The CFO (chief financial officer) is reviewing the previous years ...

[haleyc112]

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

[duke02]

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]

Excellent

[bigcheese9]

TYSM