45,000* HFMA e-learning assignments are deployed across more than 70% of all NHS organisations increasing financial awareness of finance and non-finance staff. HFMA’s e-learning is seen as an ideal alternative or supplement to traditional classroom-based training. This information sheet confirms all you need to know about HFMA e-learning – the range content available, delivery as well as payment options.
Two levels of learning are available – the Introductory Series and the Finance in Practice Series.
The Introductory Series syllabus offers a significant education programme covering a wide range of important finance themes appropriate for both finance and non-finance staff. The existing Introductory Series modules include key areas such as Introduction to NHS Finance, Governance, Budgeting, Business Cases, Payment by Results, Cost Improvement Programme, Commissioning, Primary Care Finance, FT Finance, Primary Care Finance, Costing as well as Internal and External Audit. Modules are updated regularly in line with changes within the NHS. Additions are also made regularly to this syllabus.
Further details on the full range of content available can be found on www.hfma.org.uk/e-learning.
The Finance in Practice Series is aimed at finance practitioners and those who want a more in depth technical understanding of the subject and how it is applied in practice. The existing modules include NHS Payment by Results in Practice and How to do NHS accounts in practice.
The Introductory Certificate in Healthcare Finance:
As well as being able to study modules individually, learners can choose to study the Introductory Certificate in Healthcare Finance which is a package of five e-learning modules. One module is compulsory (Introduction to NHS finance in England) and the remaining four can be chosen by the learner or their organisation to make up the total. Each module is accompanied by details of resources that provide more information together with HFMA’s best selling publication – ‘The Introductory Guide to NHS Finance’ . Once completed, the Introductory Certificate equates to 15 hours CPD. The learner also receives a formal certificate confirming the qualification has been gained.
How long modules take to complete:
Each module takes between approximately 2 hours to complete depending on your learning style and experience with a 30 minute assessment at the end of each module to assess the learners’ understanding of the material covered.
Link to KSF:
Each module is linked to the KLOE as well as the KSF and provides relevant underpinning knowledge for the Financial Management dimensions (G4) at levels 1 - 4 as well as 3 hours of accredited CPD per module.
Structure of the modules (learning and assessment):
All e-learning modules include several sections of learning comprising of text, questions, interactions and additional resources (which can be printed out and saved for future reference). Each module concludes with a marked assessment that must be passed in order for the module to be successfully completed.
The glossary can be accessed from every page of our e-learning modules and includes all the definitions and acronyms that are found in our modules. As with the all HFMA e-learning, this resource is continually updated in line with changes in the NHS.
HFMA e-learning is accessed via HFMA’s Learning Management System (LMS) which is a web based LMS integrated into the HFMA website. This method has proven to be an effective delivery method for learners. This approach allows users to access content online as well as offering organisations the tools to manage and track users through their learning.
1) Subscription service:
A subscription purchase option is now available for those organisations wishing to roll out HFMA’s e-learning to a larger numbers of staff in a straight forward and affordable way.
The benefits are:
- Open access to HFMA e-learning to all personnel across your organisation (for a one or three-year term) for a one off fee. Generous fair usage limits apply across the contract term.
- Unlimited access to all HFMA e-learning content including the Introductory Series as well as Finance in Practice Series.
- Learners successfully completing the Introductory Certificate in Healthcare Finance receive a copy of our best selling publication as well as a certificate.
2) Individual Certificate and Module purchase option (pay per user model):
It is possible for individuals and organisations to order smaller numbers of certificates or individual modules based on individual/team knowledge requirements. Discounts are available for bulk purchases.