Welcome to the HFMA Online Academy

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2 Welcome to the HFMA Online Academy Making the best use of NHS resources for patients on a limited budget is challenging. So ensuring NHS money is managed effectively is more important than ever. Here at the HFMA Online Academy, we ve developed a range of online courses that enable anyone working in or with the NHS to build their knowledge of NHS finance through flexible web-based learning. It works by providing exactly the kind of learning that s needed, when it s needed with no need to travel to training courses or incur expense on tutors and training venues. Whether you re an NHS organisation looking to improve your staff s knowledge of managing budgets and accounts or an NHS supplier seeking to understand the basics of NHS finance, the HFMA Online Academy covers everything you need to know about the current finance and governance practices within the NHS. Statistics taken from the HFMA online system showed 98% of learners rated the content as being good or excellent.

3 Courses you ll click with From budgeting to business cases, commissioning to costing, our wide range of interactive modules will help both finance and non finance staff work more effectively and ultimately deliver better patient care. Introductory Certificate in Healthcare Finance Developed to give staff a basic understanding of NHS finance, the Introductory Certificate provides individuals with exactly the kind of support they need to do their job well. Learners must complete five of our nineteen modules, including Introduction to Finance to achieve the Certificate. The advantage of this is that staff can select modules that are of particular relevance to their role, enabling them to improve their knowledge and keep up-to-speed with current practices. Once successfully completed, learners will receive a Certificate and a free copy of our best-selling publication Introductory Guide NHS Finance. 192,000 CPD hours have been delivered through the HFMA Online Academy Modules to match requirements Introduction to NHS Finance Introduction to NHS Budgeting Introduction to NHS Governance Introduction to How NHS services are paid for Introduction to NHS Commissioning Introduction to NHS FT Financial Regime Introduction to NHS Primary Care Finance Introduction to NHS Business Cases Understanding NHS Accounts Trusts Understanding NHS Accounts CCGs Understanding NHS Accounts FTs Introduction to NHS Charitable Funds Introduction to NHS FT Application Process Introduction to NHS Receivables and Payables Introduction to NHS Costing Introduction to NHS Cost Improvement Programmes Introduction to internal and External Audit Introduction to NHS Service Line Management lntroduction to VAT in the NHS Finance in Practice How to do NHS Accounts in Practice I ve been overwhelmed by the positive feedback from staff. Some have thanked me for sorting this training out for them which has contributed to them feeling more confident at their work. Without a doubt, this training has increased our ability to improve the financial position of the Trust Simon Worthington Finance Director, Bolton NHS Foundation Trust

4 Highly rated for quality By subscribing to the HFMA Online Academy, you will be giving your staff the support they need to develop their knowledge and improve their effectiveness in their day-to-day role. Over 200 NHS organisations currently subscribe to our Online Academy and over 192,000 CPD hours have been delivered since it launched in 2006 with good reason. It supports the ongoing development and career progression of all professionals working in healthcare. It s flexible staff can learn at their own pace in their own time to fit around their busy work schedules. And it enables staff to keep abreast of the latest finance and governance practices we re constantly refreshing our content to ensure it s up-to-date and accurate. All our 20 modules have been designed to be easily absorbed and provide relevant options for staff working in England, Wales and Northern Ireland. Giving your staff access to the HFMA Online Academy gives them a support mechanism that will help them be the best they can be. And it gives you a framework for establishing effective financial practice across your organisation.

5 Economical No travel, tutors, training venues or staff cover costs Effective Learners make better use of NHS resources through improved financial awareness Convenient With 24/7 access via the HFMA website, users can choose to learn whenever and wherever they want Engaging Modules have been designed to be easily absorbed using practical, interactive stop & think questions Flexible Sign up for the number of learners and duration that suits you Supportive Our content is up-to-date, accurate and highly rated for its quality Who it suits All healthcare staff such as doctors, nurses, financial managers and the wider healthcare community. It is particularly valuable to those managing budgets. NHS suppliers all staff dealing with the NHS that need an understanding of NHS finance Options to suit you We offer three packages to suit your needs. Subscription Our subscription package offers a cost-effective way of giving staff open access to a finance training programme. Introductory Certificate in Healthcare Finance Ideal for those organisations seeking to train a team of less than 30 individuals. Modules For those that want to improve their knowledge of one or two specific areas of NHS finance. Going for the HFMA Online Academy meant staff could fit training in around their work and do it bit by bit when they had the time. Some even do it on their own laptops at home Daniel Carlen Chief Accountant, Guy s and St Thomas NHS Foundation Trust

6 Staff feedback has been extremely positive. Several have told me that the courses help them understand the fuller contexts of why they are doing things. Daniel Carlen Chief Accountant Guy s and St Thomas NHS Foundation Trust

7 About the HFMA The Healthcare Financial Management Association (HFMA) is the professional body for finance staff in healthcare. For more than 60 years, it has provided independent and objective advice to its members and the wider healthcare community. It is a charitable organisation that promotes best practice and innovation in financial management and governance across the UK health economy through its local and national networks. The association also analyses and responds to national policy and aims to exert influence in shaping the wider healthcare agenda. It has a particular interest in promoting the highest professional standards in financial management and governance and is keen to work with other organisations to promote approaches that really are fit for purpose and effective. Our vision & mission The vision that inspires us is a world where we see: Better quality healthcare through effective use of resources In order to help deliver our vision, we are committed to our mission of: Representing and supporting healthcare finance professionals Influencing healthcare policy Promoting best practice, education and CPD HFMA 1 Temple Way, Bristol BS2 0BU T F E info@hfma.org.uk Healthcare Financial Management Association (HFMA) is a registered charity in England and Wales, no and Scotland, no SCO HFMA is also a limited company registered in England and Wales, no Registered office: 110 Rochester Row, Victoria, London SW1P 1JP.