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Emerging Leaders Financial Management Series

Learn the Language of Finance | 6.5 CHs

Finance 101 Presentation 

Nurse leaders control the largest part of a hospital labor budget, and in some cases the largest part of the overall budget. Overseeing this responsibility can mean the difference between an organization’s financial stability and turmoil. This full-day program will provide nurse leaders education on key financial concepts necessary for effectively managing the financial performance of perioperative services.

Learning Objectives: 

  1. Explain measurements used by organizations to demonstrate financial health.
  2. List and explain the process for justification of capital equipment
  3. Identify causes for variation in budgeted versus actual spending
  4. Calculate FTE need, including staffing mix and benefit time relief

 

Date Venue Register
Sept. 13  Double Tree Philadelphia Center City
237 S. Broad Street
Philadelphia, PA 19107
Meeting Room: TBA
Lunch Room: TBA
 
Register now 

Program Agenda

7:00 a.m.    Registrations & Continental Breakfast
7:45 a.m.    Welcome and Introductions
8:00 a.m.    Function of Budget Measurement of Finance
8:30 a.m.    Budgeting for Capital Equipment
9:30 a.m.    Budgeting for Supplies
10:30 a.m.    Break
10:40 a.m.    The Staffing Budget
11:40 a.m.    Lunch
12:40 pm    The Staffing Budget
1:40 pm    The Staffing Budget
2:40 pm    Break
2:50 pm    Connecting Business and Safety
3:50 pm    Closing comments
4:00 pm    Adjourn

 

Speaker: Pamela Hunt, MSN, RN, VP-Patient Services/Chief Nursing Executive, Indiana Heart & Vascular Hospital

Registration Fee: $45 (non-refundable) 

This program is funded through the AORN Foundation and supported by a grant from Covidien. 

AORN Foundation logo   Covidien logo 

 

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