NUR 621 It has often been said that nursing units are not revenue generators

Grand Canyon University NUR 621 It has often been said that nursing units are not revenue generators-Step-By-Step Guide

This guide will demonstrate how to complete the Grand Canyon University NUR 621 It has often been said that nursing units are not revenue generators  assignment based on general principles of academic writing. Here, we will show you the A, B, Cs of completing an academic paper, irrespective of the instructions. After guiding you through what to do, the guide will leave one or two sample essays at the end to highlight the various sections discussed below.

How to Research and Prepare for NUR 621 It has often been said that nursing units are not revenue generators                                                        

Whether one passes or fails an academic assignment such as the Grand Canyon University NUR 621 It has often been said that nursing units are not revenue generators     depends on the preparation done beforehand. The first thing to do once you receive an assignment is to quickly skim through the requirements. Once that is done, start going through the instructions one by one to clearly understand what the instructor wants. The most important thing here is to understand the required format—whether it is APA, MLA, Chicago, etc.

After understanding the requirements of the paper, the next phase is to gather relevant materials. The first place to start the research process is the weekly resources. Go through the resources provided in the instructions to determine which ones fit the assignment. After reviewing the provided resources, use the university library to search for additional resources. After gathering sufficient and necessary resources, you are now ready to start drafting your paper.

How to Write the Introduction for NUR 621 It has often been said that nursing units are not revenue generators                                                      

The introduction for the Grand Canyon University NUR 621 It has often been said that nursing units are not revenue generators  is where you tell the instructor what your paper will encompass. In three to four statements, highlight the important points that will form the basis of your paper. Here, you can include statistics to show the importance of the topic you will be discussing. At the end of the introduction, write a clear purpose statement outlining what exactly will be contained in the paper. This statement will start with “The purpose of this paper…” and then proceed to outline the various sections of the instructions.

How to Write the Body for NUR 621 It has often been said that nursing units are not revenue generators                                                      

After the introduction, move into the main part of the NUR 621 It has often been said that nursing units are not revenue generators     assignment, which is the body. Given that the paper you will be writing is not experimental, the way you organize the headings and subheadings of your paper is critically important. In some cases, you might have to use more subheadings to properly organize the assignment. The organization will depend on the rubric provided. Carefully examine the rubric, as it will contain all the detailed requirements of the assignment. Sometimes, the rubric will have information that the normal instructions lack.

Another important factor to consider at this point is how to do citations. In-text citations are fundamental as they support the arguments and points you make in the paper. At this point, the resources gathered at the beginning will come in handy. Integrating the ideas of the authors with your own will ensure that you produce a comprehensive paper. Also, follow the given citation format. In most cases, APA 7 is the preferred format for nursing assignments.

How to Write the Conclusion for NUR 621 It has often been said that nursing units are not revenue generators                                                      

After completing the main sections, write the conclusion of your paper. The conclusion is a summary of the main points you made in your paper. However, you need to rewrite the points and not simply copy and paste them. By restating the points from each subheading, you will provide a nuanced overview of the assignment to the reader.

How to Format the References List for NUR 621 It has often been said that nursing units are not revenue generators                                                        

The very last part of your paper involves listing the sources used in your paper. These sources should be listed in alphabetical order and double-spaced. Additionally, use a hanging indent for each source that appears in this list. Lastly, only the sources cited within the body of the paper should appear here.

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Sample Answer for NUR 621 It has often been said that nursing units are not revenue generators

Re: Topic 5 DQ 2

Nursing units are revenue generators as opposed to the statement by the finance department that they do not generate revenue. Nurses are at the core of healthcare provision and close to 80% of all services in healthcare facilities are carried out in the nursing department. Nursing should not be regarded as an expense rather than revenue generating since healthcare facilities are indirectly compensated for nursing care in similar way they get compensated for physician and other allied health services. Indirectly, nurses have long had a hand in revenue generation due to the close connection between nurse recruitment and retention as well as physician recruiting and retention (Godsey et al., 2020). Having effective physicians implies that the facility also has good nurses who follow instructions from the physicians as caregivers. In this case, hospitals that have full qualified and motivated nursing workforce tend to not only attract but also retain physicians.

Additionally, nurses are considered the backbone of health care, offering essential care and support to patients and families. As such, they attract and generate revenue when they improve patient outcomes and satisfaction. Nurses have a direct effect on patient outcomes and satisfaction as key drivers of hospital revenues (Scott, 20222). For instance, studies demonstrate that higher nurse staffing levels are linked to reduced mortality rates, shorter stays in hospitals and fewer complications and even infections. These outcomes can enhance hospital’s overall quality performance and reduce costs thus leading to higher revenues, especially under the value-based healthcare model where hospitals get reimbursed through quality and not quantity.

Nurses also influence patient satisfaction rates through provision of compassionate, respectful and timely care. Patient satisfaction is used for reimbursement purposes under the value-based purchasing program. Medicare offers payment to hospitals based on their performance on patient experience surveys (Yakusheva et al., 2020). As such, nurses who deliver high quality care help hospitals to earn higher payments and avoid penalties demonstrating that they are revenue generators for their facilities. As such, nurses should be viewed and considered revenue generators and not just caregivers who are costly to the facility.

References

Godsey, J. A., Houghton, D. M., & Hayes, T. (2020). Registered nurse perceptions of factors

contributing to the inconsistent brand image of the nursing profession. Nursing outlook, 68(6), 808-821. DOI: 10.1016/j.outlook.2020.06.005

Scott, D. (2022 June 6). The way the United States pays for nurses is broken.

https://www.vox.com/policy-and-politics/23076581/us-covid-health-care-nurses-pay-salary

Yakusheva, O., Rambur, B., & Buerhaus, P. I. (2020, August). Value-informed nursing practice

can help reset the hospital-nurse relationship. JAMA Health Forum, 1(8); e200931-e200931. DOI:10.1001/jamahealthforum.2020.0931

Sample Answer 2 for NUR 621 It has often been said that nursing units are not revenue generators

According to an article published in Nursing philosophy: an international journal for healthcare professionals, the United States spent approximately 17.4% of gross domestic product (GDP) on healthcare, which makes them the first largest spender in the world (Lasater, 2014). In 2012, around a third of all healthcare costs were spend in acute care hospitals, which accounted for $880 billion. Often times, there are arguments that nursing units are not revenue generators in healthcare, which is simply not true. The skills that are most utilized in hospitals include nursing services, but they are poorly measured so it often times goes under reported. When patients are discharged from a hospital, they receive a bill that represents the care received during the inpatient stay. Instead of charging for actual services provided by nurses, the cost of nursing is embedded into the room and board item. This particular item is a fixed rate for all patients receiving care within the facility regardless of the actual amount of nursing services were required during the hospitalization. Because of the lack of representation on a hospital bill, the utilization of nurses is misrepresented in the U.S. and can be seen as problematic. For example, during the Covid-19 pandemic many nurses who worked in pre-op/PACU, completing diagnostic procedures or elective admissions were furloughed. As the pandemic worsened, nurses were practically begged to come back to bedside to assist, but many were put-off by the cost-cutting actions of higher ups within the healthcare organizations. Because nursing services are misrepresented, mistakes like this can happen although nurses are the heart of healthcare.

References

Lasater K. B. (2014). Invisible economics of nursing: analysis of a hospital bill through a Foucauldian perspective. Nursing philosophy : an international journal for healthcare professionals, 15(3), 221–224. https://doi.org/10.1111/nup.12040

Yakusheva O, Rambur B, Buerhaus PI. (2020). Value-Informed Nursing Practice Can Help Reset the Hospital-Nurse Relationship. JAMA Health Forum. 1(8):e200931. doi:10.1001/jamahealthforum.2020.0931

Sample Answer 3 for NUR 621 It has often been said that nursing units are not revenue generators

Dedicated front-line staff must consistently provide quality care and contribute to the best patient outcomes. As individual units provide patient-centered care and integrate evidence-based interventions, financial performances produce revenue linked to such patient outcomes (Daub, 2020). Healthcare systems, individual hospitals, and independent units work hard to provide the best care, all the while they are watching their budget. It is just as important for the manager and the staff to work as a team to provide the best care while reducing unnecessary supplies, minimizing overtime, and providing safe patient care while working at the top of scope of their role. Consistency in care, dedication to excellence, and collaboration by interdisciplinary teams all help to provide a great foundation necessary to be financially successful at a unit level.

Other ways to help generate unit revenue come from evidence-based care being provided, such as Foley catheter care and early Foley removal, to effectively reduce a patient’s opportunity to acquire an infection and again improve patient outcomes. Additionally, healthcare systems can generate revenue through prospective payments. Such payments include billing for unit procedures, billing for level of care per diem (per day), and obtaining bundled payments. In the hospital where I work, the charge nurses keep a tally of the procedures performed on the unit to be charged to the patient. Such charges include small-bore feeding tube placement, telemetry monitoring, tissue plasminogen activator (TPA) activation for unclogging central lines, continuous bladder irrigation, and nasogastric tube placements. These procedures and others are kept track of at the acute care unit level as they do not fall under a level of care charge and can be billed to the patient for the procedure.

Reference:

Daub, S., Rosenzweig, C., & Schilkie, M. C. (2020). Preparing for a value-driven future. Families, systems & health: The Journal of Collaborative Family HealthCare, 38)1), 83-86. https://doi-org.lopes.idm.oclc.org/10.1037/fsh0000476