Financial management | Australian College of Nursing

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Financial management

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This unit of study is designed to form the basis for a sound understanding of financial management in health care. Funding arrangements in the Australian health care system, including economic principles and decision-making, and the implications of scarce resources, are outlined. Financial reports and cost centre management are explored. The course also provides comprehensive coverage of the impact and place of casemix in contemporary financial management and the principles and practice of budgeting, incorporating casemix-based data and information. The aged care sector is also discussed, providing a sound overview of financial management in health care generally.

Financial management

Unit of study code

303

Availability

Graduate Certificate in Leadership and Management

Graduate Certificate in Community and Primary Health Care Nursing

PG Single Unit of Study

Term

JANUARY, JULY

Pre-requisite

N/A

Fee*

Tier 1

Prescribed texts: Nil

Co-ordinated by: Ashley Page MACN

Content

 

Intended learning outcomes for this subject/program

After completing this subject, the learner will be able to:-

Assessment Tasks

Type of assessment

Not the completed assessment item. E.g. Assessment 1. Online discussion

Weighting

(% of total marks)

When assessed – academic week

(e.g. Week 8)

Theme 1: Healthcare – economics and financing

a) Analyse health economics and financial decision making

Assessment 1 Online discussions x 3

10%

3,6,10

Theme 2: Principles and practices of budgeting

b) Discuss contemporary funding options and case-mix information

Assessment 2 Essay (2000 words)

40%

5

Theme 3: Financial accounting concepts for nurses

c) Examine current concepts relating to financial accounting in the health care context

Assessment 3 Case Analysis (2500 words)

50%

9

Theme 4: Funding in aged care

d) Investigate the process of business planning in the health care context

 

 

 

 

e) Compare budgeting approaches in the health care context

 

 

 

 

f) Apply the principles of financial management to specific clinical areas.

 

 

Units commencing or have commenced in 2017

TiersPrice
Tier 1$2,035
Tier 2$2,345
Tier 3$2,725
Tier 4$3,275

Units commencing in 2018

TiersPrice
Tier 1$2,100
Tier 2$2,420
Tier 3$2,800
Tier 4$3,375

*Fees are subject to change without notice.