Nr533 week 4 Study guides, Class notes & Summaries

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 writt...

4. Analyze all the factors that made the differences and why the variances occurred. How can this variance be justified? The unit experienced the significant efficiency variance because either it received more patients than budgeted or that the average length of stay increased which resulted in more patient days than projected. The quantity variance on the other hand was due to an increase in the hours of care per patient day. This means that the patients in the unit during the period required ...

NR 533 Week 4 Assignment: Staffing Budgets/FTEs/Variance Analysis.

NR 533 Week 4 Discussion: Staffing Ratios.

NR533 Week 4 Staffing Assignment Guideline and Rubric.

NR 533 Week 4 Assignment; Staffing Budgets-FTEs-Variance Analysis Assignment (2 Version)

Staffing is one of the largest expenditures for healthcare organizations. It stands to reason that for some organizations a mandatory staffing ratio could negatively impact their financial bottom line. Sometimes ratios can be different within an organization based on acuity of patients or type of unit. Explore your own organization staffing ratio policy. What is/are the ratio(s) and how they are determined? What variables affect the ratios? Have they been mandated by state legislation or organiz...