How does the reporting become a valuable tool

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Question: 1- What is it important for a nurse leader to understand variance reporting? How does this reporting become a valuable tool?

2- Because staffing is usually the most expensive resource in the provision of care, what reports would provide you with valuable information for this expense?

3- Contract labor is usually the most expensive man-hours. Why?

4- What is a cost-to-charge ratio? Why should a nurse manager understand this ratio, and how would he or she use it?

5- Finance departments regard nursing units as not being revenue generators. Why do you believe they are inaccurate in their assessment?

6- In the new value-based reimbursement environment, what other measures can a nurse manager take to enhance reimbursement and prevent revenue loss?

Reference no: EM132662213

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How does the 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.
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