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Year One Year Two Year Three Year Four Total Revenue $100,000 $150,000 $200,000 $250,000 $700,000 Costs
$150,000 $150,000 $150,000 $150,000 $600,000 $60,000} $0 $50,000 $100,000 $100,000 4. Mr. Richman has
offered to give the New Life Hospice Center $100,000 today or $300,000 when he dies. If the hospice… Show more

 

1.    Discuss Zero-Based Budgeting (ZBB) and how the nurse leader would integrate this technique into his/her daily practice.

 

2.    You are asked to generate items for inclusion in the capital budget. Please include all steps needed for the capital budgeting process including justification and evaluation of proposals.

 

 

3.    Net Present Value and Internal Rate of Return. Below are the projected revenues and expenses for a new clinical nurse specialist program being established by your healthcare organization. The nurses would provide education while patients are in the hospital and home visits are on a fee-for-service basis after patients have been discharged

Should the hospital undertake the program if its required rate of return is 12%?

Note: it must be assumed that the revenues and costs in this problem represent cash flows. Present value analysis is based on cash, not revenue or expenses. Provide a response to support the findings in the table listed below. Your response should be at least a half page long in addition to the table. Please include citations.

 

 

Year One

Year Two

Year Three

Year Four

Total

Revenue

$100,000

$150,000

$200,000

$250,000

$700,000

Costs

$150,000

$150,000

$150,000

$150,000

$600,000

 

$ <50,000>

$0

$50,000

$100,000

$100,000

 

4.    Mr. Richman has offered to give the New Life Hospice Center $100,000 today or $300,000 when he dies. If the hospice center earns 14% on its investments, and it expects Mr. Richman to live for 12 years, which alternative should they take? Take the gift now or later?

Discuss in narrative and include your calculations and citations with your answer.

 

5.    Your hospital has built a new freestanding facility that includes a 36- bed medical telemetry care unit. The patients and staff from the existing smaller units will be combined into the new unit. The current budget for each of these units is:

 

 

Unit A

Unit B

Average Daily Census (ADC)

11.9

22.0

Acuity

1.6

1.85

Workload

3.8

3.6

Productivity – %

19.0

16.5

 TABLE IS ATTACHED IN PICTURE

The budgets of the two units will be combined with no changes. Calculate the budget for the new unit including the ADC, acuity, workload, hours per patient day (HPPD), shifts/24 hours, productivity factor and variable direct care full time equivalents (FTEs). Please show all work.

 

SCIENCE
HEALTH SCIENCE
NURSING
NURS 523

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