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When it comes to placing a dollar value on the cost of nursing care and services, it is essential to understand that the twenty-four-hour nature of nursing can not be the basis for such an assignment. Instead, it is essential to consider the different components of nursing care and services, such as patient or family nurse communication, the nursing role in patient outcomes, the nursing role in patient safety, and the cost of providing training to nurses. Understanding the various components of nursing care makes it possible to assign a cost to each component, thus providing an overall financial value for nursing care and services.
As such, there are several key areas to consider regarding the financial impact of patient or family nurse communication. Firstly, the cost of providing such communication is often high, as nurses must be adequately trained in communication techniques and understand and respond to patient and family needs. Additionally, a financial cost is associated with providing communication services such as telephone or video calls. Secondly, the cost of not providing adequate nurse-patient communication can be high. Poor communication can lead to delays in treatment, increased medical costs, and even litigation (Tiwary et al., 2019). It is, therefore, essential that nurses can provide clear, effective communication to their patients and families. Finally, financial implications are associated with training nurses to improve nurse-patient communication. Training can be expensive, but it is essential to ensure that nurses can provide the highest service to their patients.
Next, patient outcomes are determined by a variety of factors, with nurses playing a significant role in both direct and indirect care. Direct care involves providing direct medical care and interventions to patients, while indirect care involves communicating with other healthcare providers, educating patients, and coordinating care (Zhao et al., 2019). When considering the cost of the nursing role in patient outcomes, the direct care component is the easiest to quantify. This element includes the costs associated with interventions, treatments, medications, and procedures. There is a financial cost associated with providing services such as wound care or medication management. The cost of indirect care is more difficult to quantify but includes the value of time spent providing care, the cost of equipment and supplies, and the cost of staff education and training. In addition to the direct and indirect costs of nursing, there are also intangible costs to consider. The emotional impact of care, the level of patient satisfaction, and the impact of nurse-patient relationships all contribute to the overall cost of care.
When it comes to quantifying the cost of a nursing role in patient safety, it is crucial to consider the financial impact of its various components. These include the costs associated with providing quality care, such as adequate staffing, equipment, and supplies. Additionally, a financial cost is needed for providing training and education to nurses to ensure that they are up-to-date on the latest safety regulations and protocols. Finally, financial implications are associated with providing resources and support to nurses to help them better manage patient safety. These costs must be considered when assigning a dollar value to the cost of providing nursing care and services.
The application of the proposed theoretical suggestions to practice settings can be made in a variety of ways. One of the most effective ways is to use a set of standardized metrics to measure the quality of care provided. This result can be accomplished by collecting data on patient outcomes, patient satisfaction, and the overall effectiveness of the nursing care provided. The data collected can then be used to compare the effectiveness of different nursing interventions and evaluate the overall quality of care provided. By quantifying the care provided, it is easier to identify areas of improvement and develop strategies to improve care.
References
Tiwary, A., Rimal, A., Paudyal, B., Sigdel, K. R., & Basnyat, B. (2019). Poor communication by health care professionals may lead to life-threatening complications: examples from two case reports. Wellcome Open Research, 4, 7. Web.
Zhao, Y., Ma, D., Wan, Z., Sun, D., Li, H., & Sun, J. (2019). Associations between work environment and implicit rationing of nursing care: A systematic review. Journal of Nursing Management, 28(8), 1841–1850. Web.
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