Assignent Solutionnurs

This week you will be discussing how a healthcare organization analyzes operating results and capacity planning with your peers. To prepare, read chapters 11 -13 in your textbook and explore a relevant scholarly journal article.
Chapter Eleven – Variance Analysis
Operational performance and employee evaluations should be based on a rigorous variance analysis.
Chapter Twelve – Ratio Analysis and Operating Indicators
All key aspects of healthcare operations should be measured and benchmarked both internally and externally.
Chapter Thirteen – Capital Budgeting
Capital budgeting expenditures need to be vetted based on a rigorous financial review.
INSTRUCTIONS:
By Wednesday at 11:59pm, submit one question that discusses variance analysis and related capacity planning. Be sure to cite the journal article that you read.
Concepts to consider related to variance analysis and related capacity planning . Select one or more topics to consider or bring in your own connection that it not listed below. Please note: You are not expected to, nor should you, address all of the points below in your post.
Systems for evaluating employees
The use of industry and competitive ratios
Incorporation of key performance indicators in evaluations
Non-financial metrics for capital expenditure analysis
Textbook:
Ross, T. (2019). Budgeting for Healthcare Managers.1st Edition. Burlington, MA: Jones and Bartlett Learning.