Overview of domain 3
Domain 3 helps you assess the financial requirements of their IPN management programme, covering budget and impact, cost-effectiveness, return on investment and the financial implications for service users.
Why financial planning matters
IPN management programmes cannot function without robust financing and long-term budgets. Understanding potential costs at the design stage supports realistic budgeting, helps to anticipate financial risk and makes it easier to ensure the programme is sustainable for the health system. Financial planning also helps to build the case for investment, which in turn helps to secure the funding needed to make IPN management programmes available to those who need them.
What this domain covers
Domain 3 guides you through:
Budget requirements
- Build a comprehensive budget for the programme, including any additional costs of running the service.
- Conduct an economic evaluation to understand the programme’s cost-effectiveness.
Programme financing
- Identify sources of funding for the programme, including existing funding elsewhere in the health system, and plan ahead to ensure sustainability.
- Plan how to engage decision-makers to secure funding, and use health system data to build a return-on-investment case for the programme.
- Outline the reimbursement and/or coverage parameters for the programme.
Resources
Using data from your health system to demonstrate the need for an IPN management programme
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