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Himanshu Kulshreshtha
Himanshu KulshreshthaElite Author
Asked: May 28, 20242024-05-28T11:04:47+05:30 2024-05-28T11:04:47+05:30In: Maternal and Child Health Nursing

Explain management of finance at sub Centre level. Support your answer with examples.

Explain management of finance at sub Centre level. Support your answer with examples.

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    1. Himanshu Kulshreshtha Elite Author
      2024-05-28T11:05:13+05:30Added an answer on May 28, 2024 at 11:05 am

      At the sub-center level in healthcare systems, effective management of finances is crucial for ensuring the delivery of essential health services to the community. Here's how finance is managed at the sub-center level, along with examples:

      1. Budgeting: Sub-centers develop annual budgets outlining planned expenditures for various activities such as salaries, medicines, supplies, and maintenance. Budgets are based on anticipated needs, historical expenditure patterns, and available funds.

        Example: A sub-center in a rural area prepares its annual budget, allocating funds for staff salaries, vaccines, essential medicines, medical supplies, and operational expenses. The budget is approved by the district health authority and serves as a guide for resource allocation throughout the year.

      2. Financial Reporting: Sub-centers maintain accurate financial records and prepare regular reports on income, expenditures, and budget variances. These reports provide transparency and accountability, allowing for monitoring of financial performance.

        Example: The sub-center treasurer prepares monthly financial reports detailing income sources (e.g., government grants, user fees) and expenditures (e.g., salaries, medicines). The reports are reviewed by the sub-center in-charge and shared with district health officials for oversight and decision-making.

      3. Resource Mobilization: Sub-centers may engage in resource mobilization efforts to supplement government funding and meet additional needs. This may involve soliciting donations, seeking grants, or leveraging partnerships with local organizations or businesses.

        Example: A sub-center collaborates with a nearby NGO to secure funding for a community health education program on maternal and child health. The NGO provides financial support for materials, training, and outreach activities, complementing government resources.

      4. Financial Management Training: Health workers at the sub-center receive training on financial management principles and practices to enhance their capacity in handling finances effectively and responsibly.

        Example: The district health department conducts training workshops for sub-center staff on budgeting, financial reporting, and accountability procedures. Staff learn how to prepare budgets, manage funds, and maintain accurate records in compliance with government regulations.

      5. Efficient Procurement and Inventory Management: Sub-centers procure medicines, supplies, and equipment efficiently to optimize resources and ensure availability of essential commodities for service delivery.

        Example: The sub-center pharmacist monitors medicine stock levels regularly and orders replenishments as needed to prevent stockouts and wastage. Inventory management systems are put in place to track supplies, minimize losses, and reduce costs.

      By implementing these financial management practices, sub-centers can optimize resource utilization, enhance service delivery, and contribute to improved health outcomes in the community.

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