Cost Accounting and Funding

Raymonde O'SullivanRaymonde O'Sullivan, Assistant Chief Financial Officer (ACFO)

The Community Finance (formerly Cost Accounting and Funding) function is responsible ensuring the HSE has in place a robust approach to costing services and cycles of care in order to fully inform commissioning of services and the objective allocation of resources.

Their role is to ensure that there is a better understanding of both the drivers and movements of HSE costs over the long term. This will allow better forecasting of future costs and improved supports for services.                                                                                                                                                                                                                                           

Services provided by the team include:

Costing Capacity and Costing Methodologies

Developing and implementing Costing Capacity and Costing Methodologies covering all areas of Pay, Non-Pay and Income.

Pay Cost Analytics and Resource Planning

Developing Pay Cost Analytics and Resource Planning to support the development of funded Workforce Plans (PNS).

Pay Foundation Programme

The Pay Foundation Programme (PFP) has been established to address some areas which exist outside the scope of both the Finance Reform Programme and National Integrated Staff Records & Pay Programme (NiSRP). Its primary goal is to enable better and more accurate costing, reporting, forecasting and planning of pay spend across the Health Service.

Strategic Community Costing Framework

Implementing a Strategic Community Costing Framework.

The Mission of the Community Costing Programme, as set out in Strategic Framework, is to develop a quality-driven approach to costing community services that delivers value by informing resource allocation and supporting improved patient outcomes.

The intention of implementing a Community Costing Programme is to provide comprehensive analysis of comparative costs, productivity, and outcomes associated with services delivered to ensure that the system is obtaining the greatest output for the resources invested. The introduction of a comprehensive approach to costing community services represents an important step in a broader shift to a more consistent, fairer and more transparent system of resource allocation.

Income Strategy

Developing an overall Income Strategy for the HSE to examine all current and potential Income Streams

System of Health Accounts

Delivering on System of Health Accounts (SHA) obligations.

SHA is an international standard for reporting expenditure on health and its financing devised by the Organisation for Economic Co-operation and Development (OECD).

Health Economics

Using Health Economics to achieve a better understanding of healthcare costs and cost drivers with particular reference to community based costs