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Controlling Cost for Nursing Practice
Tilia Coicou
Ron and Kathy Assaf College of Nursing, Nova Southeastern University
NUR 4030: The Business of Healthcare
Professor Iris Berryhill and Professor Barbara MacDougall
June 13, 2022
Controlling Cost for Nursing Practice
(Purpose statement) The purpose of this paper is to discuss cost containment financial factors and fiscal planning that covers today’s professional nursing roles in leadership.
The Budgetary Process
Types of Budgets
Budgeting measures
Health-care reimbursement
Medicare and Medicaid
Prospective payment systems
Managed care
Cost containment and the role of the nurse
Balancing cost and quality of care
Health-Care Reform and the Affordable Care Act
Bundled payments
Hospital Value-Based Purchasing
Health Insurance Marketplaces
Conclusion
References