HEALTHCARE FINANCE IN ADVANCED NURSING (NURS-8143)
Question:
Go to page 152 of your text (Financial and Business Management for the Doctor of Nursing Practice), Chapter 5). Read the scenario under Critical Thinking Exercises ( 1 ) and complete the HPPD Table for the Telemetry Unit. Be sure to include your work and include a reference (Text and any other source if used).
Critical Thinking Exercise Table of Hours Classifications for HPPD Calculations
Pay Period Hours HPPDs
Budget Average Daily UOS is 20/day X 14 = 280
Direct RN hours: 1705.2 2. Direct NA/Tech hours (staff that flex in the VSP): 820.4
- Total Direct hours (e.g., RN and NA/Tech hours): 2525.6
- Total Indirect hours (e.g., manager, clerks, etc.): 400.4
- Total Worked, or Productive hours: 2926.0
- Total nonproductive hours: 511.38
Benefit hours for time paid but not worked: 351.12
EMO hours: 160.02
- Total paid hours: 3437.38
Source: Suby, C. (2021b). Labor Management Institute’s Clinical Staffing and Scheduling Certification. Labor Management Institute Bloomington, MN: Labor Management Institute. Reproduced with permission.
TEXTBOOK: FINANCE
Waxman, K. T. & Knighten, M. L. (2023). Financial and business management for the doctor of nursing practice (3rd ed.). Springer Publishing Company.
RUBRIC
- Includes justification of correct answers with adequate explanation.
- Reference must be written in APA 7th Ed /Italics as needed.
- Mechanics – Free of errors in grammar, punctuation, spelling, and/or APA format.
- Type reference in accordance to APA 7th Edition. Apply Italics