NURS 3110 Quiz: quiz 4:11
25 Jun 2019
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Document Summary
For today"s quiz, you should know the steps in the reimbursement process, methods of setting charges, time frames for the different kinds of planning, the first step in strategic planning, and the outcome of strategic planning. The quiz will be the first thing in class, and you"ll have 15 minutes. Time frames for different kinds of planning: planning horizon typically planned a year at a time, strategic vs. Incremental: take existing budget and add to it, typical budget: zero-base: start with zero each year and build from there, comprehensive vs. limited-in-scope, limited: only in one nursing unit, comprehensive: hospital wide, fixed vs. Flexible: flexible: most budgets are flexible, discrete vs. Continuous: discrete: one month budget, continuous: one year budget, makes more sense. First step in strategic planning: validate mission and strategic interpretations. Outcome of strategic planning: value lies in its systematic approach to dealing with an uncertain future, effective strategic planning has the following benefits:
