A hospital has used capital funds to purchase a new piece of ...

[oliviahorn72]

A hospital has used capital funds to purchase a new piece of diagnostic equipment. The hospital's chief financial officer (CFO) says, The cost of this equipment will be expensed out across all units that use it.
 
   How should the nurse manager interpret this statement? 1. The equipment is jointly owned by all units that use it.
  2. If clients on the manager's unit require the use of this equipment, a portion of the cost will be charged to the unit.
  3. The equipment will be rented to the units for use.
  4. The nurse manager will ask physicians to refrain from using the equipment.

Question 2

The finance department of the hospital has distributed information for the next budget cycle that includes a projected 0.19 inflation factor in the cost of water.
 
  If the hospital spent 285,000 on water last year, the projected cost of water for this year would be _______. Standard Text: Fill in the blank(s) with correct word

[swimkari]

Answer to Question 1

2
Rationale 1: The equipment is owned by the hospital.
Rationale 2: The cost of the equipment will be spread out among the budgets of all the units whose clients require its use.
Rationale 3: The equipment is not rented to the units for use, but the unit must share in the cost to use the equipment.
Rationale 4: It is not appropriate for the nurse to attempt to influence care based upon having to pay for equipment.
Global Rationale:

Answer to Question 2

339,150
Rationale : To figure the cost of water for the coming year, take this year's cost and multiply it by the inflation factor plus 1.0. In this instance 225,000  1.19 = 339,150.
Global Rationale: