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Socialization into Contemporary Professional Nursing Practice Chapter 16 Dr. Sparks.

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Presentation on theme: "Socialization into Contemporary Professional Nursing Practice Chapter 16 Dr. Sparks."— Presentation transcript:

1 Socialization into Contemporary Professional Nursing Practice Chapter 16
Dr. Sparks

2 Economics of health care delivery system Chapter 16
What are the Trends Affecting the Cost of Healthcare?

3 Economics of health care delivery system Chapter 16
List Intrinsic vs Extrinsic factors Intrinsic Extrinsic

4 Economics of health care delivery system Chapter 16
Define Economics Apply economics to my job Apply economics to the scope of health care

5 Economics of health care delivery system Chapter 16
Apply Health Care Choices to: Spending Provider Services Health Care Provider Methods Allocation

6 What is the affordable care act of 2010?
Provides health care for all Lower costs of health care Revamps private health insurance Holds insurance companies accountable Stabilizes our budge and economy

7 Economics of health care delivery system Chapter 16
Define budget Budget Terms: Revenue Expense Margin/Profit

8 Economics of health care delivery system Chapter 16
Why do I need to know about budgets if Im going to be a staff/floor nurse? Types of Budget You Must Understand: Capital Operating Personnel How much does it cost to care for a patient? Caring is free, health care is expensive.

9 Economics of health care delivery system Chapter 16
Fiscal Responsibility Client Health Care Facility

10 Thank you


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