Financial Responsibility by Madison Beecher https://padlet.com/madison_beecher72/hwrabd2dqbth Made with wonder en-us 2018-11-19 01:03:16 UTC 2023-05-22 16:13:11 UTC hello@padlet.com Financial responsibilities of nursing management madison_beecher72 https://padlet.com/madison_beecher72/hwrabd2dqbth/wish/305750778 The role of finances in terms of nursing management includes developing an operating budget as well as a long term capital expenditure plan. This can be eased by applying business models and applying fundamental concepts of economics. ]]> 2018-11-19 02:10:03 UTC https://padlet.com/madison_beecher72/hwrabd2dqbth/wish/305750778 What finances does management oversee? madison_beecher72 https://padlet.com/madison_beecher72/hwrabd2dqbth/wish/305752102 Management is responsible for ensuring accurate charging of patient care mechanisms such as dressing changes. Education also plays a role in terms of informing nurses on the financial implications of patient care decisions. This involves working with case management to devise a plan to cover the costs of treatment. ]]> 2018-11-19 02:18:11 UTC https://padlet.com/madison_beecher72/hwrabd2dqbth/wish/305752102 Nurses role in finances madison_beecher72 https://padlet.com/madison_beecher72/hwrabd2dqbth/wish/305756672 Overall, nursing management plays a more substantial role in allocating financial resources; however, nurses play an important role as well. Nurses can offer information on copay assistance programs. ]]> 2018-11-19 02:50:37 UTC https://padlet.com/madison_beecher72/hwrabd2dqbth/wish/305756672 Patient's financial issues madison_beecher72 https://padlet.com/madison_beecher72/hwrabd2dqbth/wish/305761059 Nurses can help relieve patient's and family's  of their financial distress. Financial distress is caused by: high out of pocket costs, loss of work -related income and accumulates debts. Long term patient stays can be costly, but there are resources available to not break the bank.

]]> 2018-11-19 03:18:39 UTC https://padlet.com/madison_beecher72/hwrabd2dqbth/wish/305761059 Financial education madison_beecher72 https://padlet.com/madison_beecher72/hwrabd2dqbth/wish/305764011 In order to understand the multifaceted functioning of a hospital and accurately patient questions on finances proper education is necessary. Clinical nurses should be educated on the basic structure of accounting and financial statements as well as the application of financial management in hospitals.]]> 2018-11-19 03:39:27 UTC https://padlet.com/madison_beecher72/hwrabd2dqbth/wish/305764011 Its more than money madison_beecher72 https://padlet.com/madison_beecher72/hwrabd2dqbth/wish/305766148 Other than providing information on what resources are out there the main role of the floor nurse is to demonstrate comfort to the ill and anxious patient. It is okay for the nurses to not have all the answers in regards to finances, it is more important to provide a strong support network.]]> 2018-11-19 03:54:19 UTC https://padlet.com/madison_beecher72/hwrabd2dqbth/wish/305766148 Management roles: madison_beecher72 https://padlet.com/madison_beecher72/hwrabd2dqbth/wish/305769692 - share financial expectations with staff so they are aware of financial goals 
- ensure staffing costs remain within the budgeted amounts 
- maintenance of operating and physical plant costs 
- ensure the staff has access to necessary equipment and supplies 
 * make sure staff knows how to effectively use such equipment ]]> 2018-11-19 04:21:12 UTC https://padlet.com/madison_beecher72/hwrabd2dqbth/wish/305769692 Resources madison_beecher72 https://padlet.com/madison_beecher72/hwrabd2dqbth/wish/305770826 AHRQ. (2012). Financial responsibility. CUSP tool kit role of nursing manager. 
Christensen, D. (2017). Help your patients find financial resources. ONS Voice, 32(1), 20. 
Hayden, S. (2016). Is your hospital hemorrhaging human and financial resources?: A preliminary look at lateral   and vertical violence in nursing. Nevada RNformation, 25(1),15.
Lim, J. Y., & Noh, W. (2015). Key components of financial-analysis education for clinical nurses. Nursing &   Health Sciences, 17(3), 293–298.
Miller, H. H. (2013). Financial support and resources are essential to cancer care. Oncology Nurse Advisor, 4(1),   49–51. 
Waxman, K., & Massarweh, L. J. (2018). Talking the Talk: Financial Skills for Nurse Leaders. Nurse Leader,   16(2), 101–106.
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