NR510 Week 3 Leadership and Role of the Advanced Practice Nurse
Organizational Behavior and Business Influences and Advanced Practice Nursing Case Study
NR510 Week 3 Leadership and Role.You are a family nurse practitioner (FNP) employed as a contract (1099 independent contractor) in a busy primary care practice for 2 years. The providers in the group include one physician, who is also the owner of the practice, and two other nurse practitioners, who are staff employees (W2 employees).
The owner of the practice recently made comments about the need to produce more revenue. You relate with his concerns and feel that you have several strategies that could be helpful. Your contract is up for renewal in 3 months. You are highly satisfied with your job and want to stay with the group. You see 20 patients per day on average and take call every third weekend.NR510 Week 3 Leadership and Role
Discussion Question:
What negotiation strategies should you use to propose a contract renewal? How does your role as a 1099 contractor benefit the practice over the W2 employees? What evidence will you present to the practice to reinforce your value in the practice both in terms of revenue and patient satisfaction? Consider any additional services you may be willing to provide under your contract. Use logical reasoning, and provide evidence-based rationales for your decisions.NR510 Week 3 Leadership and Role
NR510 Week 3 Leadership and Role Answer
As highlighted by Satiani, Nair, Starr, and Samson (2014), success in contract renewal necessitates comprehensive information and a heightened understanding of factors relevant to negotiation. Recognizing this, adequate preparation is imperative to gain a competitive advantage in the negotiation process. In the context of being a Family Nurse Practitioner (FNP), effective preparation involves a profound comprehension of my role and contributions to the overall healthcare organizational framework. To ensure a favorable contract renewal, various strategic approaches must be employed.NR510 Week 3 Leadership and Role
Primarily, I would emphasize to the practice owner the significant impact I’ve had on patient lives during my two-year tenure within the organization. By articulating my valuable contributions, I aim to underscore the pivotal role I play within the healthcare team. Reference to these accomplishments serves not only to remind the owner of my substantial role but also to establish a foundation for justifying the contract renewal. This aligns with the principle that success in negotiations often hinges on a clear presentation of one’s contributions and value to the organization (Satiani et al., 2014).NR510 Week 3 Leadership and Role
Moreover, I would highlight any additional qualifications or certifications acquired during my tenure, showcasing a commitment to professional development that enhances the quality of patient care. This strategic approach aligns with the notion that a well-prepared and qualified healthcare professional is an asset to any organization (Satiani et al., 2014).
In conclusion, effective preparation for contract negotiation involves not only understanding the pertinent factors outlined by Satiani et al. (2014) but also strategically presenting one’s contributions and qualifications. By employing these strategies, I aim to secure a successful contract renewal that recognizes and values my role within the healthcare organization.