Work with your clinical site mentor to evaluate a balance sheet, an income statement, a cash flow statement, benchmarks in financial management, and cost control used at your clinical site.

Work with your clinical site mentor to evaluate a balance sheet, an income statement, a cash flow statement, benchmarks in financial management, and cost control used at your clinical site.

PART 1
Interview a nurse manager regarding his or her budget responsibilities.

Develop a concept map from the interview that focuses on the financial concepts including revenue sources, payers, and major expenses.

For a refresher and examples refer to “Introduction to Concept Mapping,”
Format the concept map based on the examples from Inspiration.com.

PART 2

Clinical: Examine, interpret and diagram the financial responsibilities of a nurse manager.
Cllinical Activity

Clinical: Examine, interpret and diagram the financial responsibilities of a nurse manager.

PART 3

Work with your clinical site mentor to evaluate a balance sheet, an income statement, a cash flow statement, benchmarks in financial management, and cost control used at your clinical site.

Explain how to complete a ratio analysis using examples from your clinical site.

Integrate financial concepts learned in this course with instructions on how to complete a ratio analysis as if you were presenting to nurses in your organization to help them understand organizational finances.

PART 5

Clinical: Construct an educational presentation that integrates financial concepts learned in this course
Clinical Activity

Clinical: Construct an educational presentation that integrates financial concepts learned in this course

Explanation & Answer

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