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learning outcome:
After completing the module, you should be able to: 1. Explore and evaluate the legal, financial, regulatory and structural environment under which health and social care services are provided. 2. Understand and explain the importance of governance and accountability and the manner in which financial aspects of health and social care services are managed and communicated to a range of stakeholders. 3. Produce, present and communicate budgets and product and service costs and make decisions based on sound financial and management accounting theory and practice. 4. Reflect on and demonstrate awareness of, the impact of financial constraints, costs and budgets on health and social care service managers, their clients and other stakeholders.
The guide for this assigment Question 1: (a) Analyse the recent developments with
regards to the legal, financial and regulatory
environment of health and social care.
LO1. Explore and evaluate
the legal, financial, regulatory
and structural environment
under which health and social
care services are provided.
To meet learning outcome 1 and 2, the student will need
to provide the following:
To identify and explain the current legal, financial and
regulatory environment of health and social care.
(b) Discuss the usefulness of alternative funding
options such as Private Finance Initiatives (PFI),
resources, financial aspects of agency
partnerships, competition, pricing, tendering and
outsourcing in the health and social care sector.
Understand and explain
the importance of governance
and accountability and the
manner in which financial
aspects of health and social
care services are managed
and communicated to a range
of stakeholders.
To explain alternative funding options includes Private
Finance Initiatives (PFI) and to consider the available
resources, financial aspects of agency partnerships,
competition, pricing, tendering and outsourcing
opportunities in the health and social care sector.
Identify Key stakeholders for the UK healthcare sector;
The government, taxpayers, service users, regulatory
bodies and the ways of communication with a range of
stakeholders.
Good understanding of the corporate governance,
accountability and agency issues related to the healthcare
industry.
(c) Identify the key stakeholders within the
social care sector and explain the ways of
communication with the stakeholders. Discuss
the agency theory, corporate governance and
accountability issues within the sector.
To achieve higher marks, students will provide evidence
of an excellent understanding and full details of the
Health and Social Care environment, governance and
accountability and provide evidence of insightful
assessment and creative recommendations presented in a
concise and organised assignment.
q2 (a) Determine the break-even capacity usage rate
for ABC Care Home ltd.
Produce, present and
communicate budgets and
product and service costs and
make decisions based on
sound financial and
management accounting
theory and practice.
Understand and Calculate Contribution per unit
(b) Calculate the targeted profit if the care home
achieves 90% and 95% capacity usage.
Determine the Break-Even Capacity Usage rate for as
business
Calculate the targeted profit at different level of capacity
Explain how the breakeven analysis could be
used in short-term and long-term decision-
making.
please I would need to answer two question, thank you.

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