Leading a Cost-Savvy Unit
Nurse leaders need knowledge on the elements of budget reductions specific to cost cutting, cost management and cost design and its impact on patient care unit and care delivery.
Healthcare organizations are becoming increasingly cost-conscious. It’s essential for nurses to take a lead in dealing in working to keep patient care costs at bay. Nurses need to have their voices heard and have key roles in deciding how their units can better contribute to the financial security of their workplace so others don’t make decisions for them that are not in nurses’ and patient care best interests.
Key Learning Outcomes
- Define stages of cost reduction
- Translate nursing’s role in cost management
- Identify best practices to achieve successful budget reduction
Barbara R. Medvec DNP, RN, NEA-BC
Barbara Medvec is a dynamic senior healthcare executive with a reputation for transformational patient centeredchange in multi-hospital, academic and health care environments. Collaborative history of leading people, building teams, physician relationships to deliver clinical quality, improved operations, and professional practice outcomes. Accomplished and visible leader in improving programs and processes that deliver value, operating return and team engagement. Creates strategic alignment between System and Operating unit teams using strong analytical and creative strategic skills with positive results. Passionate to provide graduate level advanced practice education for future leaders in nursing.