Description
This course addresses the business and economic principles and practices utilized by the nurse administrator. The concepts studied include health care financing, budgeting, cost/benefit analysis, variance analysis and marketing. Additional topics include oversight and accountability based on an ethical framework.
Instruction Modes
In-Person On-Campus
Grade Modes
Pass/Fail (P)
Department(s)
College/School
School of Nursing
Start Term
Fall 2023 Semester
Objective
1. Explain the technology available to nurse leaders involved in healthcare finance.
Objective
2. Explore evidence-based financial principles and strategies related to health care budgeting.
Objective
3. Examine the impact of finance in assuring cost effective health care.
Objective
4. Utilize financial concepts to develop organizational plan to promote quality and safety outcomes.
Objective
5. Utilize the principles of finance in collaboration with other departments of the organization to optimize care.
Objective
6. Evaluate factors related to cost, strategic management, and quality of care that affect social justice and health care quality.
Objective
7. Propose a budget reflecting all financial elements in the provision of equitable health care.
Objective
8. Develop a budget reflecting the key financial elements in the provision of healthcare.