Practice Quiz

Nurse Manager Exam #1: Financial Management

Category - Financial Management

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State laws affect the ability of the nurse manager to be fiscally responsible in ways which continue to evolve as health care reform comes into implementation. The major concern in fiscal oversight in the future will be relationship dependent upon:
  1. State budget allocations to Medicaid and Medicare
  2. State budget allocations to health care organizations
  3. State tax incentives to health care organizations
  4. All of the above
Explanation
Answer: D - All of the above. The major concern in fiscal oversight in the future will be relationship dependent upon state Medicare / Medicaid funds, which are generally matched by the federal government, and when combined with allocations and tax incentives to health care organizations can provide a fiscal model in which a portion can be handed down to your department.
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