What is it important for a nurse leader to understand variance reporting? How does this reporting become a valuable tool?

What is it important for a nurse leader to understand variance reporting? How does this reporting become a valuable tool?

  • 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.

ASSIGNMENT 2

Assignment:

Exercises:

  1. How has the role of the strategic planner changed over the past several decades? What new skills will be essential for the strategic planner?
  2. How does the scanning process create a “window” to the external environment? How does the window concept help in understanding organizations and the types of information they produce?

Professional Development:

  1. Using the questions listed in Exhibit 2-8 (p. 68), as your basis discuss strategic assumptions and how you would respond to them in a strategic planning assessment.

Ginter, P. M., Duncan, W. J., & Swayne, L. E. (2013). Strategic Management of Health Care Organizations (7th ed.). San Francisco: Jossey-Bass. (Chapters 1 and 2)

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