CON Clinical Revenue Distribution Plan: Difference between revisions
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<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> | <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:==== | ====Procedure:==== | ||
<ol style="max-width: | <ol style="max-width:67em !important;"> | ||
<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>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 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:<br /><br /> | <li>Quarterly revenue distribution formula:<br /><br /> | ||
<table style="max-width: | <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> | ||
Revision as of 10:33, October 13, 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 (division assistant 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.