Miami Dade College Health and Medical Types of Budgets Discussion

Read Chapter on Davis Plus: Finance. Book Attached.

Style: APA

References: minimum 3 including the book

********PLEASE MAKE SURE THE ANSWERS ARE WELL ELABORATE AND THE CONTENT IS WELL COVER WITH ENOUGH INFORMATION***********

I am in Florida and I am a nursing student in case you need to know.

Please contact me if you have any questions.

Thank you

Questions:

1-Mention the types of budgets that you know and give examples of then?

2- What is budgeting?

3- What is directed and indirect cost?

4- Give examples of productive and non-productive hours?

5- What does HMO, PPO, POS means?

A) Mention one example of each of then in your city, or state?

6- What is DRGs.?

7- Give some examples of strategies for Cost-conscious nursing practice that your Nursing unit use to lower medical care cost?