The Budget Committee of a Hospital Is Holding the First

question 7

Multiple Choice

The budget committee of a hospital is holding the first meeting of the budgetary cycle in two weeks. The finance department is preparing an information packet to be distributed to members. What statistical information should be included? Note: Credit will be given only if all correct choices and no incorrect choices are selected. Select all that apply.

• A) The average daily census for the facility over the last year
• B) Current community wage ranges for employee classifications
• C) Changes in accrediting body or legislative regulations
• D) Number of nurses whose employment was terminated for cause over the last year
• E) Current staff mix across the hospital

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Definitions:

Labor Cooperation

The collaboration between workers, unions, and sometimes employers, to achieve shared goals, improve working conditions, and enhance productivity.

U.S. Companies

Corporations, businesses, or enterprises that are founded, headquartered, or primarily operate in the United States.

Charter

A formal document or grant bestowing rights, privileges, or authority, often used to establish towns, cities, organizations, or institutions.

Fundamental Rights

Basic human rights recognized and protected by law, including freedom of speech, religion, and the right to privacy, often enshrined in a nation's constitution.