The healthcare sector is one of the most complex and vital areas of public service, requiring robust financial management to ensure sustainability, efficiency, and high-quality patient care. For professionals working in healthcare finance or aspiring to leadership roles, the QualCert Level 6 Diploma in Healthcare Financial Management offers a specialised pathway to develop advanced financial expertise tailored to the unique challenges of healthcare organisations.
This diploma is an advanced qualification equivalent to the final year of a bachelor’s degree, designed specifically for professionals operating within healthcare finance. The course equips learners with the knowledge and skills necessary to manage financial planning, budgeting, auditing, and resource allocation in hospitals, clinics, public health bodies, and other healthcare settings.
The Level 6 diploma combines theoretical understanding with practical application, focusing on financial governance, risk management, and the economic aspects of healthcare delivery. It is recognised nationally and internationally, making it a valuable credential for career progression.
Understanding the demands on healthcare professionals, many providers offer flexible delivery modes, including online and blended learning options. This flexibility enables learners to balance their studies with work commitments effectively.
The QualCert Level 6 Diploma in Healthcare Financial Management is a smart investment for anyone aiming to excel in healthcare finance. It provides the specialised knowledge, practical skills, and professional recognition needed to lead financial functions within the healthcare sector. As healthcare organisations face ongoing financial pressures and regulatory challenges, this qualification will help you stay ahead and make a significant impact.
Course Contents of QualCert Level 6 Diploma in Healthcare Financial Management:
The QualCert Level 6 Diploma in Healthcare Financial Management consists of a structured set of study units designed to provide learners with in-depth and comprehensive knowledge. The qualification includes a total of 1200 Total Qualification Time (TQT), 600 Guided Learning Hours (GLH), and awards 120 credits.
| Unit Ref# | Unit Title | Credits | GLH | TQT |
| QC28072- 1 | Strategic Financial Management in Healthcare | 20 | 100 | 200 |
| QC28072-2 | Healthcare Budgeting and Resource Allocation | 20 | 100 | 200 |
| QC28072-3 | Financial Risk Management in Healthcare | 20 | 100 | 200 |
| QC28072-4 | Audit, Compliance and Governance in Healthcare Finance | 20 | 100 | 200 |
| QC28072-5 | Economic Evaluation and Cost-Benefit Analysis in Healthcare | 20 | 100 | 200 |
| QC28072-6 | Legal, Ethical and Regulatory Frameworks in Healthcare Finance | 20 | 100 | 200 |
Entry requirements for the QualCert Level 6 Diploma in Healthcare Financial Management :
Minimum Age
- Applicants must be at least 19 years old at the time of enrolment.
Educational Background
Applicants should meet one or more of the following criteria:
- Hold a Level 5 qualification in finance, accounting, healthcare management, or a related field
- Possess a Higher National Diploma (HND), Foundation Degree, or equivalent qualification
- Have a Bachelor’s degree in finance, business administration, healthcare, or related discipline
- Hold an international qualification equivalent to the above, subject to evaluation
Work Experience
- Preferably, applicants have 1–2 years of relevant experience in healthcare finance, accounting, or financial management roles
- Candidates without direct experience but with strong academic qualifications may also be considered
Language Proficiency
Applicants must demonstrate English language proficiency through one of the following:
- IELTS Academic with an overall score of 6.0 and no band less than 5.5
- TOEFL iBT score of 79 or higher
- PTE Academic score of 50 or above
- Cambridge English B2 First (FCE) with Grade C or higher
- Proof of prior education conducted in English (subject to review)
Learning outcomes for the QualCert Level 6 Diploma in Healthcare Financial Management:
Strategic Financial Management in Healthcare
- Understand the role of financial strategy within healthcare organisations
- Analyse how financial management supports healthcare delivery and sustainability
- Develop strategic financial plans aligned with organisational goals
- Evaluate financial performance using key performance indicators (KPIs)
- Apply principles of financial leadership in healthcare settings
- Examine international standards and frameworks for healthcare financial management
Healthcare Budgeting and Resource Allocation
- Understand budgeting processes specific to healthcare organisations
- Develop and manage operating and capital budgets
- Apply resource allocation techniques to optimise healthcare service delivery
- Analyse budget variances and implement corrective actions
- Utilise cost control methods while maintaining quality of care
- Explore public sector budgeting models and funding mechanisms
Financial Risk Management in Healthcare
- Identify and assess financial risks in healthcare organisations
- Develop risk mitigation strategies and contingency plans
- Understand insurance and liability considerations in healthcare finance
- Apply financial modelling and forecasting techniques
- Manage risks related to investment and capital projects in healthcare
- Use financial data to support risk-based decision making
Audit, Compliance and Governance in Healthcare Finance
- Understand the principles of audit and internal controls in healthcare finance
- Evaluate compliance with healthcare financial regulations and standards
- Develop frameworks for financial governance and accountability
- Conduct financial audits and interpret audit findings
- Explore the role of regulators and external auditors in healthcare
- Promote transparency and ethical financial practices
Economic Evaluation and Cost-Benefit Analysis in Healthcare
- Apply economic evaluation techniques to healthcare projects and programmes
- Conduct cost-effectiveness, cost-utility, and cost-benefit analyses
- Interpret health economic data for decision making
- Understand the impact of financial decisions on patient outcomes and service efficiency
- Develop proposals based on economic evidence
- Use economic tools to prioritise healthcare investments
Legal, Ethical and Regulatory Frameworks in Healthcare Finance
- Understand legal frameworks impacting healthcare financial management
- Evaluate ethical issues related to financial decision making in healthcare
- Analyse regulatory requirements affecting healthcare finance (e.g., NHS regulations, GDPR)
- Manage confidentiality and data protection in financial transactions
- Assess compliance with healthcare procurement and funding legislation
- Develop policies that ensure legal and ethical compliance in financial management
This course is designed for professionals seeking to develop specialised financial management skills within the healthcare sector. It is suitable for:
- Finance managers and officers working in healthcare organisations
- Healthcare administrators aiming to gain financial expertise
- Accountants and auditors specialising or wishing to specialise in healthcare finance
- Graduates in finance, accounting, healthcare management, or related fields seeking a sector-specific qualification
- Professionals looking to advance into senior financial roles within healthcare settings
- International professionals wishing to align their skills with UK healthcare financial management standards
- Individuals aspiring to lead financial planning, budgeting, and governance in hospitals, clinics, public health bodies, and care providers