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CON Clinical Revenue Distribution Plan: Difference between revisions
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CON Clinical Revenue Distribution Plan (view source)
Revision as of 13:24, October 3, 2013
, October 3, 2013→Procedure:
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<li>Faculty member meets with Business Manager of MCNP to discuss practice details and negotiate contract. </li> | <li>Faculty member meets with Business Manager of MCNP to discuss practice details and negotiate contract. </li> | ||
<li>Practice revenue distribution is based on revenue exceeding expenses.</li> | <li>Practice revenue distribution is based on revenue exceeding expenses.</li> | ||
<li>Quarterly revenue distribution formula:</li> | <li>Quarterly revenue distribution formula: | ||
<table> | |||
<tr> | |||
<td width="50%">Faculty Member</td> | |||
<td width="50%">50%</td> | |||
</tr> | |||
<tr> | |||
<td width="50%">Dept/Div</td> | |||
<td width="50%">30%</td> | |||
</tr> | |||
<tr> | |||
<td width="50%">Morehead Center for Nsg. Practice</td> | |||
<td width="50%">15%</td> | |||
</tr> | |||
<tr> | |||
<td width="50%">Dean’s Office</td> | |||
<td width="50%">5%</td> | |||
</tr> | |||
<tr> | |||
<td colspan="2">EXCEPTION: 9 month faculty summer/holiday time</td> | |||
</tr> | |||
<tr> | |||
<td width="50%">Faculty Member</td> | |||
<td width="50%">85%</td> | |||
</tr> | |||
<tr> | |||
<td width="50%">Morehead Center for Nsg. Practice </td> | |||
<td width="50%">15%</td> | |||
</tr> | |||
</table> | |||
</li> | |||
<li>Faculty member may annually designate all or a portion of practice plan revenue | <li>Faculty member may annually designate all or a portion of practice plan revenue | ||
to be placed in a professional development account for the faculty’s use. | to be placed in a professional development account for the faculty’s use. | ||