Training Course on Fiscal Health: Mastering Budgeting & Financing Training Course

Module 1: Introduction to Healthcare Financial Management
Subtopics:
Overview of financial management in healthcare
Key financial principles: budgeting, accounting, and reporting
Roles and responsibilities of finance professionals in healthcare
Challenges in managing healthcare finances
Case Studies:
Financial turnaround strategies in a district hospital
Lessons from hospitals facing funding gaps and mismanagement
Learning Objectives:
Understand the fundamentals of healthcare financial management
Identify key financial challenges in healthcare settings
Recognize the role of finance in supporting organizational goals
Appreciate the link between financial management and quality of care

Module 2: Budgeting Principles and Techniques
Subtopics:
Types of budgets: operational, capital, program-based
Budget planning and preparation processes
Forecasting revenues and expenditures
Aligning budgets with strategic objectives
Case Studies:
Successful implementation of program-based budgeting in a health facility
Budget planning for multi-department hospitals
Learning Objectives:
Develop comprehensive budgets for healthcare operations
Apply forecasting techniques for revenue and expenditure planning
Align financial planning with organizational priorities
Monitor budget adherence and adjust plans as necessary

Module 3: Financial Analysis and Reporting
Subtopics:
Understanding financial statements: balance sheet, income statement, cash flow
Key financial ratios and performance indicators
Financial data interpretation for operational decisions
Reporting standards and compliance
Case Studies:
Using financial analysis to improve hospital efficiency
Identifying financial risks through ratio analysis
Learning Objectives:
Interpret and analyze financial statements effectively
Apply financial indicators to monitor organizational performance
Make informed operational and strategic decisions using financial data
Ensure compliance with reporting standards and regulations

Module 4: Cost Management and Resource Optimization
Subtopics:
Cost classification: fixed, variable, direct, indirect
Techniques for cost reduction and efficiency improvement
Resource allocation strategies
Evaluating cost-effectiveness of healthcare programs
Case Studies:
Optimizing operating room costs without compromising patient care
Resource allocation strategies in constrained healthcare environments
Learning Objectives:
Classify and manage costs in healthcare settings
Implement strategies to reduce waste and improve efficiency
Optimize the use of resources for maximum impact
Conduct cost-effectiveness analysis for healthcare programs

Module 5: Financing Strategies and Funding Sources
Subtopics:
Overview of healthcare financing mechanisms
Government funding, donor support, and revenue generation
Public-private partnerships in healthcare financing
Strategies for financial sustainability
Case Studies:
Innovative funding approaches for community health programs
Managing donor funds in multi-project hospitals
Learning Objectives:
Identify and evaluate various healthcare financing options
Develop strategies to diversify funding sources
Ensure sustainable financing for health programs
Manage donor and government funds responsibly

Module 6: Risk Management and Financial Accountability
Subtopics:
Identifying financial risks in healthcare organizations
Internal controls and audit mechanisms
Fraud prevention and compliance measures
Transparency and accountability in financial operations
Case Studies:
Implementing internal controls to reduce financial mismanagement
Lessons from healthcare organizations facing audit challenges
Learning Objectives:
Identify and mitigate financial risks in healthcare operations
Apply internal controls and audit processes effectively
Promote transparency and accountability in financial management
Ensure ethical handling of healthcare funds

Module 7: Practical Applications and Financial Simulations
Subtopics:
Hands-on exercises in budget preparation, cost analysis, and financial reporting
Simulation of financial decision-making scenarios
Developing facility-specific financial improvement plans
Group discussions and peer knowledge sharing
Case Studies:
Budget simulation exercises for hospital departments
Collaborative problem-solving in resource allocation scenarios
Learning Objectives:
Apply theoretical financial knowledge in practical healthcare scenarios
Solve complex financial challenges collaboratively
Develop actionable plans to improve financial management in healthcare facilities
Learn from peer experiences and best practices for continuous improvement