Inspire Nurse Leaders

INL | Nurse Leaders
INL | Nurse Leaders

Managing the Business of Healthcare Certificate Course

Nurse leaders, like you, are expected to manage multimillion-dollar budgets for their departments, without formal financial training.

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Overview of Course

Course Information

Agenda

Meet the Instructor

FAQ

Oftentimes, nurses transition into leadership positions because they are clinical experts and have a strong desire to make a difference. Then, unfortunately, they do not receive the proper training necessary to manage and lead all that they are responsible for. They may feel overwhelmed by the demands and at the mercy of inadequate “on the job” training”.

Did you know 80% of nurse leaders report feeling unprepared for the financial
demands of the nurse leadership role?

Inspire Nurse Leaders expert and sought after Faculty have a solution for YOU and your TEAM.

Managing the Business of Healthcare Certificate Course

Those who have taken the course say

How Pam kept everyone engaged and having fun during a finance class is beyond me!
Pam's a great speaker, very engaging. There wasn't a minute during her presentation that my mind wandered. Very knowledgeable and the material presented was applicable to my practice. Speaker was so engaging it was difficult to take notes! I didn't want to miss anything she said.
Pamela presented an excellent review of staffing & budget. It triggered me to further interpret the productivity numbers.

As a nurse leader, you are such an important part of ensuring patients have what they need, ensuring quality and cost-effective healthcare.

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Managing the Business of Healthcare Certificate Course

How do I take the Course?

LIVE ZOOM FOR GROUPS

  • 2 Half-Day Zoom Sessions for your group. (We find that full days via zoom can be less effective due to density of topic).
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LIve In-PERSON

  • LIVE 1 Full Day in person for groups. Faculty is available on a mutually agreed-upon date.
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For Individual learners

  • Get Information about our next open public course.
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Conference Organizers

  • Get Information about conference events.
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Agenda

Interactive Delivery of the Following Concepts:

  • The Budget Is…Staffing Inpatient Surgical and Outpatient Departments
  • Data: What is in a Productivity Target?
  • Operational, Capital & Financial Responsibility
  • The Business Case for Patient Safety
  • Procedural Area Finances

What makes this course different?

Courses include your organization's examples, templates, and case studies we customize a head of course delivery

We encourage involving/inviting the key stakeholders from your finance team in the session. Learning together will help create a shared experience, robust discussion, and a strong foundation for collaboration going forward

We include preconfigured Excel models and toolkits with relevant formulas for ongoing use (will help learners‘ do the math)

FAQ

Do I have to be a new nurse manager or have a few years of experience before taking this course?

  • If you’re new to the role, don’t be intimidated by the course. We start at a basic level and build from novice to expert levels.

Who should take this course?

  • Any level nurse leader involved in managing a budget
  • A Director and CNO and their team so they can learn together
  • Individual nurse leader for the individual course

Why should I invest in this program for my unit managers?

  • In today’s environment, we can’t afford NOT to know this information in order to contribute to the business of healthcare.

Financial stakes are higher than ever

  • Understanding budgets enables you to better advocate for your patients.
  • Nurse leaders responsible for the largest budget and salary expense in the hospital.
  • Business acumen is a top five expected competency of every nurse leader.
  • Budgets concepts and knowledge are reported as one of the biggest gaps.

I’m interested in this course, when can I take it?

  • You can sign up for the waitlist here.

I need help getting my manager to pay for this course

How much does it cost?

Do I get CEs for this course?

  • Yes! You get 7.25 CEs

Do I need to take this course in person?

  • No, we have a live in person course and one via zoom.

Our ONE day agenda includes:

  • The Budget Is…Staffing Inpatient Surgical and Outpatient Departments
  • Data: What is in a Productivity Target?
  • Operational, Capital & Financial Responsibility
  • The Business Case for Patient Safety
  • Procedural Area Finances

If you're interested, let's chat!

Fill out this form and we'll be in touch with you within 24 hours. Reach out soon to take advantage of our premium pricing.
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“The information was valuable, and much wanted for this new manager. Now, to return home, find the right mentor to help me put it all together, will be the next step.”

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Questions you’ll get answered

  • How many caregivers do I need on my schedule?
  • How do I build a staffing plan?
  • How do I determine productivity?
  • Where do I look to correct productivity variances?
  • What should I be looking for to determine operation costs?
  • Where does the revenue come from?
  • How do I make a business case for patient and workforce safety?
  • Cost
  • Reach out soon for our premium pricing – Live instruction (2 half days over zoom or 1 full day in-person)
  • Excel Toolkit takeaway
  • 1-month attendee access to the Course via on demand access
  • 7.25 CEs
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Meet the Instructor

Pamela Hunt
MSN, RN, NEA-BC, FAAN

Pam is nationally known as a nurse executive, author, financial, quality, safety and strategic expert, and community leader. She has delivered over 500 nursing and healthcare leadership presentations and published on subjects regarding workforce development, strategic planning, connecting to the purpose of our profession and most notably healthcare finance. Her pioneering work in improving the financial acumen of nursing has enabled thousands of nurse leaders to develop and defend successful proposals and ROI to ensure quality patient outcomes. 

Pam is a graduate of Parkview-Methodist School of Nursing. She received a BS from Indiana Wesleyan University and a MSN from Indiana University. Pam received the Facilitative Leadership Award for Community Health Network in 2017 and was inducted as a Fellow in the American Academy of Nursing in 2020.

She aims to give leaders the tools coupling their clinical knowledge and business knowledge to make the best decisions for their leadership. In nursing school, you didn’t get a rotation in finance. It’s your duty as a nurse leader to familiarize yourself with the terms and knowledge to be the best leader you can be.

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If you're ready to chat, we're here for you.

Click the button below if this sounds like something you or your organization can benefit from.
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What else do our students say?

"I am excited to be able to better educate employees on the all around costs of surgery and how to better conserve"
"I am now able to justify additional FTE's to management and create a more formal budget."
"This was very informative and I will use many of the formulas in my own budget practices."
"Great conference. I enjoyed the smaller group and the speaker's encouragement for all to participate."
"Pamela was excellent and used scenarios that made sense to me"
"Pam did a great job explaining the financial aspect of management and the way to track productivity"
"Pam is very knowledgeable, gave examples to help us better understand some of the info."
"Both speakers provided awesome information in a manner that was easy to follow. Pam presented the finance information which is dry in nature, however, she made it interesting and applied it to our daily practice."
"Pam did a fantastic job! The Finance discussion could have been painful to get through but she made it work. I learned so much! And she also seems to have a great balance of accountability for her operational responsibilities and also a genuine love for the "bedside", which was very inspiring. Her facility is very lucky to have her."
"I learned alot from Pam.....finance scares me but she helped me learn it"
"Ms. Hunt was very knowledgeable about finance in nursing and gave real life examples and explanations for all areas of nursing practice. She was well versed on the topic and spoke clearly and it was easy to follow along with the content."
"This was my first year attending nmc. This session is a necessary topic in nursing. I appreciate the presentation and discussion was tied closely to the slides so I can review at home more easily. Thank you so much for the excellent session.
"A very strong presentation, something I've always expected from Ms. Hunt. I also found inspiring the courage she showed in sharing her story to drive home the point of her session. She's always been one of my favorite speakers."
"I am currently having productivity and volume issues. I am altering our staffing and the models and equations will really help me adapt my numbers."
"Loved this session! Real knowledge gained from being there! Also a great way of looking at providing for staffing for less obvious roles; billing, scheduling, for example. Excellent review and ideas about nonproductive time too."
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