About this Module
What you will learn
This micro-credential equips medical students and healthcare professionals with essential financial knowledge and practical strategies to navigate the business side of healthcare. Learners will explore the significance of financial planning in managing medical practices, investments, and personal finances. Learners will also identify the key components and structures required to develop comprehensive financial plans that support long-term sustainability. In addition, learners will define and apply core financial concepts such as profit and profitability within healthcare contexts. By the end of the course, participants will be empowered to make informed and strategic financial decisions, enhancing both their professional practice and personal financial well-being.
What skills you will gain
Learners will be able to: 1. explain the importance of financial planning in healthcare management and personal financial growth. 2. identify and interpret key financial concepts such as revenue, expenses, profit, and profitability. 3. develop a basic financial plan that includes budgeting, forecasting, and investment considerations. 4. analyze the financial performance of a healthcare practice using simple financial statements. 5. apply strategic financial decision-making skills to enhance sustainability and professional success. 6. demonstrate sound personal financial management skills relevant to healthcare professionals and entrepreneurs.
Total contents and assessments
4 videos
Module Details
CLUSTER : Business & Management ( SP ) MODE/DURATION : Flexible LENGTH : 30 days EFFORT : 1 LEVEL : Beginner LANGUAGE : English CERTIFICATE : Yes CPD POINT : 0 PRICE : Free Associated Course (s) : No Course
