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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 un

                                                   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

  1. Direct RN hours: 1705.2

2. Direct NA/Tech hours (staff that flex in the VSP): 820.4

3. Total Direct hours (e.g., RN and NA/Tech hours): 2525.6

4. Total Indirect hours (e.g., manager, clerks, etc.): 400.4

5. Total Worked, or Productive hours: 2926.0

6. Total nonproductive hours: 511.38

     Benefit hours for time paid but not worked: 351.12

     EMO hours: 160.02

7. 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

1. Includes justification of correct answers with adequate explanation.

2. Reference must be written in APA 7th Ed /Italics as needed.

3.  Mechanics – Free of errors in grammar, punctuation, spelling, and/or APA format. 

4. Type reference in accordance to APA 7th Edition. Apply Italics

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