The invasive radiology department has just purchased a piece…

The invasive radiology department has just purchased a piece of equipment that enables it to perform many procedures faster. One of the results of this improvement is that the department is able to schedule 20% more cases on an average weekday. During the preplanning of this improvement, the director of short stay was not included and was told her staffing needs might increase by 10%. After the first month of the use of the new equipment, the short stay unit had the following variances.  Which of the variances are positive? Which of the variances are negative? What does the director need to report to senior leadership as to what has happened and why, and what she is doing to make appropriate adjustments?   Budget Actual Variance Volume (patients) 1,000 1,200 200 Overtime hours (staffing) 50 75 25 Supplies 5,000 5,100 100

Using the information in the table, complete the blank colum…

Using the information in the table, complete the blank columns by calculating the variance (both positive and negative) for each month’s patient days and nursing hours.            A. Enter your answers in the blank columns.    B. Identify if it is a Positive or Negative Variance                                                                                                                                                                                                                              Month Actual Patient Days Budgeted Patient Days Variance Actual Nursing Hours Budgeted Nursing Hours Variance 1 January 1,116 1,116   10,965 10,044   2 February 1,030 1,008   10,209 9,074   3 March 974 896   8,060 8,064   4 April 876 960   8,560 8,640   5 May 930 868   7,739 7,812    

Calculate the Nurse Practitioner’s worth to the practice. A….

Calculate the Nurse Practitioner’s worth to the practice. A. Calculate the Percentage of visits for each row. (1 point per answer) B. Calculate the total amount reimbursed per week. (1 point per answer) C. If she works 5 days a week and sees 75 patients per week What is her average number of patients per day? (2 point) D. Jane is allowed 2 weeks’ vacation and 2 weeks of sick/holiday time. Of her total revenue per year, 50% covers additional expenses for the clinic. What is the amount left that would contribute to salary and profits? (2 point)   Percentage of Visits Average Reimbursement per Visit Amount Reimbursed per Week Straightforward 10% of 75 = $30   Low 35% of 75 = $50   Moderate 35% of 75= $75   High 20% of 75 = $100   Totals 75 visits/week Average reimbursement/visit $68.50  

In Chapter 6, review the Rehab Center SNF Project: The propo…

In Chapter 6, review the Rehab Center SNF Project: The proposed budget for this project is shown in Table 6.5.  A. Referring to Table 6.5, what are the estimated personnel costs for this business plan? B. What are the estimated non-personnel and total costs? C. How do these costs compare to the expenses estimated in Table 6.5 for uncomplicated hip replacement SNF at Home services? D. Medicare reimbursement for SNF at Home cardiac rehabilitation services is estimated at $7,600 for 2023. What is the estimated profit (or loss) if this business plan is implemented? E. The DNP estimates 85 cases will be served over 2023. What are the annual total costs, Medicare reimbursement and profit (or loss) for 2023? Is this business plan feasible?