Unit 8

Question 1

y build their businesses to develop and distribute medical products or
devices, offer direct patient care or patient advocacy, educate or train other professionals or
community members, or provide health care-related consultation, among other functions.

Answer 1

Nurse entrepreneurs

Question 2

Nurses must be able to communicate with professionals and patients
from a wide range of backgrounds daily.

Answer 2

Communication

Question 3

Long shifts, tough situations and the drive to help others give nurses
perseverance that is hard to match. Nurses know that challenges will be put in their path, and
they’re skilled at finding ways to overcome them. This is an admirable trait in an entrepreneur.

Answer 3

Perseverance

Question 4

MELISSA GERSIN,

Answer 4

TRANQUILO

Question 5

Roles and Duties of a Nurse Entrepreneur

Answer 5

 Use nursing education and experience to establish their own business venture within the
healthcare field
 Promote the business, including advertising and sales efforts to attract and retain customers
 Hire and manage employees to assist in running the business as needed
 Tend to the financial side of running a business, including accounting, payroll and tax issues
 Provide healthcare products or nursing services which may include direct patient care,
education or consulting services, home health services.

Question 6

Outside of all the scientific
knowledge nurses must possess, they also have a plethora of skills they use in their professional
nursing careers that help them transition perfectly into the entrepreneur role. Here are a few:

Answer 6

Communication
Organization
Adaptability
Industry knowledge.
Perseverance

Question 7

Nurses learn to be incredibly organized because their patients’ well-being
depends on it. These organizational skills make them incredible business leaders who can
keep track of many moving pieces.

Answer 7

Organization

Question 8

recommended identifying a problem in the health care field that
which they have the skills to fill, creating a business idea to help alleviate the problem, identifying
their target market and studying their competition before they start a nursing business

Answer 8

Nurse Buff blog

Question 9

As a maternity nurse and certified infant crying specialist. saw
new parents struggling with colicky babies. She felt it was her life’s mission to help these
parents overcome the challenges of the newborn days

Answer 9

MELISSA GERSIN

Question 10

Keith Carlson podcast called

Answer 10

The Nurse
Keith Show,

Question 11

a continuation of care our loved one
might have received or needed in an inpatient care placement

Answer 11

Home healthcare, or skilled care receive at home

Question 12

Although there are many examples of nurse entrepreneurs even from the earliest days of the
profession, including **

Answer 12

Florence Nightingale and Clara Barton,

Question 13

Nurses have to think on their feet and adapt quickly, traits that allow them to be successful
business owners.

Answer 13

Adaptability

Question 15

is a person who has great innovative ideas that can identify a need to create a
business in order to fill a void

Answer 15

entrepreneur

Question 16

Pocket
Nurse offered one product, a *** that included bandage scissors, a hemostat, an
integrated penlight and a nameplate. Now, the company offers more than 5,600 products
including nursing simulation tools and medical supply solutions.

Answer 16

pocket organizer

Question 17

The company makes
products specifically designed for premature infants, such as diapers, positioning solutions
and pacifiers.

Answer 17

Small Beginnings, Inc.

Question 18

Sharon Rogone worked as a NICU nurse in the .

Answer 18

1980s

Question 19

In
order to receive Medicaid or Medicare, they also have to meet certain standards set out by the ***

Answer 19

Centers
for Medicare & Medicaid Services (CMS).

Question 20

Keith Carlson a freelance writer while maintaining his blog called

Answer 20

Digital
Doorway

Question 21

For aspiring entrepreneurs, the following businesses are among the many growth opportunities within
the healthcare industry:

Answer 21

Home Health Care
Medical Transcription
Medical Supply Sales.

Question 22

According to the Bureau
of Labor Statistics, the number of people in healthcare occupations is projected to grow ** by 2026,
adding nearly 2.4 million new jobs. T

Answer 22

18%

Question 23

meet patients in their homes to provide skilled
nursing care including medication administration, changing dressings, treatment and other nursing
interventions. T

Answer 23

Visiting nurses, also called homecare nurses

Question 24

one of the first responsibilities of visiting nurses. Patient who are
receiving care in the community are usually not as sick as those in the hospital, but they are
less likely to have safeguards in a place.

Answer 24

Assessment

Question 25

Research based on data from Census Bureau and the Internal Revenue Service between 2007 and 2014 revealed that entrepreneurs were 125% more successful if they had previous jobs, especially in the field where they were starting a business. That means, nurses have a good chance of succeeding when launching nursing related businesses given their background in the health care field.

Answer 25

T r a n sl a t i n g a N u rsi n g Ba c k g r o u n d t o Bu si n e ss

Question 26

Since its founding in 1981, the company has grown significantly into a huge operation. Sharon and her products were added to the **

Answer 26

Smithsonian archives in 2008.

Question 27

Home care professionals must strictly adhere to a physician approved plan of care that is deemed medically necessary and updated *** in order for Medicare benefits to continue.

Answer 27

every 60 days

Question 28

worked in various specialties and leadership roles before becoming a nurse entrepreneur. He now helps other nurses navigate their nursing careers with his career coaching business, hosts a podcast

Answer 28

Keith Carlson

Question 29

This helps them when they start a business because they’re able to connect easily with various stakeholders and customers.

Answer 29

Communication

Question 30

means that the agency has met specific federal guidelines and criteria regarding patient care.

Answer 30

Medicare certification

Question 31

The aging population and the chronically ill have a growing need for medical supplies and equipment, including walkers, braces and bedpans. A medical supply business gives entrepreneurs the opportunity to either open a physical store and sell within their community or create an online store and target customers in any location. Market research will be necessary to learn which products are in demand and where, and you'll also need knowledge around quality suppliers and your competition. A

Answer 31

Medical Supply Sales

Question 32

work from home, make your own hours and do almost everything digitally, medical transcription might be the job for you. As an alternative to selling goods, medical transcriptionists sell their services, transcribing voice recordings into written documents for medical records. They are usually employed by hospitals, but physicians' offices and medical labs are also popular options

Answer 32

Medical Transcription

Question 33

Other top Business Ideas for Nurse Entrepreneurs

Answer 33

 Legal Nurse Consultant. ...  Nurse Health Coach. ...  Specialized Care Provider. ...  Wellness Coach. ...  Nurse Blogger. ...  Freelance Writer or Editor. ...  Hospice Caregiver. ...  Childbirth Education or Doula.

Question 34

a very important part of homecare nursing, since family members are more frequently involved in patient care in the home than they are in the hospital. If the family consents and it seems appropriate, involve the family in any needed teaching. Nurse should make sure that the family and patient understand the treatment, why they are getting the treatment, and what type of results they should expect.

Answer 34

Patient teaching

Question 35

Nurses have been on the front lines of the health care industry and understand it in a way that outsiders simply can’t compete with. A

Answer 35

Industry knowledge

Question 36

skilled nursing and other healthcare services your agency provides must be overseen by a team that includes a physician and appropriately qualified nurses, even though your family might not work directly with those medical administrators. They make sure that the home healthcare agency or group can provide a range of services.

Answer 36

Centers for Medicare & Medicaid Services (CMS).

Question 37

It is important not only just the effectiveness of the intervention the nurse is in charge of, but also all the patient’s body systems. It is also important to look at the physical environment as part of the assessment and identify any potential hazards for the patient.

Answer 37

Assessment

Question 38

Tranquilo launched on *** in 2017, and the company has sold tens of thousands of mats since.

Answer 38

Shark Tank

Question 39

saw a need in the nursing realm in terms of simple organization. In 1992, he developed Pocket Nurse.

Answer 39

Anthony Battaglia

Question 40

Aspiring nurse entrepreneurs begin their careers by completing their A

Answer 40

Associate's Degree in Nursing or Bachelor of Science in Nursing degree and pass the NCLEX-RN/Nurse Licensure exam.

Question 41

licensed and usually Medicare certified and accepts other 3rd party billing of health insurances. M

Answer 41

Home Health Agencies

Question 42

Probably the oldest and most familiar provider of home care services

Answer 42

Home Health Agencies

Question 43

This kind of care may be called senior home healthcare or elderly home healthcare.

Answer 43

Home healthcare, or skilled care receive at hom

Question 44

MELISSA GERSIN invention mimics a mother’s womb with vibrations and white noise

Answer 44

Tranquilo mat

Question 45

generally the reason the patient is receiving home care nursing. This might include administering intravenous drugs, changing dressings, maintaining a ventilation system, assessing wound development or changes, and other treatment, as provided through physician orders or established office protocols. Home care nurse will work more autonomously, but still should have access to a continual medical supervision as well as a full set of standing orders, policy and procedures.

Answer 45

Treatment Task

Question 46

.Nursing and entrepreneurship are similar in how they throw constantly.

Answer 46

Adaptability

Question 47

fill the gaps in the current health care delivery system by supporting the development of targeted products and services, enhanced technology, software, and safety systems.

Answer 47

Nurse entrepreneurs

Question 48

Keith Carlson became a nurse in the

Answer 48

mid-1990s

Question 49

While an advanced degree is not required for nurse entrepreneurs to start their own business, many nurses may consider a dual master's degree program in nursing and business administration, in which students complete their

Answer 49

Master's of Science in Nursing and Master of Business Administration degrees simultaneously

Question 50

Anthony Battaglia In **, he developed Pocket Nurse.

Answer 50

1992

Question 51

They may work for a hospital, an independent visiting nurse service, or another community facility such as hospice. The specific responsibilities of a visiting nurse vary from job to job, but some general responsibilities are the same for nearly all homecare nurses.

Answer 51

Visiting nurses, also called homecare nurses

Question 52

KEITH CARLSON,

Answer 52

NURSE KEITH COACHING

Question 53

S U C C ES S F U L N U R SE E N T R EP R E N E U R I D E A S

Answer 53

SHARON ROGONE, SMALL BEGINNINGS, INC. KEITH CARLSON, NURSE KEITH COACHING ANTHONY BATTAGLIA, POCKET NURSE MELISSA GERSIN, TRANQUILO

Question 54

Educational Requirements and Skills of Nurse Entrepreneurs

Answer 54

1. Becoming a Nurse Entrepreneur 2. T r a n sl a t i n g a N u rsi n g Ba c k g r o u n d t o Bu si n e ss

Question 55

Costs for healthcare continue to grow, resulting in an increased demand for low-cost home care solutions. As an owner of a home health care business, you provide professional medical care within a patient's home. These businesses assign professionals to monitor chronic health issues, provide senior care or give day-to-day home assistance like cooking meals, cleaning and changing bandages. Keep in mind that you will need to register with the state to receive funding from Medicare or Medicaid, then obtain certifications and hire a reliable team of health professionals before starting operations.

Answer 55

Home Health Care

Question 56

a proprietor of a business that offers nursing services of a direct care, educational, research, administrative, or consultative nature

Answer 56

Nurse entrepreneurs

Question 57

SHARON ROGONE,

Answer 57

SMALL BEGINNINGS, INC.

Question 58

ANTHONY BATTAGLIA,

Answer 58

POCKET NURSE

Question 59

Research based on data from Census Bureau and the Internal Revenue Service between 2007 and 2014 revealed that entrepreneurs were *** more successful if they had previous jobs, especially in the field where they were starting a business.

Answer 59

125%