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Nurs Fpx 6216 Assessment 1: Mentor Interview $11.49   Add to cart

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Nurs Fpx 6216 Assessment 1: Mentor Interview

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Interview a leader of your choice who has experience with creating and managing budgets, and write a 3-5 page analysis of your findings from the interview

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  • September 4, 2024
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  • 2024/2025
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June, 2024

NURSFPX 6216 Assessment 1

, Summary of Interview

In the interview with the nurse leader, I discussed numerous aspects of their substantial

years of practice in overseeing budgets, including operating and capital, in health organizations.

The changes supported by the nurse leader also illustrated a good grasp of functional financial

management; for instance, targeting increased productivity within a constrained budget.

The nurse leader conveyed ideas on how to manage operating budget by stressing on the

need to undertake strategic planning and being keen. They pointed to their policy on staffing and

patient care needs, arguing that efforts have been made to ensure matching of staff numbers and

resource budgets.

She also mentioned that collecting and analyzing data should form the basis of the

decisions made regarding productivity with a limited budget. They provided structures like

benchmarking and performance indices for managing productivity levels efficiently on the

number one challenge of optimum utilization of resources without compromising on the quality

of services. Specifically on equipment and supplies management, the nurse leader emphasized

the importance and need to anticipate supplies needs as well as keep records of equipment usage.

When it comes to capital budgeting, the role and the practice of the nurse leader was

illustrated on the long-term investment choices. They described how some areas were identified

for improvement based on clinical requirements and what technology was available, and the long

term plan for the acquisition of equipment was to look at a long-term return on investment when

it came to sustainability.

Speaking about her responsibilities, she coordinates the financial goals and plans of the

organization that concern patients’ care and the overall sustainability of the organization’s

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