Managing Financial Resources In Health And Social Care Case Study
Oxford Cambridge and RSA
Unit title:
Managing financial resources in health and social care Unit number:
16
Level:
4
Credit value:
15
Guided learning hours:
60
Unit reference number:
R/601/1615
UNIT AIM AND PURPOSE
This unit will enable learners to evaluate current systems for managing financial resources in health and social care settings. Learners will evaluate how financial decisions are made and the need to monitor budgets. This will then enable them to evaluate the impact of financial considerations on an individual using health and social care services.
This unit will provide a core understanding of the range of systems available, and how these are used in the planning and financial management …show more content…
Typical delivery contexts could include researching the financial framework and software used within a health and social care setting. A discussion with the setting’s manager is highly desirable.
Learners will benefit from being encouraged to exercise autonomy and judgement to develop their financial acumen and an understanding of how financial data is used in making key decisions for service delivery. Learners will have the opportunity to adapt their thinking and reach considered conclusions when implementing change management. Learners would benefit from being presented with subject/sector-relevant problems from a variety of perspectives, and being given the opportunity to explore them using diverse approaches and schools of thought. For example, comparisons between different financial resources management scenarios could be undertaken from the perspective of the public, private and/or voluntary sectors. The usefulness of a variety of processes should be investigated in order to suggest improvements and changes to service …show more content…
All evidence must be available for the visiting moderator to review. Where learners are able to use real situations or observations from work placement, care should be taken to ensure that the record of observation accurately reflects the learner’s performance. This should be signed, dated, and included in the evidence. It is best practice to record another individual’s perspective of how a practical activity was carried out. Centres may wish to use a witness statement as a record of observation.
This should be signed and dated and included in the evidence.
© OCR 2013
RESOURCES
Books
Martin M, Charlesworth J, Henderson E. Managing in Health and Social Care 2nd
Edition. Routledge. 2010, ISBN: 978-0-20385-693-2
Bryans W, Practical Budget Management in Health & Social Care, Radcliffe
Publishing Ltd. 2007. ISBN: 978-1-84619-100-8
Journals
ICAEW Healthcare Journal
British Medical Journal
Health Services Journal
Public Service Review: Health & Social Care
Websites
lntsoftware.com www.advancedcomputersoftware.com/abs/accounting-financial/open-accounts.php www.hsj.co.uk www.publicservice.co.uk www.icaew.com
Signposting to other units within the qualification
Unit
Unit title:
Managing financial resources in health and social care Unit number:
16
Level:
4
Credit value:
15
Guided learning hours:
60
Unit reference number:
R/601/1615
UNIT AIM AND PURPOSE
This unit will enable learners to evaluate current systems for managing financial resources in health and social care settings. Learners will evaluate how financial decisions are made and the need to monitor budgets. This will then enable them to evaluate the impact of financial considerations on an individual using health and social care services.
This unit will provide a core understanding of the range of systems available, and how these are used in the planning and financial management …show more content…
Typical delivery contexts could include researching the financial framework and software used within a health and social care setting. A discussion with the setting’s manager is highly desirable.
Learners will benefit from being encouraged to exercise autonomy and judgement to develop their financial acumen and an understanding of how financial data is used in making key decisions for service delivery. Learners will have the opportunity to adapt their thinking and reach considered conclusions when implementing change management. Learners would benefit from being presented with subject/sector-relevant problems from a variety of perspectives, and being given the opportunity to explore them using diverse approaches and schools of thought. For example, comparisons between different financial resources management scenarios could be undertaken from the perspective of the public, private and/or voluntary sectors. The usefulness of a variety of processes should be investigated in order to suggest improvements and changes to service …show more content…
All evidence must be available for the visiting moderator to review. Where learners are able to use real situations or observations from work placement, care should be taken to ensure that the record of observation accurately reflects the learner’s performance. This should be signed, dated, and included in the evidence. It is best practice to record another individual’s perspective of how a practical activity was carried out. Centres may wish to use a witness statement as a record of observation.
This should be signed and dated and included in the evidence.
© OCR 2013
RESOURCES
Books
Martin M, Charlesworth J, Henderson E. Managing in Health and Social Care 2nd
Edition. Routledge. 2010, ISBN: 978-0-20385-693-2
Bryans W, Practical Budget Management in Health & Social Care, Radcliffe
Publishing Ltd. 2007. ISBN: 978-1-84619-100-8
Journals
ICAEW Healthcare Journal
British Medical Journal
Health Services Journal
Public Service Review: Health & Social Care
Websites
lntsoftware.com www.advancedcomputersoftware.com/abs/accounting-financial/open-accounts.php www.hsj.co.uk www.publicservice.co.uk www.icaew.com
Signposting to other units within the qualification
Unit