Explain the meaning of technical terms and functions in the Health organization (CCG, Capitation, Private equity) as you discuss the various sources of income for health and social care organization.

Management financial resource

Project description

Edexcel BTEC Levels 4 and 5 Higher Nationals in Health and Social Care
Unit Title: Managing Financial Resources in Health and Social Care
Unit Date Issued:

Student Name:
Student ID No.:

Rules and regulations:

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Coursework Regulations
1 Students are required to submit their coursework on-line through online e-learning system http://stponline.org.uk. Detailed information about this is available in the student handbook submission
2 Details of submission procedures and penalty fees can be obtained from Academic Administration or the general student handbook.
3 Late coursework will be accepted by Academic Administration Office and marked according to the guidelines given in your Student Handbook for this year.
4 If you need an extension (even for one day) for a valid reason, you must request one, using a coursework extension request form available from the Academic Administration Office. Do not ask the lecturers responsible for the course – they are not authorised to award an extension. The completed form must be accompanied by evidence such as a medical certificate in the event of you being sick.
5 General guidelines for submission of coursework:
a) All work must be word-processed and must be of “good” standard.
b) Document margins shall not be more than 2.5cm or less than 1.5cm
c) Font size in the range of 11 to 14 points distributed to including headings and body text. Preferred typeface to be of a common standard such as Arial or Times New Roman for the main text.
d) Any computer files generated such as programme code (software), graphic files that form part of the course work must be submitted either online with the documentation.
e) The copy of the course work submitted may not be returned to you after marking and you are advised to have your personal copy for your reference.
f) All work completed, including any software constructed may not be used for any purpose other than the purpose of intended study without prior written permission from St Patrick’s International College.

Outcomes and assessment requirements

Assignment title Managing Financial Resources in the health and Social Care Organisations – CARETECH HOLDING PLS

Learning Outcome (LO)

Assessment Criteria In this assessment you will have the opportunity to present evidence that shows you are able to:
LO1 – TASK 1
Understand how systems are used to manage financial resources in health and social care 1.1 D2 Explain the principles of costing and business control systems
1.2 Identify information needed to manage financial resources
1.3 M1 Explain the regulatory requirements for managing financial resources
1.4 Evaluate systems for managing financial resources in a health or care organisation
LO2 – TASK 2
Understand the role of
planning in the management of health and social care budgets 2.1 M3 Discuss the diverse sources of income that may be encountered in health and social care
2.2 D1 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
LO3 – TASK 3
Understand the importance of monitoring budget expenditure in health and social care organisations 3.1 D3 Explain how financial shortfalls can be managed
3.2 M3 Explain the actions to be taken in the event of suspected fraud
3.3 D2 Evaluate budget monitoring arrangements in a health or social care organisation
LO4 – TASK 4
Understand how systems and processes for managing financial resources influence health and social care
services. 4.1 D3 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 M1 Evaluate how financial considerations impact upon an individual using the health and social care service
4.4 D1 Suggest ways to improve the health and social care service through changes to financial systems and processes

Learner declaration