DQ: After your monthly review of your unit’s operational budget, you find you are over your budget for medical supplies
Grand Canyon University DQ: After your monthly review of your unit’s operational budget, you find you are over your budget for medical supplies-Step-By-Step Guide
This guide will demonstrate how to complete the Grand Canyon University DQ: After your monthly review of your unit’s operational budget, you find you are over your budget for medical supplies assignment based on general principles of academic writing. Here, we will show you the A, B, Cs of completing an academic paper, irrespective of the instructions. After guiding you through what to do, the guide will leave one or two sample essays at the end to highlight the various sections discussed below.
How to Research and Prepare for DQ: After your monthly review of your unit’s operational budget, you find you are over your budget for medical supplies
Whether one passes or fails an academic assignment such as the Grand Canyon University DQ: After your monthly review of your unit’s operational budget, you find you are over your budget for medical supplies depends on the preparation done beforehand. The first thing to do once you receive an assignment is to quickly skim through the requirements. Once that is done, start going through the instructions one by one to clearly understand what the instructor wants. The most important thing here is to understand the required format—whether it is APA, MLA, Chicago, etc.
After understanding the requirements of the paper, the next phase is to gather relevant materials. The first place to start the research process is the weekly resources. Go through the resources provided in the instructions to determine which ones fit the assignment. After reviewing the provided resources, use the university library to search for additional resources. After gathering sufficient and necessary resources, you are now ready to start drafting your paper.
How to Write the Introduction for DQ: After your monthly review of your unit’s operational budget, you find you are over your budget for medical supplies
The introduction for the Grand Canyon University DQ: After your monthly review of your unit’s operational budget, you find you are over your budget for medical supplies is where you tell the instructor what your paper will encompass. In three to four statements, highlight the important points that will form the basis of your paper. Here, you can include statistics to show the importance of the topic you will be discussing. At the end of the introduction, write a clear purpose statement outlining what exactly will be contained in the paper. This statement will start with “The purpose of this paper…” and then proceed to outline the various sections of the instructions.
How to Write the Body for DQ: After your monthly review of your unit’s operational budget, you find you are over your budget for medical supplies
After the introduction, move into the main part of the DQ: After your monthly review of your unit’s operational budget, you find you are over your budget for medical supplies assignment, which is the body. Given that the paper you will be writing is not experimental, the way you organize the headings and subheadings of your paper is critically important. In some cases, you might have to use more subheadings to properly organize the assignment. The organization will depend on the rubric provided. Carefully examine the rubric, as it will contain all the detailed requirements of the assignment. Sometimes, the rubric will have information that the normal instructions lack.
Another important factor to consider at this point is how to do citations. In-text citations are fundamental as they support the arguments and points you make in the paper. At this point, the resources gathered at the beginning will come in handy. Integrating the ideas of the authors with your own will ensure that you produce a comprehensive paper. Also, follow the given citation format. In most cases, APA 7 is the preferred format for nursing assignments.
How to Write the Conclusion for DQ: After your monthly review of your unit’s operational budget, you find you are over your budget for medical supplies
After completing the main sections, write the conclusion of your paper. The conclusion is a summary of the main points you made in your paper. However, you need to rewrite the points and not simply copy and paste them. By restating the points from each subheading, you will provide a nuanced overview of the assignment to the reader.
How to Format the References List for DQ: After your monthly review of your unit’s operational budget, you find you are over your budget for medical supplies
The very last part of your paper involves listing the sources used in your paper. These sources should be listed in alphabetical order and double-spaced. Additionally, use a hanging indent for each source that appears in this list. Lastly, only the sources cited within the body of the paper should appear here.
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NUR 621 Topic 3 Discussion
DQ After your monthly review of your unit’s operational budget, you find you are over your budget for medical supplies
It is incredible what we learn through weekly class discussions and from each other’s posts and how applicable it is to our careers. Often managers speak about budget, staffing, supplies, and resources, and from this week’s readings, this writer has learned other importances of budgeting for businesses. Budgets help organizations control spending, determine priorities, plan for future growth, plan for the unexpected decline, plan for large capital expenditure and identify new investment opportunities (Biermeier, 2016). In healthcare, budgets are essential to reporting activities and resources used and have three primary functions planning, reporting, and managing (Penner, 2017). Managers use operating budgets to help evaluate how well a unit or organization is doing with its income and expenses. “Operating budgets are used in the day-to-day management of health settings” (Penner, 2017). Adequate resources, whether human or physical, are needed to provide safe and efficient care, which can affect a unit’s operating budget.
A manager or leader must not turn a blind eye when there is an over-the-budget of medical supplies or when costs exceed revenues. There must be some investigation or evaluation of why this has happened to solve or correct the issue. Overbudgeting can negatively impact patient outcomes, departmental outcomes, and the department’s staff. Several steps can be used to investigate a department’s overbudgeting. A manager should evaluate if the overbudget is due to internal factors such as waste of resources, increased patient count, or external factors such as increased medical supplies. Review reports and the budget to ensure there is no error on the part of the manager. Communicate budget issues with staff and reinforce the importance of staying within budget; communication is a great way to get staff involved in action plans, feedback and to help problem-solve any departmental issues. Monitoring staff adherence to planned budget; helps identify as soon as possible if there will be an issue with overbudgeting so the problem can be addressed promptly to avoid more significant problems in the future (Walsh, 2016). Managers must do a budget investigation to determine the root cause of budget problems and consider variances and supply chain management (Penner, 2017). Proper budgeting and keeping within budget limits can make or break a unit’s or an organization’s optimal functioning and overall outcomes.
References
Biermeier, C. (2016). The importance of having a budget. https://www.wegnercpas.com/the-importance-of-having-a-budget/
Penner, S. J. (2017). Economics and Financial Management for Nurses and Nurse Leaders (3rd ed.). Springer Publishing Company. ISBN: 978-0-8261-6001-0
Walsh, K. (2016). Managing a budget in healthcare professional education. Annals of Medical and Health Sciences Research, 6(2), 71-73. https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4866369/
Click here to ORDER an A++ paper from our MASTERS and DOCTORATE WRITERS: DQ: After your monthly review of your unit’s operational budget, you find you are over your budget for medical supplies
RESPOND HERE (150 WORDS, 3 REFERENCES)
I agree with you Tameka that managers are concerned with the spending and the financial output. Therefore, budget is a crucial
financial document that managers speak about when executing their obligations. Any changes in the budget affects healthcare organizational activities (Malmmose, 2019). As a result, a manager should always be keen on an over-the-budget of medical supplies or when costs exceed revenues. The attention will enable the leader to avert financial problems generated by excess spending. Operating budgets are used in the daily routine (Vammalle et al., 2018). Occasionally, the staff may be forced to include other expenditures in the budget. The new entries in the budget will interfere with the original estimates (James et al., 2018). Therefore, a manager concerned with the excess expenditure for medical supplies will examine the internal factors that may have resulted to the increase. In preparing the budget, the mandated people consider the required medical supplies. As a result, excess expenditure in the operational budgets is an outcome that managers wish to understand in case it happens.
Being over budget in medical supplies could be attributed to multiple things within a nursing unit. Medical supplies represent the fastest growing increase in current health care costs (Penner, 2017). As the nurse manager or leader, I would need to look at all the items that could be contributing to this increase. What was the patient census like during the last month? Were there more wounds on the unit? Were there more isolation precautions on the unit? How much chemotherapy was being given? Our patient population can affect the usage of our medical supplies. I would audit charts and our daily sheets to see what we had happening on the unit. When our unit has more chemotherapy, then we are utilizing more supplies for protective personal equipment (PPE) for staff and patients. When we have patients that are in an isolation room, staff often bring more than they need into the rooms, so they do not need to don and doff PPE multiple times. Then, when the patient discharges all these items are disposed of because they cannot be reused. Patient census has a lot to do with medical supplies. Our facility has “central supply” which is our supply management, and I would utilize their resources to see what we were over budget on and specific days that we had a higher need of these supplies so I could focus on those patients from that day, along with the staff that were working. Supply chain management is to help nurse managers better control medical supplies and what is needed for their unit (Penner, 2017). Our central supply comes through our storage unit twice a day, to scan and count products on our unit.
Once these issues were identified, then it would be important to connect with staff and find out ways that we could stop the waste that is happening on our unit. Practicing good stewardship and utilizing our colleagues to help grab supplies instead of opening multiple supplies and leaving them partially used in a room. Involving the staff with the overuse of medical supplies will get them involved and help make a difference.