Describe the difference between a staffing model and a staffing matrix
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Assessment Description
The purpose of this assignment is to prepare you to make budgeting decisions regarding staffing based on sound financial management principles and compliance guidelines.
For this assignment, you are the nurse leader of your unit and have to account for all staffing. Using sound financial management principles, develop a Staffing Matrix that includes labor hours using Excel. (Chapter 6 in your textbook provides an example to follow.)
You may choose to develop your Staffing Matrix based on your current work setting or on a 30-bed inpatient unit. Develop your matrix as though all beds are full.
After completing the Staffing Matrix, write a 750- to 1,000-word essay addressing the following:
Describe the difference between a staffing model and a staffing matrix. Explain which type of staffing model you are using.
Explain why it is important to use a staffing matrix in your health care setting. What are the budgetary implications?
Briefly describe your staffing matrix. How many FTEs (full-time equivalents) on the staffing roster are required to cover daily needs? What sound financial management principles did you use to determine your matrix?
Explain how you would adjust your staffing based on changes in the patient census.
Explain how you would adjust your staffing based on changes in the patient acuity.
Submit your Staffing Matrix and your essay as one deliverable.
Include 2–4 peer-reviewed resources.
Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center.
This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.
You are required to submit this assignment to LopesWrite. A link to the LopesWrite technical support articles is located in Class Resources if you need assistance.
Benchmark Information
This benchmark assignment assesses the following programmatic competencies:
MSN Leadership in Health Care Systems
6.4: Apply sound financial management principles to allocate resources within health care organizations.
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