Basics of Finance Management
Study Course Implementer
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
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Classification of costs. Break even point. Cost of goods sold.
|
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Health care systems financing
|
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Elaboration of plans. Sources of investment.
|
-
Class/Seminar
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
4
|
Topics
|
Health care systems financing
|
-
Class/Seminar
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
4
|
Topics
|
Purchasing methods in health care
|
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Purchasing methods in health care
|
-
Class/Seminar
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
4
|
Topics
|
Elaboration of plans. Sources of investment.
|
-
Class/Seminar
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
4
|
Topics
|
Classification of costs. Break even point. Cost of goods sold.
|
Bibliography
Required Reading
M.Rurāne. Finanšu pārvaldība un analīze. Rīga, 2019
R.Gruen, A.Howarth. Financial management in Health Services. Open University press, 2005
A.Dūdele, T.Korsaka. Finanšu vadība. Rīga, 2003
Additional Reading
S.Berger. Fundamentals of Health Care Financial Management. A Practical Guide to Fiscal issues and Activities, 2008