Week 8 Application Exercise

REQUIRED READINGS

Buppert, C. (2023). Nurse practitioners business practice and legal guide (8th Ed.). Jones & Bartlett Learning LLC.: Burlington MA.

• Ch. 9 Reimbursement for Nurse Practitioner Services
• 11 Practice Ownership: Legal and Business Considerations for the Nurse Practitioner Owner

Please also read the following:

• AANP. (2021). Business Resources for Nurse Practitioners (NPs): Resources for the Business Side of Health Care. Retrieved from
• Hahn, J. A., & Cook, W. (2018). Lessons Learned from Nurse Practitioner Independent Practice: A Conversation with a Nurse Practitioner Entrepreneur. Nursing Economics, 36(1), 18-22.
• Johnson, J. E., & Garvin, W. S. (2017). Advanced Practice Nurses: Developing A Business Plan for an Independent Ambulatory Clinical Practice. Nursing Economics, 35(3), 126-133,141.
• Muir, K. J. (2019). Historical Perspectives Informing Modern Day Nursing Innovation and Economics. Nursing Economics, 37(6), 284.
• Sheffield, A. J. (2019). Improving Access to Health: A Business Plan Approach to Creating a Sustainable Nurse-Led Community Clinic. Nursing Economics, 37(6), 306-316. https://www.proquest.com/scholarly-journals/improving-access-health-business-plan-approach/docview/2328559914/se-2?accountid=137164

Supplemental Readings:

• AANP. (2021). Advocacy Resources. Retrieved from

After educating yourself on this weeks topics through the required readings including those referenced here, write your response in a Word document using APA format.

Part 1-

Choose one of the required scholarly articles from this weeks readings (also listed below). Clearly identify which article you choose for your response in the title of your paper. Then, respond to each of the following:

• Summarize the key points of the article you chose.
• Discuss the business plan related from the article. What state and federal regulations impacted this particular scenario describe in the article?
• What were the obstacles? How were they and/or could they be overcome?
• What are the implications for your own future practice or a practice in your area/region?

Part 2-

1. Identify reimbursement practices needed for the business of healthcare practice with NPs.
2. Examine diagnostic and procedural coding. What are the differences and how do offices use them in day-to-day practice? Give an example of 2 different types of visits. For example, a middle-aged patient coming in for a well-visit who has diabetes.
3. Discuss the credentialing information needed for NPs for a credentialing application for billing purposes.
4. What are the dangers of over and under coding?

Please see the below Articles:

AANP. (2021). Business Resources for Nurse Practitioners (NPs): Resources for the Business Side of Health Care. Retrieved from

Hahn, J. A., & Cook, W. (2018). Lessons Learned from Nurse Practitioner Independent Practice: A Conversation with a Nurse Practitioner Entrepreneur. Nursing Economics, 36(1), 18-22.

Johnson, J. E., & Garvin, W. S. (2017). Advanced Practice Nurses: Developing A Business Plan for an Independent Ambulatory Clinical Practice. Nursing Economics, 35(3), 126-133,141.

Muir, K. J. (2019). Historical Perspectives Informing Modern Day Nursing Innovation and Economics. Nursing Economics, 37(6), 284.

Sheffield, A. J. (2019). Improving Access to Health: A Business Plan Approach to Creating a Sustainable Nurse-Led Community Clinic. Nursing Economics, 37(6), 306-316. https://www.proquest.com/scholarly-journals/improving-access-health-business-plan-approach/docview/2328559914/se-2?accountid=137164

Notes:

• Be sure to address all elements.
• Response must include a minimum of 250 words in the initial post which does not include quoted material and required references.
• Minimum of two scholarly sources are required: a) one in-class source that must be referenced and cited and b) one outside scholarly sourcereferenced and cited.