HFMA e-learning - subscription service

(for NHS organisations in England)

Open access to all of HFMA’s e-learning content made simple!

The HFMA e-learning subscription service is designed to enable larger numbers of staff within an organisation to utilise the training content in an even more straightforward and affordable way. The subscription term can be one, two or three years and the cost is determined by the size and potential usage of your organisation. For this fee, complete access and deployment flexibility is available to HFMA’s suite of e-learning modules.

Open access to HFMA e-learning to all personnel across your organisation (for a one, two or three-year term):

All staff within a subscribing organisation receive open access to HFMA’s e-learning finance training content throughout the agreed subscription term. This new service allows widespread roll out of the programme across your organisation in a flexible and cost-effective way enabling large numbers of staff to enjoy access on demand to HFMA’s e-learning content. Generous fair usage limits apply across the contract term (please refer to the table detailed within the order form overleaf to understand the subscription level appropriate for your organisation).

Unlimited access to all HFMA e-learning content (at both ‘Introductory’ and ‘Finance in Practice’ level):

The subscription service provides open access for each user across the organisation to the entire range of HFMA’s e-learning content throughout the subscription period. The ‘Introductory Series’ syllabus now offers a significant education programme covering a wide range of important finance themes, appropriate for both finance and non-finance staff. A total of 15 modules at this introductory level are currently available. In addition to this, the two higher level ‘Finance in Practice’ modules are also included. With over 20 hours of online learning being made available to each member of staff, this subscription service will enable a substantial increase in financial literacy amongst finance and non-finance staff across the organisation without the expense of charges being applied per module.

Access will also be provided to any new HFMA e-learning modules developed and released during the subscription period. All refreshed content will also be made available to learners.

HFMA existing e-learning modules include the following:

• Introduction to NHS Finance in England
• Introduction to Managing Budgets
• Introduction to NHS Governance
• Introduction to Payment by Results
• Introduction to Practice Based Commissioning
• Introduction to Foundation Trust Financial Regime
• Introduction to Primary Care Finance
• Introduction to Business Cases
• Introduction to Understanding the Accounts (Trusts)
• Introduction to Understanding the Accounts (PCTs)
• Introduction to Understanding the Accounts (FTs)
• Introduction to Charitable Funds
• Introduction to Foundation Trust Application Process
• Introduction to Costing
• Finance in Practice – Internal and external audit in practice
• Finance in Practice – Payment by Results in practice
• Finance in Practice – How to do the accounts in practice

The subscription service provides two options for learners to access the programme content.

The first option to access content is through HFMA’s Learning Management System (LMS) which is a web based LMS integrated into the HFMA website. This has been the typical method to date which has proven to be an effective delivery platform for learners. This approach allows users to access content online as well as offering organisations the tools to manage and track staff through their learning.

Alternatively, HFMA has developed ground breaking technology allowing access to content through organisations’ own LMS or other hosted learning environment. A small implementation cost applies which involves a simple download to provide an interface to the HFMA e-learning content. This approach allows even easier access to finance training by placing it alongside other e-learning material deployed within the organisation. Training records can also be integrated with Electronic Staff Records resulting in a streamlined management and reporting of learners’ progress, alongside training passports and personal development plans.

When does the cost benefit of the subscription service outweigh the individual licencing option?

The subscription service option becomes a more cost effective route to adopt when an organisation requires approximately 30 or more staff to undertake the ‘Introductory Certificate in Healthcare Finance’ over the course of a year. The maximum number of staff which can be trained will depend on the subscription level and associated fee.

What support is given for the roll out of e-learning or integration with other onsite training?

Subscribers will also benefit from having access to an account management and training resource that will help you roll out the service in the most efficient way. HFMA will provide guidance and support for the integration of this e-learning alongside other onsite training or help support your training needs analysis and the design of a programme to meet those needs.

For further information, please call Kamal.Babra@hfma.org.uk 0117 938 8991,
email Kamal.Babra@hfma.org.uk or simply complete and return the order form.

Subscription terms:

• All subscription fees are exclusive of VAT and payable on 30 day terms from receipt of invoice.
• An annual invoice will ordinarily be sent for the 2 or 3 year contract however if an organisation wishes to pay for the 2 or 3 year contract on entering the subscription, a further 5% discount will apply to the overall cost.
• Contract terms are available in one, two and three year blocks. Payment terms are equalised so that contract renewal or expiry fall on either 1st April or 1st October. If an order is placed outside of these months, a pro-rata fee will apply from the date you place your order. To this end, all orders will last a minimum of 12 months.
• HFMA requires written confirmation 3 months prior to the end of a contract term if the subscription renewal is not required. If this is not received, an automatic renewal of the previous contract term will apply. Any increase in subscription rate will be communicated before this time.
• A fair usage level over the duration of the contract is applied to each subscription level. However, this only comes into effect when the overall number of subscribing organisations reach their maximum user level.
• The Introductory Finance publications which accompany the e-learning certificate package will be provided to an organisation up to their annual fair usage level and despatched in equal amounts on a quarterly basis or in line with the course uptake and completion levels, whichever is less.
• For a full list of terms and conditions of contract, please download the document below.

Detailed Terms and Conditions are available