Nurse Practitioner’s Business Plan Development
Description
APA FORMAT, WITH REFERENCES AND CITATIONS; 2-3 PAGES
Business Plan Development
Elizabeth Jones, FNP-BC, has been an NP for 8 years. She has worked in the primary care setting, as well as the urgent care setting. She is considering relocating to a state that allows for unrestricted independent practice and opening her own primary care clinic. There are multiple benefits to owning an independent practice. However, owning a practice requires extensive knowledge and support. For an NP to establish independent practice, an appropriate plan must be developed. For this Assignment, you will create a Business Plan for your potential future business.
Write a 2-3 page paper Business Plan that addresses the following:
- Identify and explain your chosen business structure (owning a private practice)
- Estimate monthly cost for establishing your own independent practice in Texas, including:
- Clinical site expenses
- Employee structure and expenses
- Supplies
- Utilities and other overhead expenses
- Malpractice insurance
- Continuing education expenses
- Accounting fees
- Services identified that you will provide (e.g., primary care services, drug screens, DOT exams)
- Projected monthly income necessary to support your independent practice
References
American Association of Nurse Practitioners (2016). State Practice Environment. Retrieved from https://www.aanp.org/legislation-regulation/state-…Buppert, C. (2018). Nurse practitioner’s business practice and legal guide (6th ed.). Sudbury, MA: Bartlett & Jones Learning.
- Appendix 11-A: A Checklist for Setting Up a Practice (pp. 383-394)
- Appendix 11-C: Sample NP Business Plan (pp. 400-412)
- Chapter 11, Practice Ownership: Legal and Business Considerations for the Nurse Practitioner Owner (pp. 353- 381)
Buppert, C. (2015). Appendix 11-C: Sample NP Business Plan. In Nurse Practitioners Business Practice and Legal Guide (5th ed.). (402-416). Burlington, MA: Jones & Bartlett.
Buppert, C. (2015). Practice Ownership: Legal and Business Considerations for the Nurse Practitioner Owner. In Nurse Practitioners Business Practice and Legal Guide (5th ed.). (315-383). Burlington, MA: Jones & Bartlett.
Ford, L. C.. & Gardenier, D. (2015). Fasten your seat belts – its going to be a bumpy ride. The Journal for Nurse Practitioners, 11(6), 575-577.
Kao, Y. S. (2015). Nephrology advanced practice registered nurse health policy: Where are we? What is our future? Nephology Nursing Journal, 42(3):289-93.
Kostas-Polston, E. A., Thanavaro, J., Arvidson, C., & Taub, L. M. (2015). Advanced Practice Nursing: Shaping Health Through Policy. Journal of the American Association of Nurse Practitioners, 27(1), 11-20. doi:10.1002/2327-6924.12192
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References:
Nursing Standards
Nursing and Midwifery Board of Australia. (2018). Code of conduct for midwives. https://www.nursingmidwiferyboard.gov.au/Codes-Guidelines-Statements/Professional-standards.aspx
Clinical Guidelines
Guideline Adaption Committee. (2016). Clinical practice guidelines and principles of care for people with dementia. NHMRC Partnership Centre for Dealing with Cognitive and Related Function Decline in Older People. https://cdpc.sydney.edu.au/wp-content/uploads/2019/06/CDPC-Dementia-Guidelines_WEB.pdf
Living Guideline
Stroke Foundation. (2022). Australian and New Zealand living clinical guidelines for stroke management – chapter 1 of 8: Pre-hospital care. https://app.magicapp.org/#/guideline/NnV76E
Evidence-based practice
BMJ Best Practice
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JBI: Evidence summary
Swe, K. K. (2022). Blood glucose levels: Self-monitoring [Evidence summary]. JBI EBP Database. https://jbi.global
JBI: Best practice information sheet
Bellman, S. (2022). Experiences of living with juvenile idiopathic arthritis [Best practice information sheet]. JBI EBP Database, 24(1), 1-4.
Cochrane Database of Systematic Reviews
Srijithesh, P. R., Aghoram, R., Goel, A., & Dhanya, J. (2019). Positional therapy for obstructive sleep apnoea. Cochrane Database of Systematic Reviews. https://doi.org/10.1002/14651858.CD010990.pub2
Drug Information
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Perth Children’s Hospital. (2022, April). Appendicitis [Emergency Department Guidelines]. Child and Adolescent Health Service. https://www.pch.health.wa.gov.au/For-health-professionals/Emergency-Department-Guidelines/Appendicitis
Department of Health. (n.d.). Who is being active in Western Australia? https://ww2.health.wa.gov.au/Articles/U_Z/Who-is-being-active-in-Western-Australia
Donaldson, L. (Ed.). (2017, May 1). Healthier, fairer, safer: The global health journey 2007-2017. World Health Organisation. https://www.who.int/publications/i/item/9789241512367
NCBI Bookshelf
Rodriguez Ziccardi, M., Goyal, G., & Maani, C. V. (2020, August 10). Atrial flutter. In Statpearls. StatPearls Publishing. https://www.ncbi.nlm.nih.gov/books/NBK540985/
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