Question

• What roles have you played in public health finance, and/or what situations have you experienced in which public health finance played a role? For example, you might describe one of the following:
  • How you created a budget for your department, project, or program
  • The role you played in your organization during a merger
  • How you've kept up to date with ever-changing financial technologies
• If you have not worked in a public health role yet, describe skills you have used elsewhere that you believe you can transfer to public health finance.

Answer 1

I have not worked in a public health role yet. so i would like to describe skills i have used elsewhere that i believe anyone can transfer to public health finance.

I am describing below the skill set i have used (when i was an intern) for environmental financing in a corporate and link it with the public health finance.

1) Study of available data - I have acquired all the data relating to environmental structure of that organization to understand the existing resources and required resources and changes in the process. So, in the same way regarding public health finance, the data regarding the program shall be collected and analysed. so that the planning of future activities and necessity of resources could be estimated.

2) Additional information - If needed, other additional information shall also be collected. Research is preferred in many of this situations. research of how adequate existing resources are? how much health resources needed additionally? For how long it is to continue for effectiveness?

3) Planning - After deciding about what activities that should be performed in the public health program. the planning shall be done for the schedule of activities and the resources that are required at specific schedules as planned.

4) Acquisition - One of the most important role in financing is acquisition. I have planned the acquiring strategy for the environmental program planned in the organization. so at the same way, for public health financing also, the acquisition strategy shall be perfectly framed to acquire the resources that are required for the program. A good strategy is comparing all the available alternatives of those resources and choosing which alternative is best in both qualitative and price aspects.

5) Utilization - The next key aspect is utilizing the resources. so here, as per the pre-planned schedules, we utilize these resources in an effective way and reduce any loss/wastage of the resources.

6) Monitoring - Once the financing begins, regular monitoring shall be done for the public health finance activities that are being carried. and any changes that are necessary as per the real time situations should be brought in the planned program.

7) Additional Funding - In case the planned resources were insufficient for the program, the funding shall be extended and additional finance shall be brought into the program for the effective functioning of program.