The TIGER initiative’s purpose, history, and development. How informatics and technology are utilized in integrating health data in nursing…

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Question Answered step-by-step 1. The TIGER initiative’s purpose, history, and development.2. How informatics and technology are utilized in integrating health data in nursing organizations. https://www.himss.org/professionaldevelopment/tiger-initiative Health Science Science Nursing NURSING 101 Share QuestionEmailCopy link Comments (0)

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Question Answered step-by-step You are the manager of a medical/surgical unit. Today is April 1stst , and the fiscal year began on July 1. You work with three types of budgets for your unit: personnel, operating, and capital. You have the opportunity to make changes to the current budgets based on the unit's variance analysis. You cannot go over the total budgeted amount assigned to you. Your budget is presented below:              Annual Budget   Expended in March.  Expended Year to Date.  Amount Remaining  Personnel 400,000.         30,000                                275,000                       125,000overtime       50,000            2,000                                  50,000                             0supplies         30,000            3500                                  25,000                         5,000travel              1,000                  0                                        300                              700Equipment      6,000                0                                     6,000                                 0staffeducation        2,000          300                                        1200                               800      Things you must consider as a manager:A changing staffing pattern has been noted with a higher acuity on your unit. Your staff andassistant managers are requesting more staff.The unit is starting a trial medication that requires the use of high-tech pumps. The risk management department has requested that these pumps be available before the trial begins so that staff are familiar with them. The trial medication is to begin in one month. Each pump costs$4,000 and with the volume of anticipated patients that will be receiving themedication, three pumps have been requested.You have noted that utilization of supplies has been increasing over the past two months, increasing the cost of supplies. With the increased usage of supplies, you note that there seems to be a direct correlation with an increased number of pressure injuries on the unit.A request has been made by three nurses to attend a pressure injury seminar at a two-dayconference in two months. The registration fee would be $400 per person. The projected total costfor the conference is $1,800.  Your presentation should address the following:How will you address these requests based on the budget provided?Which expenses would you defer to a new fiscal year?How accurate were the budget projections? Which budgeting category was predicted most accurately and which was most inaccurate?What budgeting methods can be used and how do they apply to this case?What factors would need to be considered to calculate year-to-date variance for eachcategory? What factors may have contributed to being over budget as determined by variance?What steps can be taken in the 4th quarter to accommodate and adjust the budget?   chapter 10, 15 Marquis and Huston, Leadership Roles and Management Functions in Nursing Kolakowski, D. (2016). Constructing a nursing budget using a patient classification system. Nursing Management, 47(2), 14-16.  Health Science Science Nursing NUR 428 Share QuestionEmailCopy link Comments (0)
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