Question

Describe the various approaches in assessing the cost of nursing care

Examine the role of recruiting and retaining nurses in the cost of nursing care.

Explain the impact of nursing turnover on nursing care costs.

Examine whether the cost assessment methods used in your organization are effective. Give reasons for your answer.

Answer 1

Various approaches in cost of nursing care:

1. Based on patient classification system.

2. Utilization of nursing human resources by patients

3. Per diem or cost per day

4. Cost per diagnosis..

II. Role of recruitment and retaining nurses in cost of nursing care:

Recruitment - placing a new appointment for nursing staff

Retaining - Reducing turn over of nurses..

1. Recruitment and retaining is a very important principle..

2. Nursing turn over induce lot cost loss in hospital environment..

Main Role:

1.professional and personal development of nurses

2.sensitivity to life, work balance

3.shared governance- voice and impact

4.quality of care

5. Team work.

6.flexibility of care

7.high level collaboration

8.loyalty to employers

III. Explain impact of turnover in cost of healthcare:

1. Loss of investment

2.productivity loss

3.instability in work

4.increase cost in agency staffing

5.cost with overtime

6. Increase cost in recruitment of new staff

7. Increase cost of training of new staffs

8.staff suffering and burnout is high

III. COST ASSESSMENT:

ANSWER: Yes cost effectiveness utilized in my organization

Reason:

1. Cist reduced by giving Continuous nursing eduction program.

2. Proper staff orientation

3. Increase the employee welfare staff retention more in my organization

4. Maximal staff satisfaction

4. No burnout from staffs