NR 711 Week 6 Discussion; Financial Analysis.

NR711 Week 6 Discussion: Financial Analysis Resources and Estimated Expenses ResourceDescription Estimated Cost ($) Staffing 2 RNs (3 hours per week for 12 weeks at $50/hour) $3,600 Patient Education Brochures, posters, and digital resources $800 Materials Meeting Space Facility conference room rental for patient $600 sessions Data Analysis & Statistician consult (5 hours at $80/hour) $400 Evaluation Technology Support Telehealth integration for follow-up visits $1,200 Supplies BP monitors for high-risk patients (10 $500 devices at $50) Marketing & Outreach Flyers, email campaigns, and patient $500 reminders Miscellaneous Costs Refreshments for educational sessions $300 NR711_Week6_Discussion_MAR23 Total Estimated Expenses: $7,900 Revenue Sources Revenue SourceDescription Estimated Amount ($) Institutional Budget Support Facility covering staff salaries and meeting space $4,200 Grant Funding Patient education and technology support grant $2,000 In-Kind DonationsLocal pharmacy donating BP monitors$500 Community Health Initiative Funding for patient outreach materials$1,200 Total Estimated Revenue: $7,900 Budget Balance Total Revenue−Total Expenses=7,900−7,900=0 Budget Estimate for Practice Change Project NR711_Week6_Discussion_MAR23 EXPENSES REVENUE Direct Institutional Budget Support $4,200 Staffing $3,600 Grant Funding $2,000 Patient Education