Financial management policies
Having robust financial management policies is necessary to help reduce risk in practices. It is important that your policies help facilitate efficient financial management, risk mitigation and consistent record keeping, as well as establish clear lines of responsibility and expectations.
In our fifth live event, Senior Product Manager Anna-Maria Gibb delves into the Financial management policies.
- the definition of the policies
- the requirements to implement the policies
- what the financial management policies and procedures cover
- why the financial management policies and procedures are important
- related resources, policies and procedures.
About the expert
Senior Product Manager, PracticeHub
Anna-Maria Gibb is co-creator of MyPracticeManual, now PracticeHub. She is passionate about helping healthcare organisations run more efficiently and minimise risk using better business management systems and processes. Anna-Maria has a background in practice management and qualifications in business and adult education. She regularly presents on business systems and processes.
PracticeHub is a simpler, safer and more efficient way to manage a quality practice. We have developed our Practice Operations Software to simplify practice management, with a suite of integrated applications and complementary services that puts you in control so that nothing falls between the cracks.
Persons implementing any recommendations contained in this publication must exercise their own independent skill or judgment or seek appropriate professional advice relevant to their own particular practice. Compliance with any recommendations will not in any way guarantee discharge of the duty of care owed to patients and others coming into contact with the health professional or practice. Avant and PracticeHub are not responsible to you or anyone else for any loss suffered in connection with the use of this information. Information is only current at the date initially published. © Avant Mutual Group Limited 2021.