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Healthcare News: Healthcare CFO’s Understand Importance of Nurse Retention and Nurse Leadership

Written by LeAnn Thieman, CSP, March 14th, 2012

There is some recent healthcare news regarding a significant change in the relations between Healthcare CFO’s and CNO’s at hospitals and healthhealthcare industry

systems. In the past, Finance looked to Nursing to get everything done cheaper. Nursing was a cost to the organization, and nurse leadership wasn’t taken into account. Today Finance better understands that nursing has an impact on revenue loss prevention.

Quality of care impacts the revenue stream and nurse leadership always emphasized quality of care. For example, under new reimbursement rules, hospitals are not paid for hospital-acquired conditions. This potential revenue loss has opened the eyes of the finance team, and they better understand that good quality care makes a difference in cost control.

The nursing shortage has awakened hospital CFO’s to the importance of keeping staffing vacancies filled. Conditions are better now, but a nursing shortage of crisis proportion is looming. Forward thinking hospitals and health systems identify why nurses are joining and/or leaving their organizations. Such information improves nurse retention.

As a nurse speaker, I specialize in nurse recruitment, nurse retention, and work life balance and can help improve morale, retention and recruitment. CONTACT ME TODAY to talk about my powerful keynotes, workshops and programs. I look forward to helping your organization achieve its goals.

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