NR533 Week 7 Assignment: Business Plan Assignment (2 VERSIONS).

NR533 Week 7 Assignment: Business Plan Assignment (2 VERSIONS). Running head: BUSINESS PLAN 1 Business Plan Student Name Chamberlain School of Nursing NR533 Financial Management in Healthcare Organizations February 21, 2021 BUSINESS PLAN 2 Business Plan A business plan is a convincing written document that clearly outlines its goals, purpose, and objectives which the creator is attempting to be obtained. Developing a business plan per Johnson & Garvin 2017, and Sherman, 2016 is written in a timeline as a set of events that paints a story for shareholders to envision. As master's prepared nurse executive, it is essential to develop business plans and proposals to create and implement change processes. These change methods need improvement to provide critical patient-safety top-quality care, which builds necessary practical skills that empower teams to be involved with daily functions and make essential improvements with those broken processes. Medication errors have been defined as any avoidable occurrence that may produce or lead to improper medication use or patient injury. Perioperative medication administration is different than regular patient care units. Spruce 2020 reports that some perioperative settings have practices and situations deficient in standardized ordering and documentation, several persons handling medications on the surgical field before administration, lack of licensed pharmacist management, and deficiency of standardized medication-labeling practices. Reports in the literature document medication errors occurring after transferring medications to the sterile field and when on the sterile field; these include incorrect medications drawn from unlabeled syringes on the sterile field. (Spruce, 2020, Merry, Shipp & Lowinger, 2011, Narendra, Biradar & Rao, 2014). Spruce, 2020, Wahr et al. 2017, medication errors can be due to human error. An estimated 100,00 to 400,00 healthcare-related deaths occur in the USA annually. Medication errors from the perioperative department account for 5.3% of this number. BUSINESS PLAN 3 Proposal Since the Institute of Medicine’s report To Err Is Human: Building a Safer Health System in November of 1999, 98,000 yearly deaths are related to mistakes made by people working in healthcare. Medication errors accounted for 563 (7.9%) of the 7,288 patients, which The Joint Commission reviewed from the 7,147 sentinel events from 1995 to 2010. As a master prepared nurse, I propose to prevent medication errors in the operating room. Steps to include medications, strengths, dosage, concentration in the surgical timeout, requiring surgeons to place medication orders or build order sets for surgical procedures in the computerized provider order entry (CPOE) system, and have all compounded medications dispensed by the pharmacy.