Sandra Chambers has recently accepted the position of assistant administrator for the department of nursing at Potter Regional Medical Center where she will oversee the operations of five medical units. As she evaluates the budgets for the different cost centers, she finds that all are being used at near or full capacity. The activity in four of the five has remained steady over the past 2 years. A fifth unit has realized a steady increase in patient volume during that time and is currently ...

NR 533 Week 7 Business Plan Assignment (Summer 2020), Financial Management in Healthcare Organizations-Chamberlain College of Nursing

NR 533 Financial Management In Healthcare Organizations Week 4 Staffing Budgets FTEs Variance Analysis Assignment Guidelines with Scoring Rubric 2 Purpose This assignment provides learners with the opportunity to apply budgeting knowledge and skills by calculating full-time equivalents for a nursing unit, projecting FTE needs related to census changes, and analyzing a variance scenario. Requirements Description of the Assignment This assignment is in two scenario-based sections each related t...