Within a health care environment,where the gap between revenues and costs can mean the difference between sustainability and nonsustainability of an organization or services,it is critical for nurse managers to
A) maintain a clear vision of how to trim health care costs.
B) balance value-added services against costs and revenues.
C) consistently delete programs that are of high cost.
D) implement programs that bring in additional revenues.

Question

Quizplus · Accepted Answer

To achieve and maintain financial viability,nurse managers must be able to think strategically in terms of both finance and nursing care.Cutting costs by deleting programs and bringing in additional revenue through new programs and services are not in themselves strategic unless the decisions made lead to quality care,have positive outcomes,and are efficient in terms of cost.

Within a Health Care Environment,where the Gap Between Revenues and Costs