Within a Healthcare Environment,where the Gap Between Revenues and Costs

question 24

Multiple Choice

Within a healthcare environment,where the gap between revenues and costs can mean the difference between sustainability of an organization and nonsustainability of an organization or services,it is critical for nurse managers to:

• A) maintain a clear vision of how to trim healthcare 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:

Leadership Model

A framework or theory that describes how leadership is exercised, including the behaviors, traits, and styles effective leaders adopt.

Leader-Member Relations

The dynamics and quality of the interaction and communication between a leader and their team members.

Fiedler's Contingency Model

A leadership theory proposing that a leader's effectiveness is contingent on the compatibility between the leader's style of leadership and the demands of the situation.

Low-Task

Describes a situation or job that requires minimal cognitive or physical effort, typically involving routine or simple activities.