nursing unit budget essay

control the finances of a unit. There are multiple factors that impact the nurse budgeting process and each organization has its own approach in the budgeting process. The nursing leader has the fiscal responsibility to balance the long-term fiscal needs of the organization with the patients’ short term health care needs .The final budget is usually the result of a compromise of these factors that affect the organization. s The purpose of this paper is to discuss nursing budget in the context of health

definition of a budget is a detailed financial plan. The nurse manager/leader is responsible in knowing and understanding the different types and budgets within the healthcare organization: operating, capital expenditure, and cash. The operating budget is the main budget the nurse manager/leader maintains an active role in for the healthcare organization by controlling personnel and supply costs. Collaboration with the nursing staff on the unit as well as other

Ron Wyden once quoted, “it’s time to look beyond the budget ax to assure access o health care for all. It’s time to look for solutions to the problems we can tackle today, and to work together for tomorrow – building the healthcare system that works for all.” These words are parallel to the generic principles of budgeting. It calls a need to forecast the resources required to deliver the services offered by an organization. A budget is a financial plan that includes estimated expenses as well

Financial Analysis The nursing shortage in the health care setting, can affect the quality of care and the overall outcome of the patient’s health. Hospital’s having lower numbers in nursing staff can have an adverse effect on the organizations. This can result in higher incidences of hospital acquired pneumonia, urinary tract infections, decubitus and falls with injuries. The acuity level of the patient’s entering the hospital continues to rise because there are a lot of patient’s delaying to

Orthopedic Unit Savings I currently do the readmissions and discharge assessment and planning in the orthopedic department. This unit consists of 36 private rooms. Most commonly the procedures are hip fractures (total hips) and elective hip and knee replacements, sometimes a shoulder or ankle fracture. Average length of stay for non-hip/knee would be 2- 3 days. We do receive medical overflow patients as well. It is important to know that while we as nurses are in the business of caring, our workplace

Value Based Nursing I am definitely for value-based nursing. Value-based nursing puts the patient first. Although some people think it is all about the money, it is actually all about the patients! If nurses are giving high quality care as well as being cost effective by not wasting supplies, there will be more room in the budget for new supplies, and possibly more nurses. If nurses are frivolous with supplies and using things that are not needed, there will be less money in the budget. This benefits

Application Thus far the unit’s budget preparations have been completed through the collection of data from personnel expenses, non-personnel expenses, and workload figures and BestCare Nursing Unit’s net revenue has been estimated at $6.5 million for the fiscal year. However, a 10% operational budget reduction has been called upon by the Chief Financial Officer. Therefore, in order to ensure continued optimal health care services are rendered by BestCare Nursing Unit, at this time, personnel expenses

If I was a manager of a variable hospital department, receiving a monthly budget showing salaries at an increase and budget supplies at a decrease than expected, I would explain to the vice president the reasons why this occurred. There are many reasons why budgets vary. For example, there are peak months of major flu activity, which correlates to hospital acquired infections, as well as other reasons that affect cost, such as, vacations and leave of absence (LOA). According to Cleverley, Song, and

responsible for a group of departments, an entire hospital or where us a nurse manager is more likely to have the responsibility for one or more nursing units within the hospital . A nurse administrator often reports to the chief executive officer in the organization or to a vice president directly below the CEO, while nurse managers generally report directly to the nursing administrator. Both positions need basic business skills such as financial management and experience in areas such as human resources,

and goals. How I help strengthen my unit's goals by being on a commtty for providing better patient handoff. How my nursing department is decentrialized and how most decisions are based more by my nurse manager than upper management on how to reduce budget cost like cutting newspapers on the floor. the two pros and to cons of the organizations team nursing model. Ways that nursing could strengthen the mission would be is to heal and to teach the sick about their illness. Organization Mission, Vision