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Public health financial management competencies
Peggy A Honoré1, Julia F Costich
1Department of Community Health Sciences, College of Health, University of Southern Mississippi, Hattiesburg, MS 39406, USA. peggy.honore@usm.edu
Journal of Public Health Management and Practice : JPHMP
|April 28, 2009
Summary
A lack of financial management skills hinders public health finance progress. Identifying core competencies is crucial for professionalizing the workforce and improving decision-making in public health financial management.
Area of Science:
- Public Health
- Health Services Management
- Financial Management
Background:
- The field of public health finance faces challenges due to inadequate financial management competencies.
- This deficiency impedes workforce professionalization and effective financial decision-making.
Purpose of the Study:
- To identify essential financial management competencies for the public health sector.
- To establish a foundation for professional development and improved financial practices.
Main Methods:
- Convened a national expert committee to review existing standards.
- Aligned public health financial practices with national standards, including those for government chief financial officers.
- Identified and validated a comprehensive set of public health financial management competencies.
Main Results:
- A comprehensive set of public health financial management competencies was identified.
- These competencies provide a framework for defining roles, assessing performance, and identifying skill gaps.
- The identified competencies can guide career path development and educational program design.
Conclusions:
- Establishing clear financial management competencies is vital for advancing public health finance.
- These competencies support workforce professionalization, better decision-making, and targeted educational initiatives.
- The identified competencies serve as a foundational tool for improving financial management in public health.
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