risk pooling in healthcare
      • Financial compliance and regulations

    7. Financial Decision-Making in Healthcare:

      • Capital budgeting and investment analysis
      • Financial modeling and forecasting
      • Decision support systems in healthcare finance

    8. Strategic Financial Planning:

      • Strategic planning in healthcare organizations
      • Long-term financial sustainability
      • Aligning financial goals with organizational objectives

     

     

     

     

Assessment

Assessment is via assignment submission

Fee Structure

The fee for the programme is as follows:

    • 6 Months - Accelerated mode @ GBP £1350
    • 9 Months - Standard mode @ GBP £1050
Fee payment plans

The programme offers following fee payment plans:

    6 Months programme
    ● Payment option (a): GBP £450 x 3 monthly instalments
    ● Payment option (b): GBP £1282.50 x 1 instalment (We offer 5% bursary on total fee for students opting to pay in full)

    9 Months programme
    ● Payment option (c): GBP £210 x 5 monthly instalments
    ● Payment option (d): GBP £525 x 2 quarterly instalments
    ● Payment option (e): GBP £997.50 x 1 instalment (We offer 5% bursary on total fee for students opting to pay in full)
Accreditation

The qualification is delivered by London School of International Business (LSIB) and it is awarded by an Ofqual-regulated Awarding Body. All of the qualifications are listed on the Ofqual register.

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