Catalog

NURS 629 - Financial Resource Management (CNL) (3)

Prerequisite: Student must be enrolled in the Clinical Nurse Leader MSN degree program. This course gives an overview of the role of the Clinical Nurse Leader in managing of fiscal resources. Principles of finance and fiscal management will be applied to clinical leadership in healthcare systems. Economic issues that affect patient care delivery will be analyzed. Financial reports and statements will be evaluated to predict organizational capabilities and limitations. The effect of varying budget methods and variance analysis will be discussed. Methods for product evaluation, mass customization of care, and the influence of global trends on clinical systems will be analyzed.