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

question 21

Multiple Choice

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.

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Definitions:

Final Substage

The last phase or period in a series of developmental stages or processes, indicating the completion of a certain developmental sequence.

Mental Representation

An internal image or symbol of external reality, created by the brain.

Modes of Thought

Refers to the different ways in which individuals think and perceive the world, influenced by their cognitive abilities, experiences, and cultural backgrounds.