Nr 533 week 3 Study guides, Class notes & Summaries

NR-533 Week 3 Discussion: Process of Budget Preparation NR 533 week 3 discussion After exploration of the types of budgets and the processes for their development at your institution. H ow and from whom is input into the budgets acquired and used? Where does control of the budget lie? What influence do unit and midlevel managers have on the various kinds of budgets? A budget allows a facility to have a fiscal plan for the year, and allows for management to look back and see where the high and lo...

After exploration of the types of budgets and the processes for their development at your institution. How and from whom is input into the budgets acquired and used? Where does control of the budget lie? What influence do unit and midlevel managers have on the various kinds of budgets?

NR 533 Week 8 Touchpoint Reflection: Finance, Budgets, and Business Plans – ‘Oh My!’ NR 533 Week 8 Touchpoint Reflection: Finance, Budgets, and Business Plans-“Oh my!” EXPERIENCE Prior to this course, I had minimal knowledge and skills in light of financial management and budgeting in implementation of organizational change and business plan. Today, I can confidently say that I have gained extensive knowledge in key areas of finance and budget management. I have registered a number of ...

EXPERIENCE This week's readings contained a great deal of information on financial and budgeting principles. Some of you may have had some familiarity with the concepts and maybe even experience in working with them. However, there is always something new to learn. Describe your prior experiences with financial and budgeting principles, whether personally or professionally. Include your current involvement in budgeting at your institution. REFLECTION What pre-conceived notions related to hea...

NR-533 Week 4 Discussion: Staffing Ratios Week 4: Staffing Ratios Staffing is one of the largest expenditures for healthcare organizations. It stands to reason that for some organizations a manda tory staffing ratio could negatively impact their financial bottom line. Sometimes ratios can be different within an organization based on acuity of patients or type of unit. Explore your own organization staffing ratio policy. What is/are the ratio(s) and how they are determined? What variables affect ...

Models of payment to healthcare organizations have begun to shift from paying for volume (fee for service) to paying for value (quality). Using a Venn Diagram, compare volume-based versus value-based reimbursement. Be sure the overlapping area contains the commonalities between the two systems.Use the editable template for the Venn Diagram, which is available for download above. This template (with your findings) will need to be posted as an attachment in your discussion post along with your wri...

Nr 533 week 4 lesson readings Week 4: Operational Budgets Prerequisites: Student Attestation, Course Pre-Assessment Required readings: • • Operational Budgets • Introduction • A major responsibility of the nurse manager or nurse executive is managing the operational budget. This week's lesson focuses on applying basic financial principles to develop the operational budget. The two major components of the operational budget, employee and nonemployee expenses, will b...

After exploration of the types of budgets and the processes for their development at your institution. How and from whom is … into the budgets … and … ? Where does control of the budget lie? What influence do unit and midlevel managers have on the various kinds of budgets?

Guidelines for Touchpoint Reflections A downloadable version of the guidelines, which includes further information, is available for access in the week 1 discussion thread. Reflection Information EXPERIENCE This week’s readings contained a great deal of information on financial and budgeting principles. Some of you may have had some familiarity with the concepts and maybe even experience in working with them. However, there is always something new to learn. Describe your prior expe...

Models of payment to healthcare organizations have begun to shift from paying for volume (fee for service) to paying for value (quality). Using a Venn Diagram, compare volume-based versus value-based reimbursement. Be sure the overlapping area contains the commonalities between the two systems.Use the editable template for the Venn Diagram, which is available for download above. This template (with your findings) will need to be posted as an attachment in your discussion post along with your wri...