Blog Title (Test)

Years ago as the Nurse Manager of an Emergency Department, my fiscal year budget was determined by just adding 10% increase to every line. In the beginning, I did not even know what was contained in every line of the budget; I asked and learned.

It is not fiscally responsible to blindly add 10% to a budget, nor is it wise to just decrease a budget by a set percentage without determining the potential impact of the reduction. Sometimes what adds up on paper does not operationalize well.

Innovation means to do things differently. Financially speaking, innovation would be reviewing the cost savings methods and altering our approaches. Cost accounting does not necessarily work with regulated service lines. In the state of California, nurse to patient ratios are mandated and regardless of the acuity, the staffing levels can only go so low.