Chamberlain College of Nursing Financial Management in Healthcare Questions

Chamberlain College of Nursing Financial Management in Healthcare Questions

Question Description

I’m working on a nursing discussion question and need an explanation and answer to help me learn.

Staffing is one of the largest expenditures for healthcare organizations. It stands to reason that for some organizations a mandatory staffing ratio could negatively impact their financial bottom line. Sometimes ratios can be different within an organization based on acuity of patients or type of unit. Explore your own organization staffing ratio policy. What is/are the ratio(s) and how they are determined? What variables affect the ratios? Have they been mandated by state legislation or organizational policy? How is your operational budget (unit or department) affected by the staffing ratio assigned to it?

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