MPH5268 Financial management in health care
Faculty of Medicine, Nursing and Health Sciences
MPH5268 Financial management in health care is a level 5, 6-credit-point, postgraduate unit from the Faculty of Medicine, Nursing and Health Sciences, offered in 2022 in Semester 1 at Alfred Hospital. It has no prerequisites.
- Credit points
- 6
- Offered in 2022
- Semester 1
- Alfred Hospital
- Assessment
- No exam
- 4 tasks
This is the 2022 handbook entry. See the 2027 entry.
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Requisites
Before MPH5268
No prerequisites or corequisites besides the enrolment rules below.
After MPH5268
No unit lists MPH5268 as a prerequisite in the 2022 handbook.
Enrolment rules
Overview
The provision of effective healthcare is an essential component of contemporary society, however with people living longer and community expectations of and demand for healthcare increasing at an unprecedented rate, the financial costs of healthcare are growing at an ever increasing rate. Together with rapid advances in clinical capabilities and technological sophistication, meeting these social and financial challenges has never been more challenging.
In this unit students will examine the basic accounting, financial reporting, budgeting and financial business planning concepts applicable to the healthcare sector, and how they are used by healthcare professionals to aid strategic, operational and service delivery decision making.
Offerings in 2022
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Alfred Hospital | Block on |
Assessment
- Development activities (2400 words, or equivalent)Threshold hurdle40%
- Report (1200 words)20%
- Video presentation (5 minutes)10%
- iSAP Case study (1350 words)30%
Learning outcomes
When you finish this unit, you should be able to:
- 1On successful completion of this unit, you should be able to: 1. Apply accounting terminologies, concepts and processes that underpin the preparation of key financial statements. 2. Review the financial reporting requirements of the regulatory framework that applies to the healthcare sector and assess how they impact the preparation and use of financial reporting systems. 3. Analyse the statutory financial statements prepared and used by public and private sector health care providers. 4. Appraise the various internal management reports typically used in health care organisations and evaluate their use in the day to day management of organisational sub units. 5. Interpret operational and capital budgeting processes, and critique their importance in submissions for major items of capital expenditure. 6. Critically analyse the importance of business planning and its role in organisational growth and development.
Workload and teaching
- Teaching approachActive learning
12 hours self-directed study per week, plus 2 compulsory block days.
For full details of the teaching approach to this unit, please refer to Moodle.
Learning resources
Required resources
See Moodle for details about required resources.
Contacts
- Chief Examiners
- Mr Bob Cornick
- Unit Coordinators
- Mr Bob Cornick
Common questions
What are the prerequisites for MPH5268?
MPH5268 has no prerequisites, but enrolment rules apply.
When is MPH5268 offered?
In 2022, MPH5268 runs in Semester 1 at Alfred Hospital.
Does MPH5268 have an exam?
No. MPH5268 has 4 assessment tasks and no exam.