Introduction to Cost Centre Management
(AKA Business Skills for Health Professionals)
For a financial turnaround plan to be successful, financial management has to the responsibility of all managers, rather than as traditionally seen, as the sole domain of the Finance Branch or team.
Many Cost Centre Managers are clinicians who had no intention of managing money when becoming health professionals. With no finance training they have become responsible for day-to-day financial decisions, including managing budgets, rosters and financial internal controls. Often they don’t know who to ask for help or even where to start to understand finance and the role of Cost Centre Manager.
Our tailor-made Cost Centre Manager course (developed in partnership with clinicians and finance teams over 6+ years) is continually updated. Providing clinicians, and anyone with financial delegation, a strong understanding of their role when committing resources that will deliver quality patient care – and be financially sustainable.