(2) It should be noted that financial education, financial knowledge or literacy, and financial competency are distinct concepts.
(3) Much of the research and discussion on financial education makes the assumption that financial education can improve financial knowledge and that improved financial knowledge translates into financial competency.
We go beyond those standards and do separate audits of financial stability, delivery competencies and the like.
"My job is to offer very competitive rates and offer financial planning and competency".
The need of epidemiologists to simultaneously possess medical and microbiologic insights as well as analytic skills, knowledge on policy development, communication and cultural competency, financial planning and management skills (Birkhead and Koo 2006) underlines that an interdisciplinary approach towards modern epidemiology is needed.
Reasons for constraints to an optimal QPME in AM were given as (in this order): high work load, too much administrative work, organizational problems; inadequate payment, not enough relation to practice, insufficient AM competency of educators, lacking financial resources, and insufficient didactic competencies of educators were not very important reasons for constraints to an optimal QPME.
The panel discussions concluded that financial management capacities, including competencies in budgeting, planning, accounting, auditing, and monitoring and evaluation need to be reinforced at all operational levels of the health financing system.
The development of human resources for health financing concerns the strengthening of financial management skills, including competencies in health accounting, auditing, actuarial science, health economics, budgeting, planning, monitoring and evaluation [ 11].
Here, knowledge could be understood as correctly answering questions on financial knowledge questionnaires, and competency could be understood as acting out financial behaviors and making financial decisions in the real world.
