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14 pages
Medical Errors
In most parts of the world, the healthcare sector faces many challenges ranging from medical negligence, malpractices, saf ...
Medical Errors
In most parts of the world, the healthcare sector faces many challenges ranging from medical negligence, malpractices, safety issues, identification, ...
2 pages
Plan De Cuidado
4. Diagnóstico de enfermería en formato P.E.S Incremento del nivel de glucemia relacionado con la diabetes tipo I manif ...
Plan De Cuidado
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Rasmussen College Predicting Success of Proposed Innovations Research
Competency
Determine traits of successful innovators.
Scenario
You are considering returning to school to complete your MS ...
Rasmussen College Predicting Success of Proposed Innovations Research
Competency
Determine traits of successful innovators.
Scenario
You are considering returning to school to complete your MSN or DNP but are concerned about the amount of work. In your 1:1 meeting with your Manager you mention the desire to return to school for an advanced nursing degree and learn your Manager is currently working on completing a DNP in the Executive Leadership track. Currently, the Nurse Manager has enjoyed the courses completed but finds the current course a favorite, “Emerging Healthcare Innovations.” She suggests meeting for coffee and reviewing the most recent assignment to get an idea of the quality and quantity of work required to complete DNP coursework successfully. She supplies the guidelines for the current assignment and tells you to attempt the Assignment to get a feel for the workload involved in DNP level course work in three days.
Instructions
The Task contains descriptions for four innovations in healthcare accessed via these websites.
Archimedes Indigo
Watson for Genomics
mHealth, getwell network
Mazor Robotics
Based on your research regarding the innovators and proposed innovations, answer these questions in a Word document:
Predict which innovation will be successful in your local healthcare setting. (Tampa, FL)
Support the prediction with at least two reasons based on needs identified within your local healthcare organization and community.
Support the prediction based on at least two intrinsic and two extrinsic factors that impact successful innovation.
Describe the projected sustainability of the innovation you selected to be most successful.
Provide clearly stated, and detailed prediction which innovation will be successful including prediction supported with at least two reasons based on needs identified within local healthcare organization and community; two intrinsic and two extrinsic factors that impact successful innovation.
Clearly stated, a detailed description of the projected sustainability of the innovation predicted to be most successful.
6 pages
Health Safety And Nutrition
One of the goals of Healthy People 2020 is to: ensure that schools have one school nurse for every 750 students. ensure th ...
Health Safety And Nutrition
One of the goals of Healthy People 2020 is to: ensure that schools have one school nurse for every 750 students. ensure that all children have dental ...
Walden University description Sunnyside Nursing Home Paper
Learning ResourcesRequired ReadingsPenner, S. J. (2017). Economics and financial management for nurses and nurse leaders ( ...
Walden University description Sunnyside Nursing Home Paper
Learning ResourcesRequired ReadingsPenner, S. J. (2017). Economics and financial management for nurses and nurse leaders (3rd ed.). New York, NY: Springer Publishing.
Chapter 4, “Measuring Nursing Care” (pp. 85–110)Chapter 5, Reporting and Managing Budgets” (pp. 111–135)Healthcare Financial Management Association. (n.d.). Retrieved from http://www.hfma.org/Walden University. (2018). ASC software assistance: Microsoft Excel. Retrieved from https://academicguides.waldenu.edu/ASCsoftware/mso...Document: Week 4 Sunnyside Nursing Home Staffing Plan (Excel document)Document: Week 4 Assignment Template (PowerPoint)Required MediaLaureate Education, Inc. (Executive Producer). (2018). Calculating the budget variance [Video file]. Baltimore, MD: Author. Note: The approximate length of this media piece is 19 minutes.
Accessible player --Downloads--Download Video w/CCDownload AudioDownload TranscriptAssignment: Verifying the VarianceUnderstanding how to manage the operational budget to ensure the viability of the department and ultimately the financial success of the healthcare organization is a responsibility of healthcare managers. This week, you will analyze the operational budget of Sunnyside Nursing Home. Your analysis will include the impact of patient volume on revenue, staffing, and quality of care. New programs at the nursing home need a marketing plan to attract patients, as patient census and a steady volume improves the proportion of payroll costs year over year and secures jobs for the employees. You will have the opportunity to update Excel spreadsheets, fill in staffing data, and reflect on the financial outlook of Sunnyside. You will then develop a PowerPoint presentation to summarize your financial analysis and apply the concepts we have covered over this course. This Assignment will give you experience with managing a healthcare budget.Consider the following scenario: Sunnyside Nursing Home is an independent 200-bed nursing home in a community in southern New Jersey. The average daily census for the nursing home was 140 in 2015, 2016, and the first half of 2017. In late 2016, the nursing home became licensed to provide in-patient hospice services, which has been quite successful. In 2017, the nursing home started marketing their hospice services, with an average census of 10 patients and, in July 2017, finally saw an exponential increase in hospice utilization.The Assignment is composed of two parts, and both must be submitted. Be sure to submit the PowerPoint presentation as the first part and then upload the Excel spreadsheet as the second part of the Assignment.To Prepare:Review the Week 4 Sunnyside Nursing Home Staffing Plan provided in this week’s Learning ResourcesReview the Calculating the Budget Variance media piece in the Resources, as it may assist you in completing this part of the AssignmentReview each tab to analyze the financial situation in Sunnyside Nursing Home.2 West Staffing PlanReview the staffing plan and the Table of Terms to get familiar with the mechanics of variable staffingActual StaffingComplete the missing cells to determine the total varianceReview this tab and focus on the census and number of staff required. Think about the impact of using agency staff and overtime on the current staffTableComplete the Table to determine the impact on the budget due to the increase of hospice patientsHospiceReview this tab to determine the impact of adding the new hospice patients to 2 WestUse formulas or copy and paste as shown in the media to ensure accuracy as you complete the sheetsBased on the information and calculations derived in your spreadsheet, reflect on your findings as you prepare to develop a PowerPoint presentationDownload the Week 4 Assignment TemplateThe Assignment (9-slide PowerPoint Presentation):The Assignment Template provided can help guide you in creating this presentation. Please address the following in your presentation:Briefly describe Sunnyside Nursing Home from the information calculated in your completed spreadsheets.Differentiate between capacity, utilization, performance, and financial indicators utilized at Sunnyside Nursing Home.Summarize key variances (positive or negative) you uncovered during your analysis (data only) of Nursing Unit 2 West. Focus on the most significant variance items.What do you believe led to the variances you identified?Because certain line items in a budget are more controllable than others, what actions might you recommend to the Sunnyside Nursing Home administrator to help the healthcare manager manage the sudden and sustained increase in patient census in hospice patients? Is the increase in that patient population a financially sound investment for Sunnyside? Why or why not? (Review the Hospice tab on the spreadsheet for ideas.)What top three recommendations would you make as you conclude your presentation and why?Make sure to follow APA guidelines and support your presentation with references.By Day 7Submit your Presentation Template and Excel spreadsheet.
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Most Popular Content
14 pages
Medical Errors
In most parts of the world, the healthcare sector faces many challenges ranging from medical negligence, malpractices, saf ...
Medical Errors
In most parts of the world, the healthcare sector faces many challenges ranging from medical negligence, malpractices, safety issues, identification, ...
2 pages
Plan De Cuidado
4. Diagnóstico de enfermería en formato P.E.S Incremento del nivel de glucemia relacionado con la diabetes tipo I manif ...
Plan De Cuidado
4. Diagnóstico de enfermería en formato P.E.S Incremento del nivel de glucemia relacionado con la diabetes tipo I manifestado por la pérdida
Rasmussen College Predicting Success of Proposed Innovations Research
Competency
Determine traits of successful innovators.
Scenario
You are considering returning to school to complete your MS ...
Rasmussen College Predicting Success of Proposed Innovations Research
Competency
Determine traits of successful innovators.
Scenario
You are considering returning to school to complete your MSN or DNP but are concerned about the amount of work. In your 1:1 meeting with your Manager you mention the desire to return to school for an advanced nursing degree and learn your Manager is currently working on completing a DNP in the Executive Leadership track. Currently, the Nurse Manager has enjoyed the courses completed but finds the current course a favorite, “Emerging Healthcare Innovations.” She suggests meeting for coffee and reviewing the most recent assignment to get an idea of the quality and quantity of work required to complete DNP coursework successfully. She supplies the guidelines for the current assignment and tells you to attempt the Assignment to get a feel for the workload involved in DNP level course work in three days.
Instructions
The Task contains descriptions for four innovations in healthcare accessed via these websites.
Archimedes Indigo
Watson for Genomics
mHealth, getwell network
Mazor Robotics
Based on your research regarding the innovators and proposed innovations, answer these questions in a Word document:
Predict which innovation will be successful in your local healthcare setting. (Tampa, FL)
Support the prediction with at least two reasons based on needs identified within your local healthcare organization and community.
Support the prediction based on at least two intrinsic and two extrinsic factors that impact successful innovation.
Describe the projected sustainability of the innovation you selected to be most successful.
Provide clearly stated, and detailed prediction which innovation will be successful including prediction supported with at least two reasons based on needs identified within local healthcare organization and community; two intrinsic and two extrinsic factors that impact successful innovation.
Clearly stated, a detailed description of the projected sustainability of the innovation predicted to be most successful.
6 pages
Health Safety And Nutrition
One of the goals of Healthy People 2020 is to: ensure that schools have one school nurse for every 750 students. ensure th ...
Health Safety And Nutrition
One of the goals of Healthy People 2020 is to: ensure that schools have one school nurse for every 750 students. ensure that all children have dental ...
Walden University description Sunnyside Nursing Home Paper
Learning ResourcesRequired ReadingsPenner, S. J. (2017). Economics and financial management for nurses and nurse leaders ( ...
Walden University description Sunnyside Nursing Home Paper
Learning ResourcesRequired ReadingsPenner, S. J. (2017). Economics and financial management for nurses and nurse leaders (3rd ed.). New York, NY: Springer Publishing.
Chapter 4, “Measuring Nursing Care” (pp. 85–110)Chapter 5, Reporting and Managing Budgets” (pp. 111–135)Healthcare Financial Management Association. (n.d.). Retrieved from http://www.hfma.org/Walden University. (2018). ASC software assistance: Microsoft Excel. Retrieved from https://academicguides.waldenu.edu/ASCsoftware/mso...Document: Week 4 Sunnyside Nursing Home Staffing Plan (Excel document)Document: Week 4 Assignment Template (PowerPoint)Required MediaLaureate Education, Inc. (Executive Producer). (2018). Calculating the budget variance [Video file]. Baltimore, MD: Author. Note: The approximate length of this media piece is 19 minutes.
Accessible player --Downloads--Download Video w/CCDownload AudioDownload TranscriptAssignment: Verifying the VarianceUnderstanding how to manage the operational budget to ensure the viability of the department and ultimately the financial success of the healthcare organization is a responsibility of healthcare managers. This week, you will analyze the operational budget of Sunnyside Nursing Home. Your analysis will include the impact of patient volume on revenue, staffing, and quality of care. New programs at the nursing home need a marketing plan to attract patients, as patient census and a steady volume improves the proportion of payroll costs year over year and secures jobs for the employees. You will have the opportunity to update Excel spreadsheets, fill in staffing data, and reflect on the financial outlook of Sunnyside. You will then develop a PowerPoint presentation to summarize your financial analysis and apply the concepts we have covered over this course. This Assignment will give you experience with managing a healthcare budget.Consider the following scenario: Sunnyside Nursing Home is an independent 200-bed nursing home in a community in southern New Jersey. The average daily census for the nursing home was 140 in 2015, 2016, and the first half of 2017. In late 2016, the nursing home became licensed to provide in-patient hospice services, which has been quite successful. In 2017, the nursing home started marketing their hospice services, with an average census of 10 patients and, in July 2017, finally saw an exponential increase in hospice utilization.The Assignment is composed of two parts, and both must be submitted. Be sure to submit the PowerPoint presentation as the first part and then upload the Excel spreadsheet as the second part of the Assignment.To Prepare:Review the Week 4 Sunnyside Nursing Home Staffing Plan provided in this week’s Learning ResourcesReview the Calculating the Budget Variance media piece in the Resources, as it may assist you in completing this part of the AssignmentReview each tab to analyze the financial situation in Sunnyside Nursing Home.2 West Staffing PlanReview the staffing plan and the Table of Terms to get familiar with the mechanics of variable staffingActual StaffingComplete the missing cells to determine the total varianceReview this tab and focus on the census and number of staff required. Think about the impact of using agency staff and overtime on the current staffTableComplete the Table to determine the impact on the budget due to the increase of hospice patientsHospiceReview this tab to determine the impact of adding the new hospice patients to 2 WestUse formulas or copy and paste as shown in the media to ensure accuracy as you complete the sheetsBased on the information and calculations derived in your spreadsheet, reflect on your findings as you prepare to develop a PowerPoint presentationDownload the Week 4 Assignment TemplateThe Assignment (9-slide PowerPoint Presentation):The Assignment Template provided can help guide you in creating this presentation. Please address the following in your presentation:Briefly describe Sunnyside Nursing Home from the information calculated in your completed spreadsheets.Differentiate between capacity, utilization, performance, and financial indicators utilized at Sunnyside Nursing Home.Summarize key variances (positive or negative) you uncovered during your analysis (data only) of Nursing Unit 2 West. Focus on the most significant variance items.What do you believe led to the variances you identified?Because certain line items in a budget are more controllable than others, what actions might you recommend to the Sunnyside Nursing Home administrator to help the healthcare manager manage the sudden and sustained increase in patient census in hospice patients? Is the increase in that patient population a financially sound investment for Sunnyside? Why or why not? (Review the Hospice tab on the spreadsheet for ideas.)What top three recommendations would you make as you conclude your presentation and why?Make sure to follow APA guidelines and support your presentation with references.By Day 7Submit your Presentation Template and Excel spreadsheet.
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