This topic contains a solution. Click here to go to the answer

Author Question: The CFO (chief financial officer) is reviewing the previous years revenue. The CFO voices concerns ... (Read 100 times)

haleyc112

  • Hero Member
  • *****
  • Posts: 600
The CFO (chief financial officer) is reviewing the previous years revenue. The CFO voices concerns regarding decreased revenue projections for the year. The CNO (chief nurse officer) should examine the:
 
  1. Capitation rates for the year.
  2. Payer sources for the month.
  3. Volume and mix of clients for the year.
  4. Medicare reimbursement rates.

Question 2

For the nurse to effectively and legally delegate, which document must be consulted and followed to reduce the likelihood of liability?
 
  1. The American Nurses Association Bylaws
  2. The National Council of State Boards of Nursing
  3. The regulations of the state nurse practice acts
  4. The rules of the governing specialty organization



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

duke02

  • Sr. Member
  • ****
  • Posts: 312
Answer to Question 1

3
Explanation: 1. Capitation rates are paid to a health care provider whether services were provided. Payer
sources are those categories in which the facility has obtained payment. Volume and mix of
clients is helpful in determining revenue projections. A higher volume of outpatient
procedures compared to a higher volume of Medicare clients can increase the revenue for the
year. Comparing the volume and mix of clients will help analyze why revenue is up or down.
Medicare reimbursement rates are important to consider but the CNO and CFO have to look at
all sources of income.

Answer to Question 2

3
Rationale 1: The ANA Bylaws do not set out legal rules or regulations for delegation.
Rationale 2: NCSBN does not set the legal rules and regulations of delegation.
Rationale 3: Nurses in each state are governed by their own state's nurse practice act, and these regulations must be consulted and followed.
Rationale 4: Specialty organizations do not set the legal rules and regulations of delegation.
Global Rationale:




haleyc112

  • Member
  • Posts: 600
Reply 2 on: Jul 8, 2018
:D TYSM


miss_1456@hotmail.com

  • Member
  • Posts: 289
Reply 3 on: Yesterday
Excellent

 

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

For a complete list of videos, visit our video library