Budgeting In Health Care Organizations Essay Samples
The budget process is crucial for any organization in making an annual plan on the ways in which it will spend its funds. The budget is meant to be cost effective to achieve efficiency and effectiveness.
The management of the organization has to be part of the team. This is inclusive of the managers of all departments for instance the nursing manager. Their role is to represent their departments and fully present their budget which will cater for their needs in order for them to achieve their goals. The representation is essential for people to air their views on the financial challenges that they face. The accountant of the organization has to be present to give a view on the financial situation of the organization so that the departments can work within a prescribed financial limit. They cannot surpass their financial capabilities as an organization.
Nurses are all round people who work in almost all departments since they assist the physicians in offering great services. They have information on most of the departments. Inclusion of the nurses in budget development is crucial since they can contribute to most of the important things required in the organization as a whole. The nurses should ensure that the needs of the departments are met once the budget is implemented (DeNisco, & Barker, 2013).
The responsibilities of the budget making are applicable across the organization and not just to the nursing department. This is because the budget incorporates each and every department and it is important for them to represent themselves. This will ensure that resources are well distributed for everyone to be able to meet the organization’s goals and objectives (Finkler, Jones, & Kovner, 2013).
The budgeting process is all inclusive in that it should take into account all the departments. The nursing department should not be left out since it plays an important role in the health institutions. More importantly, the leadership training forms that have been advocated for in recent years for nurses were geared towards making nurses participate in administration issues and the budgetary process is such an avenue where they can provide their leadership skills, formally and informally (Finkler, Jones, & Kovner, 2013).
DeNisco, S., & Barker, A. M. (2013). Advanced practice nursing: Evolving roles for the transformation of the profession. Burlington, Mass: Jones & Bartlett Learning.
Finkler, S. A., Jones, C. B., & Kovner, C. T. (2013). Financial management for nurse managers and executives. St. Louis, MO: Elsevier/Saunders.
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