510 wk 3 td 2.docx - PART 2 As revenue generators NPs must be aware of how their work contributes to the overall revenue of the clinical practice You

510 wk 3 td 2.docx - PART 2 As revenue generators NPs must...

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PART 2: As revenue generators, NPs must be aware of how their work contributes to the overall revenue of the clinical practice. You see 20 patients per day on average, and take call every third weekend. According to Buppert (2011), an NP who sees 15 patients per day at $56 per patient visit, on average, brings in $840 per day. Allowing 1 week off for continuing education, 1 week off for illness, and 4 weeks off for vacation, this NP will bring in $193,200 a year, potentially. However, not all bills are paid. With a 90% collection rate—a reasonable collection rate for an efficient practice—this NP actually will bring in $173,800 per year. An NP who sees 24 patients per day will bring in $1344 per day, or $309,120 per year in accounts receivable. With a 90% collection rate, this NP will bring $278,208 to the practice (Buppert, 2011). Discussion Question: In this scenario, what are you “worth” to the practice? Use logical reasoning and provide evidence based rationales for your decisions. Keep in mind that your negotiation terms and conditions must be within the legal scope of practice for an ANP . In this case scenario, my worth to the clinical practice all depends on how many patients per day I see and what charges those patients accrue. My worth in practice is much more than how I am compensated. I am an extremely productive health care provider and am able to generate a lot of revenue thought my productivity and services I provide to patients. An advanced
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  • Winter '16
  • Melissa, Rubio
  • Wk 3 Td 2

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