NRBS4360 Medgar Evers College Managing Costs and Budgets Case Discussion
Read the following case studies then read the following chapters answering the questions while referencing to the chapters. I WILL UPLOAD THE CASE STUDIES ALONG WITH THE CHAPTERS.
(Textbook-Yoder-Wise, 6th edition)
Instructions:
Read assigned Chapters 12, 14, & 15.Answer all the questions below related to each chapter assigned. Submit your response in a designated “drop box” in Blackboard on Friday, July 26, 2019 at 11:59 pm
Chapter 12: Managing Costs and Budgets
Case Study 1
Andrew RN, MSN, is the new nurse manager for a long-term care unit in a rural community hospital. The deadline for the next year’s budget proposal is 6 weeks from now. Andrew is aware of the current reimbursement schema and performance requirements by the Center for Medicare and Medicaid Services (CMS), research about concerns of staff nurses having a voice in decisions, research about the differences between Magnet facilities and facilities without that designation, and the organizational “politics” of submitting a budget request.As is true of the other units within the hospital, this unit experiences staffing problems. Andrew decides that the staff should be involved in creating the budget request.
Questions
What typical reports would it be useful for him to share with the staff so that they have a clear perspective on the current financial situation?
