Reflect on your progression of wellness through leisure. What were you thinking coming into this course? What were your previous thoughts on wellness through leisure? What have you learned about yourself this quarter? Have you continued any of the components of this portfolio such as the new leisure activity? End with how you can continue to better yourself, your family, and others with the knowledge and ideas you learned. Include your name in the subject
Submit written responses to these questions. 1.What are the formulas for: ◦The basis break-even equation ◦The basis breakeven equation expanded to include indirect costs and desired profit? 2.Explain the relationship between step-five costs and the relevant range. 3.Based on the product margin, when is it in the best interests of an organization to continue or drop a service? 4.Laurie Vaden is a nurse practitioner with her own practice. She has developed contracts with several large employers to perform routine physical, fitness for duty exams, and initial screening of on-the-job injuries. She currently sees 150 per month, charging 450 per visit. Her total costs are $7,500, of which $1,500 is for supplies. She has decided that she needs to increase profit, so she is considering raising her fee to $65. She expects to lose 10 percent of her business to competitors that charge an average of 460 per visit. Determine her current and predicted: 1) revenues, 2) variable costs, and 3) total contribution margin. What do you recommend she do? Why? 5.Janet Gilbert is director of labs. She has some extra capacity and has contracted with some small neighboring hospitals to run some of their lab tests. She has recently had a study conducted and has determined that her costs of these contracts are $10,000 of which $7,000 are for supplies and items related to each test. She currently charges an average of $10,00 per lab test. She is thinking of lowering her price by 20 percent in hopes of raising her current volume of 10,000 tests by 15 percent. Determine her current and predicted: 1) revenues, 2) variable costs, 3) total contribution margin, and 4) net income. What do you recommend she do? Why? 6.Shady Rest Nursing Home has 100 private pay residents. The administrator is concerned about balancing the ratio its private pay to non-private pay patients. Non-private pay sources reimburse an average of $100 per day whereas private pay residents pay average 100 percent of full daily charges. The administrator estimates that variable cost per resident per day is $25 for supplies, food, and contracted services and annual fixed costs are $4,562,500. ◦What is the daily contribution margin of each non-private pay resident? ◦If 25 percent of the residents are non-private pay, what will shady Rest charge the private pay patients in order to break even? ◦What if non-private pay payors cover 50 percent of the residents? 7.The owner of Shady Rest Nursing Home insists that the facility earn $80,000 in annual profits. How much must the administrator raise the per day charge for the privately insured residents if 25 percent of the residents are covered by non-private pay payors?
review the core values of holistic nursing listed in the text. Determine which one you personally rank as the most important. Explore this core value further on the Web, in the text, and on the online library. State your rationale of why you see this value as being important for a holistic nurse to incorporate into his or her practice.Interview 3 people (family, friends, coworkers) according to the following guidelines:Explain the selected core value to them in your own words.Ask them if they think that this would be an important aspect for a nurse to incorporate into his or her practice and have them explain why or why not.Also, review your text and lecture and explore the Web for descriptions of the terms healing and cure. Describe a case from your clinical practice in which there was no cure but there was healing. Describe the details of the healing experienced by the person interviewed.Post a summary in a 3-4 page Word document
The purpose of this assignment is to
develop a SMART-formatted goal related to your professional leadership applicable
to your current practice setting or future leadership aspirations. This goal is
about YOUR leadership development, not those of the organization or the
department where you work. Many organizations
have developed the SMART-goal framework as they strive for performance improvement. Your goal may tie to one of the departmental
or organizational SMART goals but the components of the goal are about YOUR
leadership development The Institute of Medicine’s quality initiative has
identified five core healthcare profession competencies. This assignment
focuses on only two of those initiatives. Either Patient-Centered Care or Working in Interdisciplinary
and/or Interprofessional Teams will serve as a framework for identification of
YOUR leadership SMART goal.
Completion of this assignment enables the
student to meet the following course outcomes.
CO 1: Apply
leadership concepts, skills, and decision making in the provision of high
quality nursing care, healthcare team management, and the oversight and
accountability for care delivery in a variety of settings. (PO #2)
CO 4: Apply
concepts of leadership and team coordination to promote the achievement of safe
and quality outcomes of care for diverse populations. (PO #4)
CO 5: Apply
improvement methods, based on data from the outcomes of care processes, to
design and test changes to continuously improve the quality and safety of
healthcare. (PO #8)
CO 8: Apply
concepts of quality and safety using structure, process, and outcome measures
to identify clinical questions as the beginning process of changing current
practice. (PO #8)
This assignment consists of the completion
of the My Leadership SMART Goal paper. Submit assignment to the Dropbox by Sunday,
11:59 p.m. MT, by the end of Week 4.
This assignment is worth 200 points.
Review the Institute of Medicine’s (IOM)
core healthcare competencies. Select ONE of the competencies that you will work
on for developing a Leadership SMART Goal. You are to select one of the following
competencies for YOUR SMART goal.
Patient-Centered Care or
interdisciplinary and/or interprofessional teams;
Create ONE leadership goal that is in
the SMART goal format. You practiced this in the Week 3 Discussion, and
received valuable feedback from your instructor and peers. Please refer to this
as you work on the assignment.
S – Specific(Who besides YOU is involved in the
goal, what is YOUR goal, where will it take place?)
M – Measurable
(How are YOU going to achieve the goal?) Be
specific with measureable outcomes.
A – Attainable(What resources and/or experts are available to assist YOU with
attaining YOUR goal?)
R – Realistic(Is YOUR goal something that is realistically obtainable in YOUR professional
practice?) Be specific.
T – Time bound(What specific dates or weeks will YOU accomplish
each task related to your leadership goal?)