Factors Impacting the Nursing Budgeting Process

As a nurse leader, you need to have a solid understanding of how internal and external forces will influence your effectiveness in the development of a realistic budget for the provision of nursing services. The budget is the fuel tank that supports an organizations vision of the future. We will explore the nursing budgeting process and how internal and external forces impact financial decision making

Factors Impacting the Nursing Budgeting Process

This assignment will help you explore factors, both internal and external, that impact the nursing leader’s budgeting thoughts.

Various internal and external forces impact the development of a nursing budget. Internal factors are forces inside an organization, and external forces are forces that impact the marketplace of healthcare.

Write a 4- to 5-page paper that:

Describes the various internal and external forces that impact the development of the budget

Explains the impact of these forces on the nursing budget

Describes how the following impact the nursing budget:

Present healthcare and nursing trends

Healthcare reforms

Accreditation agencies

Consumer groups

Nursing education

The hospital organizational culture

The nursing organizational culture

Week 5 Project Grading Criteria

Maximum Points:

Described the various internal and external forces that impact the development of the budget.

20

Explained the impact of these forces on the nursing budget.

20

Described how the following impact the nursing budget:

Present healthcare and nursing trends

Healthcare reforms

Accreditation agencies

Consumer groups

Nursing education

The hospital organizational culture

The nursing organizational culture

30

Used correct spelling, grammar, professional vocabulary, and followed APA mechanics. Cited all current authoritative sources using APA format. Synthesized research to support original content.

10

Total:

80

Content Requirement: 4-5 Pages excluding Cover Page and Reference Page

It is important that you use topic headings to identify important sections of content. Make sure to address how each of the listed areas impact the nursing budget.