Financial Management Principles

The purpose of this assignment is to prepare students to make staffing decisions based on sound financial management principles and compliance guidelines.Scenario: You are the nurse leader of a 30-bed medical surgical unit and have to account for all staffing, including any discrepancies. Using sound financial management principles, complete the “NUR-621 Topic 8: Staffing Matrix” in the provided excel template.After completing the matrix, compose an 1,000-1,250-word reflection answering the following questions:Why is it important to use a staffing matrix in your health care setting?Briefly describe your staffing matrix. How many FTEs (full-time equivalent) on the staffing roster are required to cover daily needs? What units of services or work measurement did you use and why? What financial management principles did you use to determine your staffing matrix?Explain how you adjusted your staffing based on changes in the patient census.You receive your financial report for the month. You have used more FTEs than what was budgeted for your census. How will you make up the variance? How would you reallocate resources to make up for the variance and still comply with guidelines?Include two to four peer-reviewed references in your essay

Struggling to find relevant content? Order a custom essay on
Financial Management Principles
Let our experts save you the hassle
Order Now
Calculate the price
Make an order in advance and get the best price
Pages (550 words)
$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
Sign up, place your order, and leave the rest to our professional paper writers in less than 2 minutes.
step 1
Upload assignment instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
s
Get personalized services with GPA Fix
One writer for all your papers
You can select one writer for all your papers. This option enhances the consistency in the quality of your assignments. Select your preferred writer from the list of writers who have handledf your previous assignments
Same paper from different writers
Are you ordering the same assignment for a friend? You can get the same paper from different writers. The goal is to produce 100% unique and original papers
Copy of sources used
Our homework writers will provide you with copies of sources used on your request. Just add the option when plaing your order
What our partners say about us
We appreciate every review and are always looking for ways to grow. See what other students think about our do my paper service.
Social Work and Human Services
Thank You!
Customer 452587, November 17th, 2021
Wellness
The skilled writer did a GREAT job on assignment. There are a few details I will add, but overall very happy with their work. Thank you
Customer 452547, June 13th, 2021
Other
OK
Customer 452813, July 3rd, 2022
Social Work and Human Services
Excellent Work
Customer 452587, November 22nd, 2021
Other
great
Customer 452813, July 5th, 2022
Criminal Justice
Impressive! Will be using the service again.
Customer 452485, December 5th, 2021
English 101
Although a little late, the content and structure of the paper was great! I would definitely use this writer again!
Customer 452561, July 12th, 2021
Other
AWESOME
Customer 452813, June 30th, 2022
Nursing
A-1 service every single time!!!
Customer 452453, July 27th, 2021
Nursing
Thank you for the outstanding work .
Customer 452635, June 5th, 2022
Nursing
Thank you for helping with my assignment.
Customer 452707, July 8th, 2022
Nursing
This is great! Thank you
Customer 452679, December 16th, 2021
OUR GIFT TO YOU
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat
error: Content is protected !!