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Related Experiment Videos

Budget development and implementation for the APN in independent practice

N Steiger1, R Hagenstad, A Anderson

  • 1Patient Care Services, Santa Rosa Memorial Hospital, California, USA.

Advanced Practice Nursing Quarterly
|July 1, 1996
PubMed
Summary

Advanced practice nurses can establish successful independent practices by developing robust budgets and operational plans. This approach addresses challenges and meets community health needs effectively.

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Area of Science:

  • Nursing Practice
  • Healthcare Management

Background:

  • Advanced practice nurses (APNs) are well-positioned to address community health needs.
  • Independent practice presents opportunities but also significant barriers for APNs.

Purpose of the Study:

  • To outline critical steps for developing a budget and operational plan.
  • To guide APNs in establishing a successful independent practice.

Main Methods:

  • Review of essential components for financial planning.
  • Analysis of key elements for operational strategy development.

Main Results:

  • Successful independent practice hinges on meticulous budget creation.
  • A comprehensive operational plan is crucial for navigating practice challenges.

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Conclusions:

  • Independent nursing practice is a viable model for APNs.
  • Strategic financial and operational planning are key to APN practice success.