Nurse Fiscal Decisions

Budgeting and financial planning associated with the other department status. Based on the hospital goal and vision, the nurse Fiscal decisions cannot be made without value judgments for several reasons, such as quality of care, equity of utilization, and equity of finance (Klappholz, 2015). In fact, high nurse’s patient ratio, will save the organization money, however, it will reduce the quality and quantity of care provided to the patients. Good example is when bad economy faces any organization, budgeting committee will cut back on high paid nurses. unfortunately, most of those nurses are the experienced who have long time services at bedside. Thus, affecting the patient’ satisfaction and influence quality of care negatively.