Note:
Course content may be changed, term to term, without
notice. The information below is provided as a guide
for course selection and is not binding in any form,
and should not be used to purchase course materials.
NURS 523 Syllabus
COURSE SYLLABUS
NURS 523
FINANCIAL AND RESOURCE MANAGEMENT FOR NURSE LEADERS
COURSE DESCRIPTION
The course focuses on financial and resource management for the nurse leader. The course
provides students the skills and knowledge to perform a variety of functions related to financial
and resource management including budgetary functions such as operating, expense, revenue,
capital, and performance budgets, planning, controlling, management of costs associated with
staff/skill mix, and cost analysis. Key concepts such as strategic management, reimbursement
and payor mix, forecasting economic and marketing factors are explored for decision making.
Students will be required to perform financial and budgeting operations and spread sheet analysis
using Microsoft® Excel.
RATIONALE
This course provides financial and resource management skills and knowledge required of
nursing administrators to operate health care systems in today’s changing economic climate. The
course helps meet standards of graduate level nursing education as articulated by the American
Association of Colleges of Nursing (AACN) and the American Nurses Association’s Scope and
Standards for Nursing Administration.
I.
PREREQUISITES
For information regarding prerequisites for this course, please refer to the Academic
Course Catalog.
II.
III.
REQUIRED RESOURCE PURCHASE
Click on the following link to view the required resource(s) for the term in which you are
registered: http://bookstore.mbsdirect.net/liberty.htm
ADDITIONAL MATERIALS FOR LEARNING
A.
Computer with basic audio/video output equipment
B.
Internet access (broadband recommended)
C.
Microsoft Word
(Microsoft Office is available at a special discount to Liberty University students.)
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NURS 523 Syllabus
IV.
MEASURABLE LEARNING OUTCOMES
Upon successful completion of this course, the student will be able to:
V.
A.
Analyze cost, revenue, and expense data related to financial operations for the
healthcare unit/division and organization.
B.
Evaluate methods such as forecasting used for the development of capital and
operating budgets for nursing/healthcare services.
C.
Discuss key issues impacting decision making in health care resource
management.
D.
Analyze costs and other issues related to recruiting and retaining staff.
E.
Define the benefits of cost-benefit and cost-effectiveness analysis.
F.
Examine the intricate relationships among health care financing, costs, and quality
of care.
G.
Discuss legal and ethical considerations in resource management from a Christian
worldview.
COURSE REQUIREMENTS AND ASSIGNMENTS
A.
Textbook readings and presentations
B.
Course Requirements Checklist
After reading the Syllabus and Student Expectations, the student will complete the
related checklist found in Module/Week 1.
C.
Discussion Board Forums (3)
The student will complete 3 Discussion Board Forums throughout this course.
Threads must be at least 500 words, and each reply must be at least 250 words. All
threads must be written in current APA format and include a reference list.
D.
Question Sets (2)
The student will answer a set of questions in a Microsoft Word document.
Citations from the text or other sources must be in current APA format.
E.
Financial Exercises (4)
The student will complete 4 Financial Exercises throughout this course. Each
Financial Exercise will cover a different topic. The student will answer a series of
questions in a Microsoft Word document. Each Financial Exercise must include a
title and reference page in current APA format, and must be submitted as 1
document.
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NURS 523 Syllabus
F.
Resource Management Paper
This paper will be completed in 3 parts:
1.
Annotated Bibliography
The student will submit an Annotated Bibliography in current APA
format. This bibliography must include a minimum of 7–10 peer
reviewed annotated references.
2.
Outline
The student will complete a comprehensive outline..
3.
Paper
The student will write a 10–15-page paper in current APA format.
This paper should include a title page, abstract, introduction, body
with proper headings, recommendations, and conclusions. The title
page, abstract, and reference page are not included in the length
requirement. This assignment must be submitted through Safe
Assign.
VI.
COURSE GRADING AND POLICIES
A.
Points
Course Requirements Checklist
Discussion Board Forums (3 at 50 pts ea)
Question Sets (2 at 50 pts ea)
Financial Exercises (4 at 100 pts ea)
Resource Management Paper
Annotated Bibliography
Outline
Paper
10
150
100
400
Total
B.
75
75
200
1010
Scale
A = 940–1010 A- = 920–939 B+ = 900–919 B = 860–899 B- = 840–859
C+ = 820–839 C = 780–819 C- = 760–779 D+ = 740–759 D = 700–739
D- = 680–699 F = 0–679
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NURS 523 Syllabus
C.
Late Assignment Policy
If the student is unable to complete an assignment on time, then he or she must
contact the instructor immediately by email.
Assignments that are submitted after the due date without prior approval from the
instructor will receive the following deductions:
1.
Late assignments submitted within one week of the due date will
receive a 10% deduction.
2.
Assignments submitted more than one week late will receive a 20%
deduction.
3.
Assignments submitted two weeks late or after the final date of the
class will not be accepted.
4.
Late Discussion Board threads or replies will not be accepted.
Special circumstances (e.g. death in the family, personal health issues) will be
reviewed by the instructor on a case-by-case basis.
D.
Other Policies
Academic Misconduct
Academic misconduct is strictly prohibited. See The Graduate Catalog for specific
definitions, penalties, and processes for reporting.
E.
Disability Assistance
Students with a documented disability may contact Liberty University Online’s
Office of Disability Academic Support (ODAS) at LUOODAS@liberty.edu to
make arrangements for academic accommodations. Further information can be
found at www.liberty.edu/disabilitysupport.
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COUR ### Course Schedule
COURSE SCHEDULE
NURS 523
Textbooks: Finkler & McHugh, Budgeting Concepts for Nurse Managers (2008).
MODULE/
WEEK
READING & STUDY
1
Finkler & McHugh chs. 1–3
1 presentation
Course Requirements Checklist
Class Introductions
Question Set 1
10
0
50
2
Finkler & McHugh chs. 4–5
2 presentations
DB Forum 1
50
3
Finkler & McHugh chs. 6–7
1 presentation
DB Forum 2
Financial Exercise 1
50
100
4
Finkler & McHugh chs. 8–9
1 presentation
Financial Exercise 2
100
5
Finkler & McHugh chs. 10–11
1 presentation
Financial Exercise 3
Annotated Bibliography
100
75
6
Finkler & McHugh chs. 12–14
1 presentation
Outline
75
7
Finkler & McHugh ch. 16
1 presentation
DB Forum 3
Question Set 2
50
50
8
Finkler & McHugh chs. 17–18
1 presentation
Financial Exercise 4
Resource Management Paper
100
200
TOTAL
1010
ASSIGNMENTS
POINTS
DB = Discussion Board
NOTE: Each course week begins on Monday morning at 12:00 a.m. (ET) and ends on Sunday
night at 11:59 p.m. (ET). The final week ends at 11:59 p.m. (ET) on Friday.