Understand and apply the key provisions of PFM Act 921 (2016) and PFM Regulations L.I 2378 (2019).
Differentiate between the three categories of patients (Private Cash/Cash & Carry, Private Sponsored, Public Sponsored/NHIS).
Demonstrate knowledge of billing processes using LHIMS (Lightwave Health Information and Management System).
Identify the three major on-site banking locations (Main OPD, Laboratory, Paediatric) and MTN MoMo payment point.
Apply refund procedures for unavailable or over-prescribed medications (OPD) and unutilized drugs (IPD).
State the rules for staff medical refunds (50% of chemistry lab tests and Vision Field Test; drugs not refundable).
Complete a case-based assessment on claims issues (date/time of admission, diagnosis entry, system issues).
This course provides a comprehensive orientation to financial management within a teaching hospital setting. It covers the regulatory frameworks governing public financial management in Ghana (PFM Act 921, PFM Regulations L.I 2378, MoH ATF Rules, Internal Audit Agency Act 658), the definition and objectives of financial management, healthcare-specific financial operations, patient categorization, billing processes, payment points, receipt types, refund procedures (OPD and IPD), staff medical refunds, and claims documentation. The course emphasizes the application of general management principles to financial resources, the importance of accurate documentation, compliance with public financial laws, and the role of financial management in reducing ineffective and duplicate services to improve patient care.
Identify the key accounting regulatory frameworks governing Ho Teaching Hospital:
Public Financial Management Act 2016 (Act 921)
PFM Regulations 2019 (L.I 2378)
MoH Accounting, Treasury and Financial Reporting (ATF) Rules and Instructions
Internal Audit Agency Act, 2003 (ACT 658)
Define financial management as a system that provides information for effective decision making regarding raising and investing of funds, applying general management principles to financial resources.
Explain the three main objectives of financial management in healthcare:
Generating income/raising revenue (pricing services, new services)
Investing funds (assets, technology, medical equipment)
Monitoring internal spending (fraud detection, stock taking per Section E of ATF)
Describe the consequences of deficiency, loss, damage, or destruction of public funds or property under PFM Act 921 S. 96(1d): imprisonment of 6 months to 5 years OR fine of 100 to 2,500 penalty units OR both.
No Review found
Discover Additional Learning Opportunities
Beginner