Essentials for Nursing Leadership: Resource, Financial, and Operations Management

Join NYONL colleagues for a two-part webinar series designed to improve your knowledge and skills in healthcare financing. 

Essentials for Nursing Leadership: Resource, Financial, and Operations Management

It will be held in two sessions:  Session 1: Wednesday, May15th 4:00 – 6:30 pm Eastern and Session 2: Thursday, May16th 4:00 – 6:00 pm Eastern

Course Objectives:

• Build a foundational understanding of financial basics useful to nursing leadership.
• Gain an understanding of performance measurement and learn the basics of capital budgeting.
• Become familiar with key financial/budget concepts: capital vs. operational budgets, salary vs. non-salary costs, revenue streams, types of budget models: zero-based vs non-zero-based, hours per patient days/skill mix.
• Prepare a budget- create a staffing budget and monitor and justify variances.
• Review the importance of key stakeholders in healthcare payment.
• How to approach financial reports; what you need to know, Background of payment methods, financial management, general accounting principles for nursing, Building a business case: concepts to learn.
• Identify how clinical and financial decisions impact day-to-day operations as well as the overall health of the organization.
• Review ways to monitor unit operations.
• Top of license practice and how finance plays a part.
• Share how reimbursement and healthcare reform impact financing care
• Expand your proficiency by learning about CMS, managed care, hospice, and other reimbursements.
• Expand your knowledge toward contributing to financial decision-making.

Cost: NYONL Members: $45  Non-Members: $60.  Registration is for both sessions. Single session attendance is not available. 

4.5 CNE will be offered.

Please note: no refunds will be issued. Substitutions are permitted with prior arrangements:  https://nyonl.nursingnetwork.com/contact