CON Clinical Revenue Distribution Plan: Difference between revisions
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<td width="60%">Section - Information</td> | <td width="60%">Section - Information</td> | ||
<td width="40%">Originating Date: December, 2008</td> | <td width="40%">Originating Date: [[CON Clinical Revenue Distribution Plan version December 2008|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 width="60%">Responsible Reviewing Agency:<br /><div style="margin-left:3em; line-height:1.2;">Faculty Practice Committee<br />Executive Council</div></td> | ||
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<td> | <td>Revised: January, 2015</td> | ||
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Revision as of 15:47, April 29, 2015
Home | Appendices |
UNIVERSITY OF NEBRASKA MEDICAL CENTER COLLEGE OF NURSING |
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Clinical Revenue Distribution Plan | Subsection: Appendix T | |
Section - Information | Originating Date: December, 2008 | |
Responsible Reviewing Agency: Faculty Practice Committee Executive Council |
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Purpose:
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).
Administration:
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).
Procedure:
- 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.
- Faculty member meets with Business Manager of MCNP to discuss practice details and negotiate contract.
- Practice revenue distribution is based on revenue exceeding expenses.
- Quarterly revenue distribution formula:
Faculty Member 50% Dept/Div 30% Morehead Center for Nsg. Practice 15% Dean’s Office 5% EXCEPTION: 9 month faculty summer/holiday time Faculty Member 85% Morehead Center for Nsg. Practice 15%
- 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.
- Faculty Practice Additional Compensation Agreement form is completed and signed.