How has budgeting affected how you and your co-workers do

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Many nurses believe that the hospital's budget is something only higher-ups, leaders and managers need to think about. But the reality is that budgets are something every member of an organization should be paying attention to.

1. How has budgeting/finances affected how you and your co-workers do your jobs where you work now (or, if you are not currently working, at a job you have had in the past)?

2. Hospitals are comprised of many individual units. Some units operate at a deficit, and some don't. How do the economics of one unit impact the system as a whole?

3. Imagine that you are the nurse manager of a 36-bed medical/surgical unit in a large community hospital. The Chief Nursing Officer has told you that you must cut your unit's overall budget by five percent for the next fiscal year.

What are some ways that your unit can save money, without sacrificing patient care and safety?

Reference no: EM133396793

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