Chapter 8 Flashcards
Includes required supplies, equipment, and support for the physical setting to provide patient care
Operating budget
Includes required personnel to provide and support the identified patient care
Personnel budget
Source of funding these items is the previous year’s organizational profits; funds larger objects that generally exceed a certain cost and are expected to last beyond 1 year
examples: diagnostic equipment, furniture , and technology hardware and software
Capital budget
Combines graphics and numbers to quickly display important data elements
Dashboards
Occurs in levels of competence, responses to treatments, timing of interventions, and communication styles
Natural variances
Those that one wants to eliminate; such as errors, lack of knowledge, or ineffective scheduling
Artificial variances