MSN6216 Unit 2 Discussion (dq1+dq2) Latest 2019 January

MSN6216 - Advanced Finance and Operations Management

Unit 2 Discussion

DQ1 MCOs and PPOs

Compare and contrast managed care organizations (MCOs) and preferred provider organizations (PPOs).

How do these models of care affect your role as a nurse leader in managing health care delivery?

What cost-saving strategies are utilized in the two models?

How do these strategies function to control health insurance costs?

Provide a concrete example of how capitation can control health care costs.

Ensure that your discussion post is adequate in length by following the requirements for postings found in the Faculty Expectations Message (FEM). In addition, be sure to cite at least one source from the assigned readings or other professional and scholarly literature, as applicable, to support your position, substantiate a claim, or when referring to the ideas or work of others.

Response Guidelines

Read as many posts as time allows. Respond to the required number of peers and use the word count stated in the FEM, preferably responding to posts that have had few or no responses. Your responses are expected to be substantive in nature. You are encouraged to ask questions, elaborate on a particular point, offer an alternative viewpoint, or add comments that extend or sustain the dialog. Remember to cite your sources, as applicable.

As you contemplate your response, consider the following questions:

Do these models of care affect how you manage the delivery of care differently from that of your colleague?

If so, in what ways, and why?

What cost-saving strategies has your colleague overlooked, if any?

Can you elaborate on your colleague’s capitation example, or offer different examples?

Learning Components

This activity will help you achieve the following learning components:

Proofread and edit written communications.

Apply the principles of effective composition.

Identify the basic principles of effective budget management.

Identify the sources of budgetary data and information.

Identify effective budget management techniques.

DQ2 Importance of Nurse Mentors in Professional Development

Describe two or three areas where you feel a mentor could help you grow as a professional and assist you in becoming a better financial manager.

Ensure that your discussion post is adequate in length by following the requirements for postings found in the Faculty Expectations Message (FEM). In addition, be sure to cite at least one source from the assigned readings or other professional and scholarly literature, as applicable, to support your position, substantiate a claim, or when referring to the ideas or work of others.

Response Guidelines

Read as many posts as time allows. Respond to the required number of peers and use the word count stated in the FEM, preferably responding to posts that have had few or no responses. Your responses are expected to be substantive. You are encouraged to ask questions, elaborate on a particular point, offer an alternative viewpoint, or add comments that extend or sustain the dialog. Remember to cite your sources, as applicable.

As you contemplate your response, consider the following questions:

What has been your experience as either a nurse mentor or mentee?

To what extent did these experiences involve financial management?

Were these experiences generally positive or negative? Why?

What do you consider to be the most valuable aspect of nurse mentorship with regard to financial management?

Learning Components

This activity will help you achieve the following learning components:

Apply the principles of effective composition.

Determine the impact of budget management on financial planning.

Proofread and edit written communications.

Identify effective budget management techniques.