University of Nebraska Medical Center

CON Clinical Revenue Distribution Plan: Difference between revisions

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width="20">[[CON Resource Manual Appendices|Appendices]]</td>
width="20">[[CON Resource Manual Appendices|Procedures]]</td>
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         <td width="60%"><big>'''Clinical Revenue Distribution Plan'''</big></td>
         <td width="60%"><big>'''Clinical Revenue Distribution Plan'''</big></td>
         <td width="40%"><big>Subsection: '''Appendix T'''</big></td>
         <td width="40%"><big>'''Procedure:''' '''4180 (Appendix T)'''</big></td>
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         <td width="60%">Section - Information</td>
         <td width="60%">Procedures</td>
         <td width="40%">Originating Date: December, 2008</td>
         <td width="40%">Originating Date: [[Special:PermanentLink/5764|December 2008]]</td>
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         <td width="60%">Responsible Reviewing Agency:<br /><div style="margin-left:3em; line-height:1.2;">Faculty Practice Committee<br />Executive Council</div></td>
         <td valign="top" width="60%">Responsible Reviewing Agency:<br /><div style="margin-left:3em; line-height:1.2;">External Affairs Committee<br />Executive Council</div></td>
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                 <td>&nbsp;</td>
                 <td>Revised: [[Special:PermanentLink/9811|January 2015]]<br />Revised: [[Special:PermanentLink/10329|March 2017]]<br />Revised: [[Special:PermanentLink/12665|October 2018]]<br />Revised: [[Special:PermanentLink/15805|January 2022]] ([[Special:Diff/12665/15805|changes]])<br />Revised: April 2026 (administrative) ([[Special:Diff/15805/{{REVISIONID}}|changes]])</td>
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     <td valign="top"><small>J:/RESOURCE MANUAL/Table of Contents College of Nursing Resource Manual</small></td>
     <td colspan="2" valign="top">Related documents:<br /><div style="margin-left:3em; line-height:1.2;">&nbsp;</div></td>
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<br />
<br />
====Purpose:====
==Purpose==
<p style="margin-bottom:15px;">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>
<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>


====Administration:====
==Administration==
<p style="margin-bottom:15px;">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>
<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>
====Procedure:====
 
<ol>
==Procedure==
<li>Upon initial employment, during annual evaluation, or whenever contemplating a new practice opportunity, faculty member meets with supervisor (department chair or division dean) to discuss faculty practice and determine workload calculation. </li>
<ol style="max-width:67em !important;">
<li>Faculty member meets with Business Manager of MCNP to discuss practice details and negotiate contract. </li>
<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>
<li>Faculty member meets with TPP Administrator 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:<br /><br />
<li>Income distribution formula:<br /><br />
<table style="max-width:70em !important;" width="100%" border="1" cellpadding="5" cellspacing="0">
<table style="max-width:67em !important;" width="100%" border="1" cellpadding="5" cellspacing="0">
<tr>
<tr>
     <td width="50%">Faculty Member</td>
     <td width="50%">Faculty Member</td>
     <td width="50%">50%</td>
     <td width="50%">50%</td>
</tr>
<tr>
    <td width="50%">Faculty Practice Fund</td>
    <td width="50%">10%</td>
</tr>
</tr>
<tr>
<tr>
     <td width="50%">Dept/Div</td>
     <td width="50%">Dept/Div</td>
     <td width="50%">30%</td>
     <td width="50%">10%</td>
</tr>
</tr>
<tr>
<tr>
     <td width="50%">Morehead Center for Nsg. Practice</td>
     <td width="50%">Morehead Center for Nsg. Practice</td>
     <td width="50%">15%</td>
     <td width="50%">25%</td>
</tr>
</tr>
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     <td style="background-color:#cccccc;" colspan="2">EXCEPTION: 9 month faculty summer/holiday time</td>
     <td style="background-color:#cccccc;" colspan="2">EXCEPTION: During the nonacademic year, 9 month faculty distribution</td>
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     <td width="50%">15%</td>
     <td width="50%">15%</td>
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<br /><br />
<br />
</li>
</li>
<li>Faculty member may annually designate all or a portion of practice plan revenue
<li>Faculty member may quarterly designate all or a portion of practice plan income
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.
</li>
</li>
<li>Faculty Practice Additional Compensation Agreement form is completed and signed.</li>
<li>Faculty Practice [[Media:Appendix_T_Practice_Signature_Page_Fillable.pdf|Additional Compensation Agreement form]] is completed and signed.</li>
</ol>
</ol>
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