Strategic Planning and Financial Management

Catalog description

This course will focus on strategic healthcare practices for quality, access, value, budgeting, and cost-effectiveness. The student will evaluate and recommend system-wide strategies which focus on improving cost-effectiveness while assessing the organizational structure and workforce needs. Students will analyze relevant internal and external factors that drive healthcare costs, revenue and reimbursement between agency requirements and quality, fiscal, and value-based indicators. Evidence-based methodologies for the advanced level nurse related to the quality of care utilizing innovative solutions will be analyzed. Budgetary considerations, cash flow, cost to benefit analysis, and salaries are discussed in a forthright and comprehensive manner. **Note: Students will implement the Doctor of Nursing Practice Project within the approved immersion site. The course requires documentation of 125 immersion hours associated with the DNP Project.