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Why is it important for a nurse leader to understand variance reporting?

1. How should a nurse leader use a patient classification (acuity) system to justify nursing hours per day/staffing mix/nurse-to-patient ratios for budget purposes that would be understood by the finance department?

2. What is it important for a nurse leader to understand variance reporting? How does this reporting become a valuable tool?

3. Because staffing is usually the most expensive resource in the provision of care, what reports would provide you with valuable information for this expense?

300 WORDS APA

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