Analyse the recent developments with regards to the legal, financial and regulatory environment of health and social care.

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.

 

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