Briefing / Strategic finance leadership skills required to transition to an integrated care system

24 August 2020 Lisa Robertson
1 CPD hour
The first intake of learners have now completed their MBAs in healthcare finance. As part of their final assessments learners are required to complete a consultancy project on an aspect of healthcare finance. These projects have provided valuable research on a range of topics, which may be of interest to others.

BPP University developed the MBA in healthcare finance in response to the scale of the financial and operational changes in the NHS. Financial acumen alone is no longer enough. There is now an increasing need for professionals who understand the need for quality of service and people management in addition to financial information. Graduates of the HFMA advanced higher diploma in healthcare business and finance are eligible for entry onto the programme. Further information on the range of HFMA qualifications in healthcare business and finance can be found on the HFMA website. 

Projects covered a range of topics such as: the role of the finance in integrated care; the impact of culture on the delivery of financial savings; organisational mergers; and high utilisation patients. Six projects were successfully completed in January 2020. Over the next few weeks we will publish a summary of a sample of these projects, alongside a link to the full healthcare consultancy project. 

This summary, along with the full project, sets out research that may be useful to other NHS finance professionals. It does not represent the views of the HFMA.

The second project in our series was written by Tracy Mayes, Deputy CFO – Finance, Contracts and Procurement at East Riding of Yorkshire Clinical Commissioning Group. It focuses on the skills required to transition to an integrated care system for finance roles.
 
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Keywords
System working