I have attached what you need. there are two questions that you need to answer and 2 students post for each question that you have to respond.  

 

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Assignment:

• What is it important for a nurse leader to understand variance reporting? How does this reporting become a valuable tool?
• Because staffing is usually the most expensive resource in the provision of care, what reports would provide you with valuable information for this expense?
• Contract labor is usually the most expensive man-hours. Why?
• What is a cost-to-charge ratio? Why should a nurse manager understand this ratio, and how would he or she use it?
• Finance departments regard nursing units as not being revenue generators. Why do you believe they are inaccurate in their assessment?
• In the new value-based reimbursement environment, what other measures can a nurse manager take to enhance reimbursement and prevent revenue loss?

This APA essay will have 1200-1500 words with 4 supporting references. Make certain to include an introduction and conclusion paragraph, along a title and reference page.

 

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Signature Assignment Title: Health Care Finance and Economics

Signature Assignment Description/Directions: Presentation

• Why are balance sheets important to healthcare organization finance and what area of the balance sheet would you consider the most critical?
• Comparing organizational costs, which costs does nursing administration have little control over and why? Which costs would be most important if you are expanding your services and considering quality improvement measures?
• Compare and contrast for-profit and not-for-profit corporate structures based on the information available from a balance sheet and an income statement? Fundamentally, what are the differences?
• Goodwill and patents are considered what types of assets? Give detailed examples and explain.
• Compare and contrast assets which are the essential economic lifeblood of a healthcare organization stability. Give detailed examples and explain.

This PowerPoint® (Microsoft Office) or Impress® (Open Office) presentation should be a minimum of 20 slides, including a title, introduction, conclusion and reference slide, with detailed speaker notes and recorded audio comments for all content slides. Review and use at least four scholarly sources to support your perspective and make certain to review the module’s rubric before starting your presentation.

Leger, M. & Dunham-Taylor, J. (2018). Health care financial management for nurse managers: Merging the heart with the dollar (4th ed.). Boston: Jones & Bartlett.

 

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Assignment:

• Why is it important for the nurse leader to provide a reasonable and fair operation budget?
• Although budget figures are estimates of future projections, why and how should nurse leaders be prepared to explain short-term variations?
• Nurse leaders have many responsibilities when it comes to the development of the budget. What issues would be considered most important for the nurse leader in this process?
• How should a nurse leader prepare to handle minimum staffing requirement costs in the budget process in case this is challenged?
• Besides a department budget approach, what other alternatives are available in the budgeting process?

This APA essay will have 1200-1500 words with 4 supporting references. Make certain to include an introduction and conclusion paragraph, along a title and reference page.

 

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