- What is an example of cost information that is adequate for reporting purposes but perhaps inadequate for managers and executives? Use different
examples than those provided in the chapter. - Why don’t health care organizations use the most accurate costing techniques available?
- What is wrong with allocating costs such as nursing on a per diem basis?
- What are the total financial requirements of a health care organization?
- What are the minimum data that a nurse manager would need about a nursing unit for which he or she is responsible?
- As the manager, you can now determine the staff mix. What data do you need to decide on the appropriate staff mix?
- What is the Medicare step-down approach?
- Describe the four approaches to allocating a revenue center’s costs to units of service.
- What costs should be included in determining the costs of nursing care?
- What is product-line costing?
- What are the factors associated with the retention of professional nursing staff?
- How does a nurse manager determine the cost of turnover?
Sample Solution
