Finance for Medical Professionals

Financial insight for better healthcare leadership

Strong clinical leadership increasingly requires financial awareness. Whether you are overseeing a service, managing a departmental budget, running a practice, or contributing to wider organisational decisions, understanding finance is essential to delivering sustainable, high-quality care.

This two-day programme, led by Prof Pawel Bilinski, is designed for medical professionals who want a practical, accessible introduction to finance and accounting in a healthcare context. It provides the tools to interpret financial information, understand the pressures that shape financial performance, and make more informed decisions about resources, investment, and service delivery.

Rather than treating finance as a technical specialism, the programme shows how financial thinking supports better judgement across healthcare settings.

What you will gain

This programme will help you to:

• understand the financial information used to assess the performance of practices, departments, and healthcare organisations
• build confidence in using financial data to support planning and decision-making
• recognise the relationship between cost, activity, investment, and sustainability in healthcare
• distinguish clearly between profit, cash flow, and financial viability
• contribute more effectively to discussions around budgeting, expansion, procurement, and operational priorities
• evaluate financial risks and opportunities with greater confidence

Who should attend?

The programme is suitable for:

• doctors and clinicians with leadership or management responsibilities
• hospital consultants and clinical directors
• healthcare administrators and service leads
• private practitioners
• medical professionals involved in budgets, planning, or organisational decision-making

No prior background in finance is required.

Why it matters

Healthcare professionals are often asked to make decisions with financial consequences, even if they have never received formal financial training. A stronger grasp of finance can help you:

• make better use of limited resources
• understand the financial implications of operational and clinical choices
• engage more confidently with finance teams, executives, insurers, and external stakeholders
• support long-term resilience and sustainability in healthcare delivery

Organisational value

For hospitals, clinics, and medical practices, the programme supports the development of professionals who can:

• combine clinical understanding with stronger financial judgement
• take a more informed approach to resource allocation and cost management
• contribute to more robust business cases and investment decisions
• work more effectively across clinical, operational, and financial teams
• help align financial sustainability with patient care priorities

Learning approach

Teaching is practical, applied, and highly interactive. Participants learn through a mix of discussion, case-based teaching, exercises, and group work, with a clear focus on real-world healthcare challenges.

Programme content

Understanding financial information in healthcare
The first part of the programme introduces the foundations of finance and accounting from the perspective of a medical professional. You will learn how financial statements work, what key financial terms mean, and how to interpret financial information relevant to healthcare organisations and medical practice.

Analysing performance and sustainability
The second part focuses on the factors that drive financial performance in healthcare. You will examine how revenue, cost structures, investment, and operational choices shape organisational outcomes and long-term sustainability.

Making better financial decisions
The final part explores how financial thinking can inform better decision-making. You will consider topics such as cost management, investment choices, and resource allocation, and learn how to assess trade-offs in a structured and informed way.

Key information

Dates

26–27 June 2026 | 09:00–17:00 GMT
18–19 September 2026 | 09:00–17:00 GMT

Duration: 2 days
Format: In person
Fee: £1,995 (no VAT charged)
Academic lead: Prof Pawel Bilinski