Discussion Forum: Nursing Budget
You are the manager of a medical-surgical unit in a not-for-profit, acute care hospital that is part of a nine-hospital healthcare system. During the budget preparation process for the upcoming fiscal year, the healthcare system leadership mandated 5% cost reductions from the previous fiscal year budget. Labor costs must be evaluated thoroughly for potential cost savings. You strongly feel eliminating nursing positions is not appropriate in this budget reduction initiative. Discuss at least 3 factors you can use to justify the current nurse staffing as the most appropriate to ensure cost-effective, high-quality care for patients? List several ways to meet the budget reduction mandate without cutting nursing staff? Discuss at least 3 characteristics an emotionally intelligent leader would use in dealing with this scenario.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.