The primary reason for calculating productive hours paid instead of simply calculating work paid per year is that productive hours enable the manager to:
a. Anticipate total costs for patient care.
b. Know how much time staff will likely be unavailable because of illness.
c. Determine when orientation needs to occur for new staff.
d. Determine the number of hours available for patient care.
Question 2A nurse manager is planning to request three new infusion pumps at a cost of approximately 1500 each. This item would typically be included in which budget?
a. Operating
b. Strategic
c. Unit of service
d. Capital
Question 3In preparing her budget, a nurse manager determines that she needs to budget for six FTE RN positions in the upcoming year. Based on a 40-hour week, this means that the nurse manager has determined that the budget will provide for _____ hours.
a. 12,480 productive
b. 10,820 productive
c. 12,480 paid
d. 10,800 patient care
Question 4In preparing her budget, a nurse manager determines that she needs to budget for six FTE RN positions in the upcoming year.
The nurse manager determines that RN 1 has 5 weeks of vacation and 3 days of education, and has averaged 3 sick days a year. RN 2 has 6 weeks of vacation, has asked to attend a 3-day conference and a 2-day workshop, and has no history of sick time. RN 3 is new, and you anticipate 3 weeks of orientation, as well as 4 weeks of vacation. RN 4 has 6 weeks of vacation and has an ongoing health condition, so you anticipate 2 weeks of sick time, as well as 3 days for education. RN 5 has 5 weeks of vacation, has no education planned, and averages 5 sick days per year. RN 6 has 6 weeks of vacation, has no educational opportunities planned, and has been off ill for 4 weeks. How many hours of productive paid time can be anticipated for the budget?
a. 12,480
b. 11,200
c. 10,848
d. 10,688
Question 5Of the following, which is the most effective strategy that a nurse manager could employ to reduce unnecessary costs in specific healthcare settings?
a. Training nurses on accurate documentation of supplies used for patient care
b. Reducing the number of overtime hours worked by staff
c. Reducing the number of staff on a unit
d. Making decisions for patients about which care is important to their health