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Related Concept Videos

Guidelines for Writing Outcome01:11

Guidelines for Writing Outcome

When developing expected outcomes for a patient care plan, the nurse should adhere to the following recommendations:
Patient outcomes reflect the patient's response to the goal rather than what the nurse aims to achieve. Terminology should be observable and measurable to avoid the reader's interpretation. The desired outcome should be realistic and achievable in the designated care timeframe. Expected outcomes should align with adjunctive therapies. The outcome should enhance care evaluation by...
Planning Nursing Care II01:29

Planning Nursing Care II

A nursing care plan can present in two forms: informal and formal. Informal is a care plan for the individual use of the nurse and goals they wish to accomplish during their shift. Informal care plans are not included in the patient chart. A formal nursing care plan is a written or computerized guide that organizes patient care. It is further subdivided into two: standardized and individualized care plans. Standardized care plans are pre-populated care plans for specific patient populations,...
Planning Nursing Care I01:21

Planning Nursing Care I

The planning phase of the nursing process helps nurses set priorities, outline patient-centered goals and expected outcomes, and tailor nursing interventions to align with the aligned care plan. Through the planning phase, the nurse applies critical thinking skills to align and develop interventions according to the patient's needs. It provides continuity of care allowing patients to receive the maximum benefit from treatment. It serves as a pilot plan for allocating individual staff to a...
Methods of Documentation VI: Case Management Model01:15

Methods of Documentation VI: Case Management Model

The case management model is a multidisciplinary approach that involves healthcare professionals from diverse disciplines, such as physicians, nurses, therapists, social workers, and pharmacists, working collaboratively to address the various needs of patients. Each healthcare professional brings unique expertise and perspectives, contributing to a more comprehensive understanding of the patient's condition and tailoring treatment plans accordingly.
For example, a patient with a chronic illness...
Elements Crucial for Effective Psychotherapy01:25

Elements Crucial for Effective Psychotherapy

Research has highlighted several critical factors that influence the effectiveness of psychotherapy, such as the therapeutic alliance, the therapist, and the client.
The Therapeutic Alliance
The therapeutic alliance refers to the relationship between the therapist and the client. The alliance strengthens when the therapist and the client engage in a nurturing, supportive, trusting, empathetic, and respectful relationship, improving therapeutic outcomes. Therapists must monitor this relationship...
Formats for Nursing Documentation01:28

Formats for Nursing Documentation

Nursing documentation encompasses various formats designed to capture precise patient data, facilitate communication among healthcare team members, and ensure comprehensive and accurate patient records. Let's explore each of these formats in detail:
Nursing Assessment Form:
• A nursing assessment form is a foundational document that captures detailed patient data from physical assessments and nursing histories.
• It includes patient demographics, medical history, current medications, vital...

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Related Experiment Video

Updated: May 30, 2026

Designing CAD/CAM Surgical Guides for Maxillary Reconstruction Using an In-house Approach
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Designing CAD/CAM Surgical Guides for Maxillary Reconstruction Using an In-house Approach

Published on: August 24, 2018

The clinician's guide to composing effective business plans.

Alan B Ettinger1, Catherine Blondell

  • 1Zarb School of Business MBA Program, Hofstra University, Hempstead, NY, USA. aettinge@gmail.com

The Journal of Medical Practice Management : MPM
|August 6, 2011
PubMed
Summary

Clinicians require financial analysis skills to support new healthcare initiatives. Understanding financial fundamentals and initiative value enhances collaboration with administration for program development.

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Area of Science:

  • Healthcare Management
  • Clinical Finance
  • Health Services Research

Background:

  • The current healthcare landscape necessitates strong financial acumen among clinicians.
  • Clinical programs rely on sound financial analysis for administrative support and new initiatives.
  • Business plans for healthcare initiatives encompass mission, market, operations, and financial components.

Purpose of the Study:

  • To underscore the importance of financial analysis fundamentals for clinicians.
  • To highlight the role of financial analysis in securing administrative support for new clinical programs.
  • To emphasize the value of forward-looking financial assessment in healthcare initiative development.

Main Methods:

  • This study focuses on the conceptual framework of financial analysis in healthcare.
  • It reviews the essential components of a business plan for clinical initiatives.
  • The analysis emphasizes the integration of financial understanding with strategic planning.

Main Results:

  • Clinicians equipped with financial analysis knowledge can better articulate the value of new programs.
  • Understanding financial underpinnings strengthens the business case for healthcare initiatives.
  • Effective financial analysis facilitates more productive partnerships between clinicians and administration.

Conclusions:

  • A foundational grasp of financial analysis is crucial for clinicians.
  • Financial literacy empowers healthcare providers to effectively develop and advocate for new programs.
  • Collaboration between clinical and administrative teams is optimized through shared financial understanding.