Prof Name Course Name Student Name Capella University Assessment 3 Budget Negotiations and Communication MSNwritingservices com Sept 26 2023 Do you need Help to complete your Capella Uni MSN FlexPath Class in 1 Billing Email Us Contact MSNwritingservices com Website MSNwritingservices com For Free MSN Sample MSNwritingservices com free Sample Budget Negotiations and Communication in Nursing Leadership MSNwritingservices com Effective budget management is crucial for nursing leaders directly influencing organizational stability and the ability to foster business growth This assessment outlines the creation and negotiation of a budget for a 35 bed hospital serving an elderly population staffed by 20 full time employees The focus is on staff retention and patient centered care with strategic plans aimed at improving financial performance and raising care standards A thorough needs assessment identifies staff retention and patient centered care as key priorities Using SWOT analysis to guide the strategic plan the approach addresses these areas through initiatives that improve employee satisfaction such as competitive compensation and performance based incentives Enhancing infection control measures staff training and integrating advanced patient care systems also play a central role in elevating patient care Increasing staff productivity is essential to maintaining high standards of patient care This will be achieved through strategies like gathering staff feedback ensuring transparent communication regarding operational changes and continuously monitoring progress Alternatives like outsourcing and mandatory overtime are avoided due to their potential negative effects on long term staff morale and productivity Strategic Plan for Profitability and Fiscal Success Plan for Staff Productivity Goals Do you need Help to complete your Capella Uni MSN FlexPath Class in 1 Billing Email Us Contact MSNwritingservices com Website MSNwritingservices com For Free MSN Sample MSNwritingservices com free Sample Justification of Equipment and Service Costs The budget emphasizes the importance of essential utilities medical supplies and medications to sustain effective healthcare services Investments in equipment maintenance hygiene protocols and staff training are critical as they help reduce turnover and support the delivery of high quality patient centered care Conclusion Link Between the Organization s Mission and the Project Effective budget management is essential for ensuring financial stability and enhancing care quality A well structured strategic approach ensures the budget supports organizational profitability while remaining committed to the hospital s mission of delivering patient centered care The proposed budget aligns with the hospital s mission of providing compassionate care and fostering interdisciplinary collaboration for the elderly population By prioritizing employee retention and ongoing training the budget directly supports the hospital s goals of improving patient satisfaction and outcomes Achieving financial stability further strengthens the organization s ability to meet these objectives MSNwritingservices com Do you need Help to complete your Capella Uni MSN FlexPath Class in 1 Billing Email Us Contact MSNwritingservices com Website MSNwritingservices com For Free MSN Sample MSNwritingservices com free Sample References Dennis C 2019 Strategic planning A health system operational perspective Journal of Hospital Management and Health Policy 3 0 https doi org 10 21037 jhmhp 2019 10 03 Edgman Levitan S Schoenbaum S C 2021 Patient centered care Achieving higher quality by designing care through the patient s eyes Israel Journal of Health Policy Research 10 21 https doi org 10 1186 s13584 021 00459 9 Kwame A Petrucka P M 2021 A literature based study of patient centered care and communication in nurse patient interactions Barriers facilitators and the way forward BMC Nursing 20 1 158 https doi org 10 1186 s12912 021 00684 2 Karaferis D Aletras V Raikou M Niakas D 2022 Factors influencing motivation and work engagement of healthcare professionals Materia Socio Medica 34 3 216 224 https doi org 10 5455 msm 2022 34 216 224 Gharachorloo N Nahr J G Nozari H 2021 Swot analysis in the general organization of labor cooperation and social welfare of east Azerbaijan province with a scientific and technological approach International Journal of Innovation in Engineering 1 4 47 61 https doi org 10 59615 ijie 1 4 47 MSNwritingservices com Xi Y Ding Y Cheng Y Zhao J Zhou M Qin S 2023 Evaluation of the medical resource allocation Evidence from China Healthcare 11 6 829 https doi org 10 3390 healthcare11060829 Panda A Sahoo C K 2021 Work life balance retention of professionals and psychological empowerment An empirical validation European Journal of Management Studies 26 2 3 103 123 https doi org 10 1108 EJMS 12 2020 0003 Do you need Help to complete your Capella Uni MSN FlexPath Class in 1 Billing Email Us Contact MSNwritingservices com Website MSNwritingservices com For Free MSN Sample MSNwritingservices com free Sample