# Assignment: NURS 4455 Financial Management Case Study

Assignment: NURS 4455 Financial Management Case Study
One of the important duties of a nurse leader is to manage personnel and personnel budgets. In this assignment, you will assume the role of a nurse manager. You will use given data to make important decisions regarding budgets and staffing.
Some nurse managers have computer spreadsheets or software applications to help them make decisions regarding budgets and staffing. You will only need simple mathematical operations* to perform the needed calculations in this assignment because the scenario has been simplified. Furthermore,some data have been provided for you that a nurse leader might need to gather or compute in a real setting. Still, you will get a glimpse of the complexity of responsibilities nurse leaders shoulder regarding financial management.
 To calculate the percent of the whole a given number represents, follow these steps:
Change the percentage to a decimal number by moving the decimal twice to the left (or dividing by 100).
Multiply the new decimal number by the whole.
Example: What is 30% of 70?
30%= .30; (.30) × 70 = 21
 To find out what percentage a number represents in relation to the whole, follow these steps:
Divide the number by the whole (usually the small number by the large number).
Change the decimal answer to percent by moving the decimal twice to the right (or multiplying by 100).
Example: What percent of 45 is 10?
10 ÷ 45 = .222; so, 10 is 22% of 45.
* You will only need addition, subtraction, multiplication, and division.
Assignment: NURS 4455 Financial Management Case Study
Case Study
You are the manager for 3 West, a medical/surgical unit. You have been given the following data to assist you in preparing your budget for the upcoming fiscal year.
Patient Data
Budget based on 6.2Avg.Hours per patient day (HPPD)
(6.2HPPD excludesNurse Manager and unit secretaries)
Staff Data
Total FTEs 40.0 Variable FTEs
1.0 Nurse Manager
2.5 Unit Secretaries
43.5Total FTEs
Staffing Mix
RN 75%
LVN 10%
NA 15%
Average Salary Scale per Employee
Benefits are 35% of annual salaries
Nurse Manager \$76,000.00 per year
Registered Nurses (RN) \$34.00 per hour
Licensed Vocational Nurses (LVN) \$20.00 per hour
Nurse Aides (NA) \$12.50 per hour
Unit Secretary (US) \$11.00 per hour

Struggling to find relevant content or pressed for time? – Don’t worry, we have a team of professionals to help you on
Assignment: NURS 4455 Financial Management Case Study
Get a 15% Discount on this Paper
Calculate the price
Pages (550 words)
\$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
Sign up, place your order, and leave the rest to our professional paper writers in less than 2 minutes.
step 1
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
s
Get personalized services with MyCoursebay
One writer for all your papers
You can select one writer for all your papers. This option enhances the consistency in the quality of your assignments. Select your preferred writer from the list of writers who have handledf your previous assignments
Same paper from different writers
Are you ordering the same assignment for a friend? You can get the same paper from different writers. The goal is to produce 100% unique and original papers
Copy of sources used
Our homework writers will provide you with copies of sources used on your request. Just add the option when plaing your order
What our partners say about us
We appreciate every review and are always looking for ways to grow. See what other students think about our do my paper service.
Social Work and Human Services
Great Job!
Customer 452587, October 27th, 2021
IT, Web
Excellent job on the paper!
Customer 452885, December 28th, 2022
Other
Thanks for the help, appreciate it
Customer 452821, August 27th, 2022
Social Work and Human Services
Excellent work
Customer 452587, September 4th, 2021
Medicine
Thank you for the great services
Customer 452635, April 24th, 2022
Other
Great work! Thank so much!
Customer 452707, March 1st, 2022
Other
GOOD
Customer 452813, July 5th, 2022
Social Work and Human Services
Great Work!
Customer 452587, September 8th, 2021
Other
Thank you for a well written paper!!!
Customer 452557, January 19th, 2022
Other
GREAT
Customer 452813, June 25th, 2022
Nursing
Writer did an excellent job! Thank you.
Customer 452693, January 14th, 2022
IT, Web
A great job on my paper!! I really appreciate this!!
Customer 452885, January 30th, 2023