Understanding Key Impacts of Nursing Labor Allocations

Complimentary webinar for MONL members!

Conference Overview:   Nursing is considered the backbone of care for patients served in hospital settings. The wages and benefits paid to nurses are included in the calculous of determining hospital payment rates. MONL is hosting a session about how nursing expenses are used to determine payment rates while sharing insights into developing labor budgets for nursing services. Other topics will include considerations when advocating for a nursing fee schedule and how to determine appropriate staffing levels.

 Learning Objectives:

• Identify how nursing labor cost impact hospital payment rates.
• Describe key considerations and impact of a nursing fee schedule.

Your Faculty:
Andrew B. Wheeler, MBA, FHFMA
Vice President of Federal Finance
Missouri Hospital Association

Andrew Wheeler serves as the Vice President of Federal Finance at the Missouri Hospital Association, specializing in federal advocacy, Medicare payment and policy, and regulatory compliance. He has more than sixteen years of experience in the hospital setting, working in hospital operations, finance, and strategic planning. He has ten years with the Missouri Hospital Association, advocating, educating and assisting hospitals. He holds a Bachelor of Science in Public Administration and a Master of Business Administration. He is a Certified Healthcare Financial Professional and a Fellow of the HFMA, having received the William G. Follmer Bronze Award, the Robert H. Reeves Silver Award and the Frederick T. Muncie Gold Award.

Accredited Continuing Education

Accreditation Statement
In support of improving patient care, this activity has been planned and implemented by AXIS Medical Education and the MHA Health Institute. AXIS Medical Education is jointly accredited by the Accreditation Council for Continuing Medical Education (ACCME), the Accreditation Council for Pharmacy Education (ACPE), and the American Nurses Credentialing Center (ANCC), to provide continuing education for the healthcare team.

Credit Designation
Nursing — AXIS Medical Education designates this continuing nursing education activity for 1.0 contact hour each.
Learners are advised that accredited status does not imply endorsement by the provider or ANCC of any commercial products displayed in conjunction with an activity.

All Other Participants — A certificate of attendance for 1.0 clock hour each will be provided.

Requirements for Credit:

• Attend/participate in the educational activity and review all course materials.
• Complete the CE Declaration form online by 11:59 pm on November 15, 2024. Instructions will be provided. If you do not enter the online portal by the above date, you will not be able to retrieve your statement of participation.
• Upon successful completion of the online form, your statement of completion will be presented to you to print.

AXIS Contact Information
For information about the accreditation of this program please contact AXIS at info@axismeded.org.

Disclosure of Relevant Financial Relationships

AXIS Medical Education requires faculty, instructors, authors, planners, directors, managers, peer reviewers, and other individuals who are in a position to control the content of this activity to disclose all personal financial relationships they may have in the past 24 months with ineligible companies. An ineligible entity is any organization whose primary business is producing, marketing, selling, re-selling, or distributing healthcare products used by or on patients. All relevant financial relationships are identified and mitigated prior to initiation of the planning phase for an activity. 

 AXIS has mitigated and disclosed to learners all relevant financial relationships disclosed by staff, planners, faculty/authors, peer reviewers, or others in control of content for this activity. Disclosure of a relationship is not intended to suggest or condone bias in any presentation but is made to provide participants with information that might be of potential importance to their evaluation of a presentation or activity. Disclosure information for faculty, authors, course directors, planners, peer reviewers, and/or relevant staff is provided with this activity.

 The faculty, Andrew B. Wheeler, MBA, FHFMA, reported no relevant financial relationships or relationships they have with ineligible companies of any amount during the past 24 months.

 The directors, planners, managers, peer reviewers, and relevant staff reported the following financial relationships they have with any ineligible company of any amount during the past 24 months: 

Disclaimer
Participants have an implied responsibility to use the newly acquired information to enhance patient outcomes and their own professional development. The information presented in this activity is not meant to serve as a guideline for patient management. Any procedures, medications, or other courses of diagnosis or treatment discussed in this activity should not be used by clinicians without evaluation of patient conditions and possible contraindications on dangers in use, review of any applicable manufacturer’s product information, and comparison with recommendations of other authorities.

For More Information

Contact Peggy Taylor at ptaylor@mhanet.com or 573-893-3700, ext. 1370 with questions.