NUR-621 Principles of health Care Financial Management Course Assignments & Examples Study Guide
NUR-621 Principles of health Care Financial Management Course Description
In this course, learners study principles of health care financial management and the role of fiscal responsibility within health care organizations. Along with an overview of operational budgets, learners delve into the key aspects of the economic drivers and financial requirements impacting organizations, including the financial demands and implications of specific health care delivery models, efficient staffing models, and the management of operational expenses. Learners examine the challenges of aligning key financial performance indicators with safety and quality measures as required in the evolving health care industry. Prerequisite: NUR-590.
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NUR 621 Principles of Health Care Financial Management Week 1 to 8 – Entire
Description
NUR 621 Week 1 Assignment, Operational Budget Presentation
NUR 621 Topic 1 DQ 1 and 2
NUR621 Week 2 Assignment, Health Care Reimbursement Training Plan
NUR621 Week 2 Assignment, Economic Theories and Models in Health Care
NUR_621 Topic 2 DQ 1 and 2
NUR_621 Week 3 Assignment, Delivery Models Essay
NUR621 Topic 3 DQ 1 and 2
NUR621 Week 4 Assignment, Implementing Meaning Use
NUR_621 Topic 4 DQ 1 and 2
NUR_621 Week 5 Assignment, Quality Improvement in Nursing
NUR621 Topic 5 DQ 1 and 2
NUR621 Week 6 Assignment, Value-Based Purchasing Presentation
NUR_621 Topic 6 DQ 1 and 2
NUR_621 Week 7 Assignment, Staffing Models Presentation 2
NUR621 Week 7 Assignment, Staffing Models Presentation 1
NUR621 Topic 7 DQ 1 and 2
NUR_621 Week 8 Assignment, Staffing Matrix, and Reflection
NUR 621 Topic 8 DQ 1 and 2
NUR 621 Week 1 Assignment, Operational Budget Presentation
NUR 621 GCU Operational Budget Presentation
You can also read another study guide on nursing assignments for students from another post on NUR-630 Performance Improvement and Quality in Health Care Course Assignments & Examples.
Operational Budget Presentation |
The purpose of this assignment is to create an operational budget presentation identifying key components of budgeting and possible capital purchases that may be required.
Scenario: You have been asked to create an operational budget for a 20-bed nursing unit and present it to the senior leaders of your organization.
Create a presentation of 10-12 slides, including comprehensive speaker notes that detail the budget.
- Provide the key components of budgeting, including the cost of staff, activities, services, and supplies.
- Identify and describe a relevant capital purchase this unit may require, including the need, the return on investment, benefits, etc.
Use at least three references, including your textbook.
While APA style is not required for the body of this assignment, solid academic writing is expected, and documentation of sources should be presented using APA formatting guidelines, which can be found in the APA Style Guide, located in the Student Success Center.
This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.
You are required to submit this assignment to LopesWrite. Refer to the LopesWrite Technical Support articles for assistance.
NUR621 Week 2 Assignment, Health Care Reimbursement Training Plan
NUR 621 Health Care Reimbursement Training Plan Discussion
NUR-621 Health Care Reimbursement Training Plan
Scenario: You are an administrator at a health care facility providing a training session for new employees.
Directions: Create a training plan using the “NUR-621 Health Care Reimbursement Training Plan” template provided that describes how Medicare, Medicaid, and private insurance reimburse health care organizations for their services.
Include two to three references, including your textbook.
This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.
“Policy Diffusion in Polarized Times: The Case of the Affordable Care Act,” by Volden, from Journal of Health Politics, Policy & Law (2017).
| Name
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| Unit/Subject
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Health Care Reimbursement Training |
| Training Summary and Focus | In two to three sentences, summarize the training, identifying the central focus based on the content and skills you would like trainees to learn.
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| Specific Learning Target(s)/Objectives | Learning objectives are designed to identify what the trainer intends to measure in learning. Identify at least two objectives for the training. Detail how you would explainto your trainees how Medicare, Medicaid, and private insurance reimburse healthcare organizations.
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| Training Outline | Outline your training that covers how Medicare, Medicaid, and private insurance reimburse healthcare organizations for their services. |
| Resources, Materials, Equipment, and Technology | List all resources, materials, equipment, and technology you and the employees will use during the training.
|
| References |
NUR 621 Week 2 Assignment, Economic Theories and Models in Health Care
NUR-621 Economic Theories and Models in Health Care
The purpose of this assignment is to describe economic theories and models in healthcare. Include your responses in the worksheet listed below and base your responses on evidence. Include references to your textbook and one scholarly article. The four theories/models are listed below.
Your responses should be based on evidence. Include references to your textbook and one scholarly article.
While APA style is not required for the body of this assignment, solid academic writing is expected, and documentation of sources should be presented using APA formatting guidelines, which can be found in the APA Style Guide, located in the Student Success Center.
You are required to submit this assignment to LopesWrite. Refer to the LopesWrite Technical Support articles for assistance.
Theories/Models |
Description/Definition | Example Related to Health Care | Components |
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References:
Penner, S. J. (2017). Economics and Financial Management for Nurses and Nurse Leaders. 3rd ed. Springer Publishing Co.
Ouliaris, S. (2011). What are economic models?: Finance and development. Finance & Development, 48(2), 46-47. Retrieved from
https://lopes.idm.oclc.org/login?url=https://www.proquest.com/trade-journals/what-are-economic-
models/docview/872364973/se-2?accountid=7374
NUR 621 Week 3 Assignment, Delivery Models Essay
NUR 621 Grand Canyon University Delivery Models in Health Care Essay
Delivery Models Essay |
Write a 1,250-1,500-word essay about delivery models in health care. Include the following in your essay:
- Address the triple aim as it relates to population health management and delivery models.
- Discuss current trends in health care delivery models.
- Describe how quality and safety impact delivery models in health care.
Include at least three peer-reviewed/academic references in your essay, including the HealthyPeople website.
Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.
This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.
You are required to submit this assignment to LopesWrite. Refer to the LopesWrite Technical Support articles for assistance.
Explore the HealthyPeople.gov website from the U.S. Department of Health and Human Services Office of Disease Prevention and Health Promotion in preparation of the “Delivery Models Essay” assignment.
https://www.healthypeople.gov/
NUR 621 Week 4 Assignment, Implementing Meaning Use
Description
Write a 1,200-1,500-word essay describing the electronic health records incentive programs, also known as meaningful use. It offers financial incentives and was designed to improve quality, safety, and efficiency of care through the use of electronic health records.
- Describe the three stages of meaningful use and their measures.
- Explain the challenges and barriers faced by facilities in implementing each stage of meaningful use.
Include three to five references, including your textbook.
Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.
This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.
You are required to submit this assignment to LopesWrite. Refer to the LopesWrite Technical Support articles for assistance.
NUR 621 Week 5 Assignment, Quality Improvement in Nursing
NUR 621 Grand Canyon University Week 5 Patients Quality Improvement Essay
Quality Improvement Essay |
Write a 1,250-1,500-word essay about quality improvement. Include the following points in your essay:
- Describe which accrediting body would be most appropriate for your health care organization.
- Summarize the requirements to obtain accreditation.
- Based on your research and experience, what performance or quality metrics could you focus on for a quality improvement project to present to the accrediting body?
- How does the quality performance financially impact the organization?
Include at least three references, including the textbook.
Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is required.
This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.
You are required to submit this assignment to LopesWrite. Refer to the LopesWrite Technical Support articles for assistance.
NUR 621 Week 6 Assignment, Value-Based Purchasing Presentation
NUR 621 Grand Canyon University Week 6 Value-Based Purchasing Presentation
Value-Based Purchasing Presentation |
Scenario: You work for the contracting department for a national payer that is working to convert its provider contracts to value-based arrangements. Your team is approaching large physician groups for recontracting. Develop a 12-15-slide presentation with speaker notes to show the value of converting to a value-based arrangement:
- Explain value-based care.
- Explain how value-based care differs from a fee-for-service or a capitated approach.
- Describe why adopting a value-based purchasing arrangement would be financially advantageous for the physician groups and to the health plan.
Include at least three references, including your textbook.
Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.
This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.
You are required to submit this assignment to LopesWrite. Refer to the LopesWrite Technical Support articles for assistance.
TEXT BOOK
Economics and Financial Management for Nurses and Nurse Leaders
Penner, S. J. (2017). Economics and financial management for nurses and nurse leaders (3rd ed.). New York, NY: Springer Publishing. ISBN-13: 9780826160010
URL:
NUR 621 Week 7 Assignment, Staffing Models Presentation 1
NUR 621 Grand Canyon University W 7 Appropriate Staffing Model Presentation
Staffing Models Presentation
Select an appropriate staffing model for a 30-bed skilled nursing facility or acute inpatient unit.
Create a presentation of 10 to 12 slides, including comprehensive speaker notes to recommend your selected model to nursing leadership and the following information:
- A description of the staffing model chosen for a 30-bed skilled nursing facility or acute inpatient unit
- A description of the quality metrics and other data that was used to determine the most appropriate staffing model
- A description of the budgetary implications of implementing the staffing model
- A plan for continuous monitoring to ensure the effectiveness and efficiency of the chosen staffing model
Include three to five peer-reviewed references in your presentation, including the textbook.
While APA style is not required for the body of this assignment, solid academic writing is expected, and documentation of sources should be presented using APA formatting guidelines, which can be found in the APA Style Guide, located in the Student Success Center.
This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.
You are required to submit this assignment to LopesWrite.
NUR 621 Week 8 Assignment, Staffing Matrix, and Reflection
NUR 621 Grand Canyon University W8 Benchmark Staffing Matrix
Benchmark – Staffing Matrix and Reflection
The purpose of this assignment is to prepare students to make staffing decisions based on sound financial management principles and compliance guidelines.
Scenario: You are the nurse leader of a 30-bed medical surgical unit and have to account for all staffing, including any discrepancies. Using sound financial management principles, complete the “NUR-621 Topic 8: Staffing Matrix” in the provided excel template.
After completing the matrix, compose an 1,000-1,250-word reflection answering the following questions:
- Why is it important to use a staffing matrix in your health care setting?
- Briefly describe your staffing matrix. How many FTEs (full-time equivalent) on the staffing roster are required to cover daily needs? What units of services or work measurement did you use and why? What financial management principles did you use to determine your staffing matrix?
- Explain how you adjusted your staffing based on changes in the patient census.
- You receive your financial report for the month. You have used more FTEs than what was budgeted for your census. How will you make up the variance? How would you reallocate resources to make up for the variance and still comply with guidelines?
Include two to four peer-reviewed references in your essay, including the textbook.
Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.
This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.
You are required to submit this assignment to LopesWrite. Refer to the LopesWrite Technical Support articles for assistance.
Benchmark Information
This benchmark assignment assesses the following programmatic competencies:
MSN Leadership in Health Care Systems
6.4: Apply sound financial management principles to allocate resources within health care organizations.
NUR 621 GCU Educating Staff Members Discussion
TOPIC 8 DQ 1
You find that your staff is not aware of the budgeted staffing model for their nursing unit. How would you go about educating/informing your staff? What would the most important factors to address?
200 + words
At lease 2 references within 5 years
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