IHLM Certificate In Healthcare Financial Management

Course details

Healthcare organisations must excel in many things. They must deliver a high level of quality and safety, excellent clinical outcomes and a superlative patient experience while remaining financially sustainable or profitable. Meeting this latter challenge requires everyone with responsibility for managing money in a healthcare organisation – whether in the public or the private sector – to understand the essential tools and techniques of financial management.

Endorsed and accredited by IHLM, Informa’s Certificate in Healthcare Financial Management provides comprehensive coverage of the fundamental concepts, models and methods required for effective financial management in all types of healthcare organisation.

Using case studies from hospitals, clinics, surgical centres and healthcare systems this course delivers the skills, knowledge and competences that will enable clinicians, managers and executives to make the best possible decisions and take the most appropriate actions in practically every financial decision-making scenario they are likely to face. 

What will I learn?

• The sources and allocation of healthcare funding
• Measuring, understanding and reducing healthcare costs
• Performance measurement and accountability
• Planning for the future

Target Audience:

This is an essential course for any healthcare manager or management team that needs to learn practical tools for managing healthcare costs, budgets and investments or who wants to know how to transform financial performance.

What will I benefit from taking the course?

• Discover how to diagnose the financial 'health' of your organisation or department
• Understand how to monitor and manage financial performance and productivity with Key Performance Indicators (KPIs)
• Learn how to create and control departmental and organisational budgets
• Plan future investments and compare the costs and benefits of alternative projects
• Measure, understand and reduce healthcare costs using the techniques that management consultants charge hospitals millions of dollars for!