Veidlapa Nr. M-3 (8)
Study Course Description

Basics of Finance Management

Main Study Course Information

Course Code
VVDG_037
Branch of Science
Economics and Business
ECTS
3.00
Target Audience
Rehabilitation
LQF
Level 7
Study Type And Form
Full-Time

Study Course Implementer

Course Supervisor
Structure Unit Manager
Structural Unit
Health Management Teaching Group
Contacts

Dzirciema street 16, Rīga

About Study Course

Objective

To develope understanding of health care financing models and their impact to availability of health care and rehabilitation services, to develope basic financial analysis skills.

Preliminary Knowledge

Basics of economics.

Learning Outcomes

Knowledge

1.Students understand the impact of the financing system on the provision of health care services, understand supply and demand in health care.

Skills

1.Students can analyze and interpret simple financial statements, prepare a company budget and identify possible sources of investment.

Competences

1.Students are able to critically analyze and interpret financial information in health care, are able to organize financial aspects in the course of implementing new rehabilitation services.

Assessment

Individual work

Title
% from total grade
Grade
1.

Individual work

-
-
Literature research, rehabilitation services market analysis in Latvia, preparation of a rehabilitation service implementation business plan

Examination

Title
% from total grade
Grade
1.

Examination

-
-
Presentation of the implementation plan of new rehabilitation service.
2.

Examination

-
-
Active participation in practical exercises; timely submitted, qualitatively executed written works, quality of oral answers; presentations of independent tasks.

Study Course Theme Plan

FULL-TIME
Part 1
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Classification of costs. Break even point. Cost of goods sold.
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Health care systems financing
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Elaboration of plans. Sources of investment.
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
4

Topics

Health care systems financing
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
4

Topics

Purchasing methods in health care
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Purchasing methods in health care
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
4

Topics

Elaboration of plans. Sources of investment.
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
4

Topics

Classification of costs. Break even point. Cost of goods sold.
Total ECTS (Creditpoints):
3.00
Contact hours:
24 Academic Hours
Final Examination:
Exam (Written)

Bibliography

Required Reading

1.

M.Rurāne. Finanšu pārvaldība un analīze. Rīga, 2019

2.

R.Gruen, A.Howarth. Financial management in Health Services. Open University press, 2005

3.

A.Dūdele, T.Korsaka. Finanšu vadība. Rīga, 2003

Additional Reading

1.

S.Berger. Fundamentals of Health Care Financial Management. A Practical Guide to Fiscal issues and Activities, 2008