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43 - HCM - Healthcare Management & Administration

HCM 109 - Financial Management for Health Institutions

Code Start Date Duration Venue
HCM 109 16 October 2023 5 Days Istanbul Registration Form Link
HCM 109 11 December 2023 5 Days Istanbul Registration Form Link
Please contact us for fees


Course Description

This course teaches critical skills in analyzing and working within the health care industry. The course focuses on the economic and financial drivers of the domestic health care system including private and public financing and delivery models.  Taking a practical approach this course will enable participants to understand financial performance and provide them with the skills and knowledge needed for the financial management of health services and programmes.

Course Objectives

  • Explaining the basic concepts of financial management
  • Identifying strategies that can improve the financial management of health programmes and services
  • Demonstrating the ability to use different tools in the cost monitoring of health services
  • Demonstrating the ability to use cost data in planning and service development
  • Analyzing, interpreting and producing financial statements

Who Should Attend?

  • Middle to senior level health managers who are responsible for programme administration in health organisations
  • Administrators and consultants who manage project budgets or finance
  • Doctors
  • Those who intend to enhance build their understanding of financial management of health institutions

Course Details/Schedule

Day 1

  • Introduction to Financial management
  • Budgeting & costing of health care services
  • Global patterns of health care expenditure
  • National Health Accounts
  • Economics of health systems and health financing
  • Market failure

Day 2

  • Direct costs and Indirect costs
  • Incorporating budget justifications
  • Direct payment and user fees (elasticity, empirical, implementation and exemption mechanisms)
  • Developing cash-flow budgets
  • Public-private mix

Day 3

  • Introduction to insurance
  • Comparative analysis of different insurance models
  • Health care system (including programmes)
  • Hospitals

Day 4

  • National health accounts
  • Costing
  • Financial Functions, processes and procedures
  • Financial Planning and budget calculation
  • Management Accounting and Controlling

Day 5

  • Cash flow management
  • Tools for Financial Analysis and Decision making
  • Introduction to the economic evaluation of health programmes
  • Producing financial reports
  • Laws and regulations