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Topic: Assignment Brief Managing Financial Resources in Health and Social Care
Assignment
Brief – Managing Financial Resources in Health and Social Care
Programme Edexcel BTEC Levels 4 and 5 Higher Nationals in Health and Social Care
Unit Title: Managing Financial Resources in Health and Social Care
Unit : 14 Date Issued:
Week beginning 5th May 2014
Rules and regulations:
Plagiarism is presenting somebody else’s work as your own. It includes: copying information directly from the Web or books without referencing the material; submitting joint coursework as an individual effort; copying another student’s coursework; stealing coursework from another student and submitting it as your own work. Suspected plagiarism will be investigated and if found to have occurred will be dealt with according to the procedures set down by the University. Please see your student handbook for further details of what is / isn’t plagiarism.
Coursework Regulations
1. Students are required to submit their coursework on-line through online e-learning system
2. Detailed information about this is available in the student handbook submission
3. Details of submission procedures and penalty fees can be obtained from Academic Administration or the general student handbook.
4. Late coursework will be accepted by Academic Administration Office and marked according to the guidelines given in your Student Handbook for this year.
5. If you need an extension (even for one day) for a valid reason, you must request one, using a coursework extension request form available from the Academic Administration Office. Do not ask the lecturers responsible for the course – they are not authorised to award an extension. The completed form must be accompanied by evidence such as a medical certificate in the event of you being sick.
6. General guidelines for submission of coursework:
a. All work must be word-processed and must be of “good” standard.
b. Document margins shall not be more than 2.5cm or less than 1.5cm
c. Font size in the range of 11 to 14 points distributed to including headings and body text. Preferred typeface to be of a common standard such as Arial or Times New Roman for the main text.
d. Any computer files generated such as programme code (software), graphic files that form part of the course work must be submitted either online with the documentation.
e. The copy of the course work submitted may not be returned to you after marking and you are advised to have your personal copy for your reference.
Outcomes and assessment requirements
Assignment title Managing Financial Resources in the health and Social Care Organisations – CARETECH HOLDING PLS
Learning Outcome (LO)
Assessment Criteria In this assessment you will have the opportunity to present evidence that shows you are able to:
Understand how systems are used to manage financial resources in health and social care 1.1 D2 Explain the principles of costing and business control systems
1.2 Identify information needed to manage financial resources
1.3 M1 Explain the regulatory requirements for managing financial resources
1.4 Evaluate systems for managing financial resources in a health or care organisation
Learner declaration
I certify that the work submitted for this assignment is my own and research sources are fully acknowledged.
Student signature: Date:
In addition to the above PASS criteria, this assignment gives you the opportunity to submit evidence in order to achieve the following MERIT and DISTINCTION grades
Grade Descriptor Indicative characteristic/s Contextualisation
Identify and apply strategies to find appropriate solutions
Make effective judgment on the impact of regulators on the quality of care in the NHS; state at least two regulators and explain their roles (LO 1.3)
M2
Select/design and apply appropriate methods/techniques
M3 Present and communicate appropriate findings
Coherent, logical development of principles/concept for the intended audience The answer should consist of the at least 2 subheadings fully explained: (i) The red flags of fraud (ii) Actions to take in the event of fraud (LO 3.2)
Explain the meaning of tecchical terms and functions in the Health organsiation (CCG, Capitation, Private equity) as you discuss the various sources of income for health and social care organisation (LO 2.1)
Use critical reflection to evaluate own work and justify valid conclusions
Conclusion arrived at through synthesis of ideas & justicfied
You will explain and justify the various scheme proposed to improve the health care delivery by changes in the financial systems (LO 4.4)
You will discuss the factors that mostly affect and influence availability of resource and suggest how health and social organisation can use that to their advantage (LO2.2)
D2
Take responsibility for managing and organising activities
The importance of interdependence recognised and achieved You will demonstrate with diagram and table, the budget monitoring arrangement. You will need to provide clear link of the process (LO 3.3)

Topic: Business Plan assignment 2- Physio clinic
Hi, Please base this assignment in a report format based on part 1 of my assignment (which I have attached) its about opening a small physic business. Also I have attached marking criteria and a powerpoint presentation of the important points that need to be targeted. Please make sure the instructions are followed.
Rationale
This assignment requires you to use the business outlined in assignment 2a and forecast likely revenues that could be generated by the business and the costs of running it. Ultimately you need to assess whether your proposed business is financially viable.
Task
1. Identify and quantify the start-up costs of the business you outlined in part 1 of your business plan.
2. How will these start-up costs be funded – eg by loans or existing savings?
3. Identify and quantify the ongoing costs of running your business on a monthly basis. Make sure that you distinguish between fixed and variable costs.
4. Outline the type of marketing you will do to promote your business.
5. What prices or fees will you charge for your products and/or services? Explain how you arrived at these fees.
6. Estimate the number of customers for the first 12 months – explain how you arrived at these figures.
7. How much do you think you will be paying yourself in the first 12 months? Why?
8. Develop a cash flow budget for the first year of operation on a monthly basis.
9. Calculate the number of customers you will need to break-even – i.e. cover all your costs – in the first year.
10. Comment on the financial viability of your business during its first year of operation. Is your proposed business financially viable?
You will be assessed on the following:
• Proof reading, writing clearly and in an appropriate formal style for an academic report.
• Use of APA and correct citing of sources with page reference for quotes.
• Analysis of start- up and on-going costs.
• Breakeven analysis.
• Explanation of both clients and fee structure and convincing marketing strategy.
• Analysis of financial viability.
• Realistic budget with all costs and revenues included