financial aspects of the intended change

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Assignment 2 has a word limit of 1500 minimum and 2500 words maximum and it is worth 30%. For submission date, please refer to the assessment schedule above. Assignment 2 The tasks for this assignment relate to the change management plan developed in Assignment Having selected the intended change and provided a context and need for the change, and mapped the process of change and its management, you must now consider financial implications of the change for your facility or health service. The following financial aspects of the intended change should be addressed: Resources required for the change and how you will mobilize them (i.e. how you will use the allocated funding and existing or additional human resource (personnel) to implement the change plan). Impact of the change on the ‘bottom line’ (i.e. surplus/profits) and cash flow of the facility or health service in the short and longer term. Any capital investment decisions required as a result of the change and source of funding. Financial risks that may arise from the change and the process to mitigate the causes and effects of those risks. Possible regulatory compliance issues to meet the requirements of government and other regulatory bodies. You will need to consider: Theoretical concepts around change management; functions and roles of a health services manager; health services organizations, external environment and any other theoretical concepts relevant to you change management plan. Role of the finance function in strategic and operational management. Application of each of the following to the change management process: cash, operational and capital budgeting; managing short-term resources and obligations; long-term financing; accountability and control factors Also draw on your experience and knowledge of how to write and present a proposal/plan/report i.e. cover page indicating the title and who the proposal will be submitted to. Take time to understand Integrated Health Care and Primary Health Care models of care for you to be able to clearly define and justify the needed change. Use of clear examples from the context which you are referring to for this assignment is critical to demonstrate your understanding and application of management theoretical concepts.
Instruction:i will give you the previous assignment too in the additional files because you have to give the financial change based on the previous assignment

The assignment is intended to take the form of a scenario based Change Management Plan. It is in 2 parts Assignment 1 and Assignment 2 and each part is worth 30%.

Assignment 1 has a word limit of 3000 minimum and 4000 words maximum and it is worth 30%. For submission date, please refer to the assessment schedule above.

In the context of increased debates on management of chronic and non-communicable diseases, you have received extra allocated funding to improve the delivery of health care services in your health care setting moving away from a predominantly curative focus to an integrated (curative and preventive) health care services delivery model.

Please choose one of the two scenarios, and follow the instructions below

  1. You are a Senior Health Manager working in a public or private healthcare delivery setting (or facility) where service delivery predominantly focuses on curative care.

Or

  1. You are a Senior Health Manager working in a rural Health Service. Where service delivery can be varied and difficult and you are wanting to move away from an acute care model to a Primary Health Care Model.

As a health service manager, you are responsible for writing a change management plan addressing the following;

  • A clearly defined context of change – a brief description of the organizational setting being considered which could be your work place or organization whose context you are well conversant with.
  • A clearly defined need for the change i.e. problems and issues needing change or improvement; importance of considering change for these problems and issues
  • A clearly defined intended change (type of change and what needs to be changed)
  • Map the process of change which you will employ and outline how you will manage the change process as well as resistance to change
  • Techniques you will use for sustaining the change and stimulating innovation

Assignment 2 has a word limit of 1500 minimum and 2500 words maximum and it is worth 30%. For submission date, please refer to the assessment schedule above.

Assignment 2

The tasks for this assignment relate to the change management plan developed in Assignment Having selected the intended change and provided a context and need for the change, and mapped the process of change and its management, you must now consider financial implications of the change for your facility or health service.

The following financial aspects of the intended change should be addressed:

  • Resources required for the change and how you will mobilize them (i.e. how you will use the allocated funding and existing or additional human resource (personnel) to implement the change plan).
  • Impact of the change on the ‘bottom line’ (i.e. surplus/profits) and cash flow of the facility or health service in the short and longer term.
  • Any capital investment decisions required as a result of the change and source of funding.
  • Financial risks that may arise from the change and the process to mitigate the causes and effects of those risks.
  • Possible regulatory compliance issues to meet the requirements of government and other regulatory bodies.

You will need to consider:

  • Theoretical concepts around change management; functions and roles of a health services manager; health services organizations, external environment and any other theoretical concepts relevant to you change management plan.
  • Role of the finance function in strategic and operational management.
  • Application of each of the following to the change management process: cash, operational and capital budgeting; managing short-term resources and obligations; long-term financing; accountability and control factors

Also draw on your experience and knowledge of how to write and present a proposal/plan/report i.e. cover page indicating the title and who the proposal will be submitted to.

Take time to understand Integrated Health Care and Primary Health Care models of care for you to be able to clearly define and justify the needed change.

Use of clear examples from the context which you are referring to for this assignment is critical to demonstrate your understanding and application of management theoretical concepts.