Finance – HFMA Modules (e-learning)

Target Audience

HFMA’s e-learning provides relevant and high-quality content designed for clinical, managerial, operational and finance staff (particularly new finance staff) working in the NHS as well as other healthcare professionals working outside of the NHS.

In the last ten years more than 22000 learners have benefited from this training and it is now the go-to platform for most NHS organisations who wish to improve the financial awareness of their staff and their financial performance.

Course Content

Below are details of the modules available.  You can undertake individual modules or choose to complete ‘Take 5’.  Take 5 simply involves you completing five short online modules (from a choice of more than 15, see below), which require no specialist financial knowledge. By completing 5 modules you will be awarded with an Introductory Award in Healthcare Finance.

Each module is completed online, counts as evidence of 3 hours of CPD and takes approximately 3 hours to complete.

Suggested courses:

  • NHS finance – provides an introductory overview to how the NHS is structured and financed. It explains how money moves from the taxpayer via the Treasury to front line healthcare services and also looks at how this funding is spent and safeguarded. (If you’re aiming for the Introductory Award in Healthcare Finance then this module is compulsory)
  • NHS commissioning – explains what commissioning is and how it fits into the NHS. The module also confirms who is responsible for what, what commissioning involves in practice as well as the rules, regulations and constraints that NHS commissioners have to deal with.
  • NHS budgeting – explains how budgeting works within the NHS. It looks at what budgets are and how you prepare and manage them. It shows you what a typical budget report looks like and how to use it for budgetary control purposes. It also includes an overview of the role and responsibilities of budget holders and explains why this activity is so important.
  • Primary care finance – provides an overview of how primary care is financed in the NHS. It starts by looking at what we mean by primary care, how it fits into the NHS as a whole and who are the main providers. In particular, it looks at contracting in primary care, payments to GPs and the range of services they provide and how dental, ophthalmic and pharmacy services are funded.
  • NHS cost improvement programmes – provides an introduction to cost improvement programmes (CIPs) in the NHS. It explains what CIPs are; how organisations identify and plan them; how CIPs are delivered; how their progress is monitored and how they are assessed and evaluated.

Other course titles:

  • NHS governance (E, W),HSC governance (NI)
  • How NHS provider organisations are paid (E)
  • Provider bodies’ financial regime (E)
  • NHS business cases (E, W)
  • Understanding NHS annual accounts (E)
  • NHS charities (E, W)
  • HSC trust funds (NI)
  • Making payments and collecting income (E, NI)
  • NHS costing (E, W)
  • VAT in the NHS (UK)
  • Internal and external audit (E)
  • Service line management (E)
  • Personal health budgets (E)

Course Duration

Each module is completed online, counts as evidence of 3 hours of CPD and takes approximately 3 hours to complete.

Trainer/Facilitator

The Healthcare Financial Management Association (HFMA) is the professional body for finance staff in healthcare.

Date/Time/Venue 

This is e-learning so can be done at any time.

Cost

This is free of charge for all those working in Stockport General Practice

Additional Information 

To book or to find out more please e-mail Phoebe Myers, Accountant, Stockport CCG – phoebe.myers@nhs.net