managing human resources

Topics: Health care, Health insurance, Management Pages: 12 (1510 words) Published: August 18, 2014
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 of health and social care budgets. The unit further encourages learners to understand the importance of monitoring budget expenditure and its influence on the provision of health and social care services.

© OCR 2013

LEARNING OUTCOMES AND ASSESSMENT CRITERIA
A pass grade is achieved by meeting all the requirements in the assessment criteria. Learning Outcome (LO)

Pass
The assessment criteria are the pass
requirements for this unit.

The Learner will:

The Learner can:

LO1 Understand how systems are used
to manage financial resources in
health and social care

1.1

explain the principles of costing and
business control systems

1.2

identify information needed to
manage financial resources

1.3

explain the regulatory requirements
for managing financial resources

1.4

evaluate systems for managing
financial resources in a health or
care organisation

2.1

discuss the diverse sources of
income that may be encountered in
health and social care

2.2

analyse the factors that may
influence the availability of financial
resources in health and social care
organisations

2.3

review different types of budget
expenditure in health and social
care organisations

2.4

evaluate how decisions about
expenditure are made within a
health or social care organisation

3.1

explain how financial shortfalls can
be managed

3.2

explain the actions to be taken in
the event of suspected fraud

3.3

evaluate budget-monitoring
arrangements in a health or social
care organisation

LO2 Understand the role of planning in
the management of health and
social care budgets

LO3 Understand the importance of
monitoring budget expenditure in
health and social care
organisations

© OCR 2013

LO4 Understand how systems and
processes for managing financial
resources influence health and
social care services

4.1

identify information required to
make financial decisions relating to
a health and social care service

4.2

analyse the relationship between a
health and social care service
delivered, costs and expenditure

4.3

evaluate how financial
considerations impact upon an
individual using the health and
social care service

4.4

suggest ways to improve the health
and social care service through
changes to financial systems and
processes

GRADING CRITERIA
A merit grade is achieved by meeting all the requirements in the pass criteria and the merit descriptors
A distinction grade is achieved by meeting all the requirements in the pass criteria and the merit descriptors and the distinction descriptors.
Merit Criteria (M1, M2, M3)

Distinction Criteria (D1, D2, D3)

(M1, M2, and M3 are mandatory to
achieve a merit grade. Each must be
achieved at least once per unit to
achieve a merit grade.)

(D1, D2, and D3 are mandatory to
achieve a distinction grade. Each must
be achieved at least once per unit to
achieve a distinction grade.)
(In order to achieve a distinction grade,
all merit criteria must also have been
achieved.)

MANDATORY TO ACHIEVE A MERIT
GRADE
M1 Analyse concepts, theories or
principles to formulate own responses to
situations

MANDATORY TO ACHIEVE A...
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