MSN financial management
Assignment:
Within the clinical healthcare environment, human, material, and financial resources can impact the delivery of safe, high-quality, person-centered care. As a result, efficient management of resources is a crucial aspect of advanced nursing practice within the clinical environment. Responsible use and management of financial resources is essential as revenue streams and reimbursement guidelines continue to change. The purpose of this assignment is to analyze the expense and revenue associated with the proposed MSN project, and variables which may impact the fiscal aspect of this initiative. Discussion will be included to forecast strategies to manage fiscal variances which may occur with the MSN project.
COURSE LEARNING OUTCOMES
Through this assignment, the student will address the following course learning outcomes:
• CO 2: Determine competencies for planning, monitoring, and evaluating resources that ensure safe, quality person-centered care. (PO 1)
• CO 3: Identify the impact of cultural and ethical awareness in management of resources at the unit level. (PO 3)
SUGGESTED DUE DATE
This assignment has a suggested due date of Sunday 11:59 pm MT at the end of week 6.
Final due date is Sunday 11:59 pm MT at the end of Week 7.
TOTAL POINTS POSSIBLE: 200 POINTS
ASSIGNMENT OVERVIEW
Review the fiscal implications of your proposed MSN project. Identify expenses associated with the project, any revenue which may be realized, and future cost savings which may be intended. Explore the variables which may impact the financial aspect of your project, and consider strategies to address variance which may occur.