Finkelman, Leadership and Management for Nurses: Core Competencies for Quality Care, 3e
Chapter 5 – Thinking Critically Questions
This activity contains 3 discussion questions and 2 application exercises.
Discussion Questions:
1.
Compare and contrast the macro-level and micro-level perspectives of healthcare
financing.
2.
Why should staff nurses, nurse team leaders, nurse managers, and executive nurse leaders
participate in the HCO’s financial planning? Describe ways in which each should
participate.
3.
What is the difference between the micro and macro levels of healthcare economics?
Application Exercises:
1.
Discuss the current status of the uninsured and underinsured. Research the Internet
government sources for current information. Include information on the impact of the
Affordable Care Act. What are the current challenges? (Online Application Option)
2.
Why is it important for nurses (management and direct provider levels) to be
knowledgeable about healthcare economics and participate in financial decisions?
Discuss in teams, then present to the class. (Online Application Option)
Finkelman, Leadership and Management for Nurses: Core Competencies for Quality Care, 3e
Chapter 5 – ANSWER KEY Thinking Critically
Discussion Questions:
1.
Answer may vary.
2.
Answers will vary.
How have nursing and nurses been affected by reimbursement, and how can they affect
reduction in costs? Some examples include:
• Managing within fixed resources and decreasing costs by reducing waste and
Finkelman, Leadership and Management for Nurses: Core Competencies for Quality Care, 3e
3.
Answer may vary.
Financial issues can be viewed from a macro or micro perspective. The macro
Finkelman, Leadership and Management for Nurses: Core Competencies for Quality Care, 3e
1.
Answers will vary as information is updated on uninsured and underinsured individuals.
In 2013, prior to changes in enrollment options due to the Affordable Care Act (ACA),
The underinsured are “individuals or families whose health insurance policy or benefit
plan offers less than adequate coverage” (Institute of Medicine, 2004a, p. 21). When this
2.
Answers will vary.
There are several benefits to developing and implementing a budget. First, of course,
