2.50
Hdl Handle:
http://hdl.handle.net/10755/182265
Category:
Abstract
Type:
Presentation
Title:
FTE Committee: The CNO Is Not Giving the Farm Away
Author(s):
Kamphuis, Jan
Author Details:
Jan Kamphuis, PhD, RN, MSN, CNAA, Medcenter One, Bismarck, North Dakota, USA, email: wwahl@mohs.org
Abstract:
With the challenges of declining reimbursement, and financial constraints that are ever-tightening, healthcare leaders are tasked with assuring personnel resources are allocated appropriately throughout the healthcare system. Personnel expenses consume over half of a healthcare organizations operating budget. In order to keep a watchful eye on position control and make sure the needs of the organization are being met, senior leaders engaged in a strategic partnership to form the FTE review committee. The purpose of the FTE review committee is to monitor and control the level of FTEs within the organization. Horizontal alignment is evident by the make up of the committee which includes the VP of Human Resources, the Chief Information Officer, the VP of Professional Services, the Chief Nursing Officer, and the Chief Financial Officer. The Chief Nursing Officer plays an integral role in ensuring that patient care needs are being met. All positions are assessed based on five major factors; 1) quality of care, 2) cost, 3) revenue generation, 4) comparisons to internal productivity standards and external benchmarks, 5) strategic imperatives of the organization. The committee has set guidelines they follow and approve FTEs only after need has been conclusively demonstrated. The department manager must come before the committee when requesting a new position. The approval process includes subsequent follow-up and verification of the ongoing need for the approved FTEs. The committee meets on a monthly basis and all approved positions are further discussed with the CEO. Reference: American Hospital Association.
Repository Posting Date:
28-Oct-2011
Date of Publication:
28-Oct-2011
Conference Date:
2009
Conference Name:
ANCC National Magnet Conference
Conference Host:
American Nurses Credentialing Center
Conference Location:
Louisville, Kentucky, USA
Description:
"Magnet: Inspiring Innovation, Achieving Outcomes" was the theme and "Explore the relationship among leadership, innovation, and nursing practice outcomes" was the goal of the 13th American Nurses Credentialing Center (ANCC) National Magnet Conference, held 1-3 October, 2009 in Louisville, Kentucky, USA.
Note:
This is an abstract-only submission. If the author has submitted a full-text item based on this abstract, you may find it by browsing the Virginia Henderson Global Nursing e-Repository by author. If author contact information is available in this abstract, please feel free to contact him or her with your queries regarding this submission. Alternatively, please contact the conference host, journal, or publisher (according to the circumstance) for further details regarding this item. If a citation is listed in this record, the item has been published and is available via open-access avenues or a journal/database subscription. Contact your library for assistance in obtaining the as-published article.

Full metadata record

DC FieldValue Language
dc.type.categoryAbstracten_US
dc.typePresentationen_GB
dc.titleFTE Committee: The CNO Is Not Giving the Farm Awayen_GB
dc.contributor.authorKamphuis, Janen_US
dc.author.detailsJan Kamphuis, PhD, RN, MSN, CNAA, Medcenter One, Bismarck, North Dakota, USA, email: wwahl@mohs.orgen_US
dc.identifier.urihttp://hdl.handle.net/10755/182265-
dc.description.abstractWith the challenges of declining reimbursement, and financial constraints that are ever-tightening, healthcare leaders are tasked with assuring personnel resources are allocated appropriately throughout the healthcare system. Personnel expenses consume over half of a healthcare organizations operating budget. In order to keep a watchful eye on position control and make sure the needs of the organization are being met, senior leaders engaged in a strategic partnership to form the FTE review committee. The purpose of the FTE review committee is to monitor and control the level of FTEs within the organization. Horizontal alignment is evident by the make up of the committee which includes the VP of Human Resources, the Chief Information Officer, the VP of Professional Services, the Chief Nursing Officer, and the Chief Financial Officer. The Chief Nursing Officer plays an integral role in ensuring that patient care needs are being met. All positions are assessed based on five major factors; 1) quality of care, 2) cost, 3) revenue generation, 4) comparisons to internal productivity standards and external benchmarks, 5) strategic imperatives of the organization. The committee has set guidelines they follow and approve FTEs only after need has been conclusively demonstrated. The department manager must come before the committee when requesting a new position. The approval process includes subsequent follow-up and verification of the ongoing need for the approved FTEs. The committee meets on a monthly basis and all approved positions are further discussed with the CEO. Reference: American Hospital Association.en_GB
dc.date.available2011-10-28T15:16:32Z-
dc.date.issued2011-10-28en_GB
dc.date.accessioned2011-10-28T15:16:32Z-
dc.conference.date2009en_US
dc.conference.nameANCC National Magnet Conferenceen_US
dc.conference.hostAmerican Nurses Credentialing Centeren_US
dc.conference.locationLouisville, Kentucky, USAen_US
dc.description"Magnet: Inspiring Innovation, Achieving Outcomes" was the theme and "Explore the relationship among leadership, innovation, and nursing practice outcomes" was the goal of the 13th American Nurses Credentialing Center (ANCC) National Magnet Conference, held 1-3 October, 2009 in Louisville, Kentucky, USA.en_US
dc.description.noteThis is an abstract-only submission. If the author has submitted a full-text item based on this abstract, you may find it by browsing the Virginia Henderson Global Nursing e-Repository by author. If author contact information is available in this abstract, please feel free to contact him or her with your queries regarding this submission. Alternatively, please contact the conference host, journal, or publisher (according to the circumstance) for further details regarding this item. If a citation is listed in this record, the item has been published and is available via open-access avenues or a journal/database subscription. Contact your library for assistance in obtaining the as-published article.-
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