NURS 6123 - Strategic Planning And Financial Management

Credit Hours: 3

Introduces the concept of a strategic plan and the importance of linking this with an organization’s mission and ethos. Basic principles associated with program, project, and service line fiscal management, price-setting, budget preparation, return on investment, cost- benefit analysis, managed care contracting, and value-based purchasing are discussed and applied. Emphasis is placed on acquiring a financial vocabulary to communicate with various stakeholders. Financial reports such as balance sheets, budget forms, and expense reports are studied and formulated.

Modality: Online

HEERF/Cares Act Reporting

NURS 6123 - Strategic Planning And Financial Management