Budgeting from bedside to boardroom. A staff development course

Area of Science:

• Healthcare Management
• Nursing Education

Background:

• Nurses and nurse managers require financial management skills.
• Balancing quality care with economic stability is crucial in healthcare.

Purpose of the Study:

• To describe a staff development course for nurses and nurse managers.
• To equip healthcare professionals with financial planning and management skills.

Main Methods:

• Course design for staff development departments.
• Incorporation of essential financial information and skills.

Main Results:

• Nurses and nurse managers can become partners in financial planning.
• Improved understanding of unit, division, and organizational financial management.

Conclusions:

• Knowledgeable practitioners foster the balance between quality care and economic stability.
• A shared philosophy of caregiving and fiscal accountability is key.