1 Controlling Cost for Nursing Practice (Purpose statement) The purpose of this

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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