Transition Process between Grant Drawdown Cycles
Care Process & Redesign
Singapore Healthcare Management Congress
SingHealth
31 December 2021
Redesign the grant management process for PBST to facilitate smoother transitions between drawdown cycles. Clear administrative workflows minimize financial loss and improve operational efficiency.
Year Submitted: 2021
Published Date: 31 December 2021
Tags: Care Process ＆ Redesign, Quality Improvement, Workflow Redesign, Operational Management, Financial Management
About this Content
Aims
Redesign the grant management process for PBST to facilitate smoother transitions between drawdown cycles.
Background
Managing philanthropic-funded VIVA-KKH PBST activities posed documentation and audit challenges, especially during funding transitions.
Methods
Built in an additional 3 months with no funding into grant applications, overlapping with the next cycle to ensure vendor invoices were received and cleared.
Results
Reduced financial loss due to late invoices; saved $2K/year in administrative costs.
Conclusion
Clear administrative workflows minimize financial loss and improve operational efficiency.
Lessons Learnt
Structured timelines in grant applications enhance financial management and reduce operational risks.
Additional Information
SHM 2021 – Shortlisted Project (Finance Category)
Keywords
Philanthropic Funding, Grants Management
Innovators' Details
Innovators' Details
Healthcare Cluster(s) | SingHealth |
Organization(s) Involved | KK Women and Children Hospital |
Platform(s) | Singapore Healthcare Management Congress |
Healthcare Professional Group(s) | Healthcare Administration |
Applicable Specialty or Discipline | Healthcare Administrators |
Project Lead(s) | Tracy Tay |
Project Member(s) | Joyce Chun |
Connect with this contributor!
Tracy Tay - singaporehealthcaremanagement@singhealth.com.sg
Project Attachment
C540_KKH_SHM_2021_Transition_Process_between_Grant_drawdown_cycles.pdf