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Economics

12/10/2020 Client: accounting123 Deadline: 2 Day


  • 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?

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