This course will be discontinued January 15, 2013. Please plan to complete the test before the end of that day if you wish to earn contact hours for it.
Your first budget — the joy of securing that first management position rapidly dissipates and is replaced with trepidation. The deadline looms, and you’re not only expected to plan for the current year but project for the next fiscal year. Where do you begin? Learn the basics of setting up a balanced budget and how to succinctly discuss financial needs with administration.
The purpose of this program is to provide nurse managers with an overview of budget basics. After attending this webinar, participants will be able to —
- Explain the difference between an operating budget and a capital budget.
- Define what an FTE is.
- List four forms of reimbursement for healthcare services.
- Discuss nursing care hours.