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CON Clinical Revenue Distribution Plan version March 2017 - Revision history
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<td align="center" colspan="2"><big>'''UNIVERSITY OF NEBRASKA MEDICAL CENTER<br />COLLEGE OF NURSING'''</big></td><br />
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<td width="60%"><big>'''Clinical Revenue Distribution Plan'''</big></td><br />
<td width="40%"><big>Subsection: '''Appendix T'''</big></td><br />
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<td width="60%">Section - Appendices</td><br />
<td width="40%">Originating Date: [[CON Clinical Revenue Distribution Plan version December 2008|December 2008]]</td><br />
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<td valign="top" width="60%">Responsible Reviewing Agency:<br /><div style="margin-left:3em; line-height:1.2;">Faculty Practice Committee<br />Executive Council</div></td><br />
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<td>Revised: [[CON Clinical Revenue Distribution Plan version January 2015|January 2015]]<br />Revised: March 2017</td><br />
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====Purpose:====<br />
<p style="margin-bottom:15px; max-width:70em !important;">The purpose of the Clinical Revenue Distribution Plan is to support faculty who are '''providing direct clinical nursing services''' while advancing the mission of the College of Nursing (CON).</p><br />
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====Administration:====<br />
<p style="margin-bottom:15px; max-width:70em !important;">Contracts for direct clinical nursing services that are negotiated as part of a faculty member’s workload are administered by the CON, typically by the Morehead Center for Nursing Practice (MCNP).</p><br />
====Procedure:====<br />
<ol style="max-width:67em !important;"><br />
<li>Upon initial employment, during annual evaluation, or whenever contemplating a new practice opportunity, faculty member meets with supervisor (division assistant dean) to discuss faculty practice and determine workload calculation. </li><br />
<li>Faculty member meets with Business Manager of MCNP to discuss practice details and negotiate contract. </li><br />
<li>Practice revenue distribution is based on revenue exceeding expenses.</li><br />
<li>Quarterly revenue distribution formula:<br /><br /><br />
<table style="max-width:67em !important;" width="100%" border="1" cellpadding="5" cellspacing="0"><br />
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<td width="50%">Faculty Member</td><br />
<td width="50%">50%</td><br />
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<td width="50%">Faculty Practice Fund</td><br />
<td width="50%">15%</td><br />
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<td width="50%">Dept/Div</td><br />
<td width="50%">10%</td><br />
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<td width="50%">Morehead Center for Nsg. Practice</td><br />
<td width="50%">20%</td><br />
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<td width="50%">Dean’s Office</td><br />
<td width="50%">5%</td><br />
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<td style="background-color:#cccccc;" colspan="2">EXCEPTION: 9 month faculty summer/holiday time</td><br />
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<td width="50%">Faculty Member</td><br />
<td width="50%">85%</td><br />
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<td width="50%">Morehead Center for Nsg. Practice </td><br />
<td width="50%">15%</td><br />
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</li><br />
<li>Faculty member may annually designate all or a portion of practice plan revenue<br />
to be placed in a professional development account for the faculty’s use.<br />
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<li>Faculty Practice [[Media:Appendix_T_Practice_Signature_Page_Fillable.pdf|Additional Compensation Agreement form]] is completed and signed.</li><br />
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