Dollars, Cents, and Percents Oh My!  Business Side for Nurse Leaders

If you are a member of SC AHEC this course is free with an enrollment key which you may obtain from the AHEC contact person within your organization.  If you are purchasing this course the cost is $50.

Course Description: This program discusses quality measurement within performance evaluation. This includes types of measurements, standardized measure sources, measurement challenges, and principles of quality performance. Budgeting concepts for nurse leaders are reviewed and include concepts such as budgeting as a plan, spreadsheet, notes and financial system entry and management techniques. The presenter will discuss how to analyze the financial performance basics such as types of financial measures, common financial measures, what the Chief Financial Officer needs, charges versus revenues, and proxy metrics. Proxy metric include length of stay, re-admits, patient per month all costs, and projected savings versus actual savings.

Instructor: Philip A. Smeltzer PhD

Target Audience: Nurse leaders and other interested healthcare providers

Learning Outcomes: After completing this activity, the participant will be able to:

Discuss quality measurement within performance evaluation.

Review budgeting concepts.

Analyze the financial performance basics.

Length of Course: 105 minutes

Credit Statements:

Licensed Nurses:  Upstate AHEC is an accredited provider of Nursing Professional Development by the American Nurses Credentialing Centers Commission on Accreditation. Upon successful completion of this program, participants will receive 1.75 contact hours.

Others: This educational offering provides 0.175 CEUs ( 1.75 clock hours) by Upstate AHEC and meets SC AHEC Best Practice Standards.

Disclosure Statement:Upstate AHEC's conflict of interest policy requires faculty to disclose any real or apparent commercial financial affiliations related to the content of their presentations/materials.The speaker(s) has/have signed a vested interest form declaring no conflict of interest in educational activities.Provisions of this educational activity by Upstate AHEC does not imply endorsement by Upstate AHEC or ANCC of any commercial products displayed in conjunction with this activity.

The process for enrolling in AHECU courses has changed. Please go to www.upstateahec.org and click the blue AHECU/Distance Education block to register for online courses. There is a tutorial on the web site if you need assistance with the registration process.