Financial Management for the Nurse Leader

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In the current and rapidly evolving healthcare environment, there is a need for clinical leaders to have an understanding of financial terms, processes, and principles. This 6-module course provides an opportunity to develop business and financial skills by exploring budgets, and management best practices. These skills will aid you in successfully leading in your healthcare setting. You will be equipped with an understanding to make economically sound decisions for your organization while maintaining care standards and patient safety. 

  • Module 1: Introduction to Nursing Finance

  • Module 2: The Business of Healthcare

  • Module 3: The Role of Nurse Leaders in Finance

  • Module 4: Controlling Costs

  • Module 5: Calculations and Practice

  • Module 6: Supplemental Ambulatory Service

Target Audience

This course is geared towards clinical leaders whose jobs require an understanding of the financial realities of healthcare. 

Learning Objectives

The learner will:

  • Gain a deeper understanding of healthcare’s financial processes
  • Recognize basic concepts of economics, financial terms, budgeting procedures, and staffing models to set priorities and measurable goals
  • Describe two strategies that they will apply to their clinical practice
Course summary
Available credit: 
  • 2.50 ANCC
Registration opens: 
11/17/2022
Registration closes: 
11/16/2024
Cost:
$39.00
  • Relevant Financial Relationships: It is the policy of The Institute for Johns Hopkins Nursing to require our continuing professional development program planning committee members and presenters to disclose all relevant financial relationships with ineligible companies. The IJHN has established policies to identify and mitigate relevant financial relationships. The program planning committee members and presenters report that they do not have relevant financial relationships with ineligible companies to disclose.
  • Commercial Support: This educational activity has not received any form of commercial support.
  • Non-Endorsement of Products: The Institute for Johns Hopkins Nursing and the American Nurses Credentialing Center does not endorse the use of any commercial products discussed or displayed in conjunction with this educational activity.
  • Off-Label Use: The program presenters have indicated that they do not intend to discuss the off-label use of products in this activity.
  • Rebecca Barshick, MSN, BA, RN, NPD-BC, Nurse Educator, Institute for Johns Hopkins Nursing
  • Michelle D’Allesandro, CNP, RN, NEA-BC, Chief Nursing Officer, University of Maryland at Upper Chesapeake Health
  • Eleni Flanagan, DNP, MBA RN-BC, Director of Nursing, Department of Medicine and Radiology, The Johns Hopkins Hospital
  • Susan Kulik, DNP, MBA, RN, CJCP, CPHQ, Director, Accreditation and Regulatory Activities, Johns Hopkins Medicine International
  • Kelly Reif, BSN, RN, Nursing Project Analyst, Institute for Johns Hopkins Nursing
  • Denise Vera, DNP, RN,  Nursing Informatics Coordinator, Institute for Johns Hopkins Nursing
  • Accreditation Statement: The Institute for Johns Hopkins Nursing is accredited as a provider of nursing continuing professional development by the American Nurses Credentialing Center’s Commission on Accreditation.
  • Criteria for Awarding Contact Hours: To obtain contact hours, the participant must read the learning objectives and disclosure statements, and complete all required content in the educational activity. If a post-test is included, the required passing score must be obtained to receive nursing contact hours.

Available Credit

  • 2.50 ANCC

Price

Cost:
$39.00
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By registering for this course, you agree to these terms:

All content in this course and its accompanying materials are the intellectual property/copyright of the Johns Hopkins Health System and the Johns Hopkins School of Nursing (JHHS/JHSN) and are solely provided by the Institute for Johns Hopkins Nursing (IJHN). You may not create new content/materials/derivatives from any of the foregoing. The content and accompanying materials may not be modified, redistributed, or reproduced in any form or by any means, electronic or mechanical, including photocopying, recording, or by any information storage and retrieval system without PRIOR written authorization from IJHN.