Thursday, March 10, 2016

Budgeting

I expected to learn what goes into budget planning. I wanted to learn what are the different elements that are needed to form a budget. I expected to learn how much budgeting goes into nursing and healthcare. Also I wanted to learn the terms used for budgets.

I learned that there are fixed and variable elements of budgets. Even though a budget may seem overwhelming it can help in the long run. I learned that you can't charge an individual for equipment used during their hospital stay. I also learned that there are different types of budgets as well.

I had a difficult time trying to come up with the right places to cut.  I felt like the activity was very difficult and I understand why it can be easier to just say that we are going to make cuts than deal with the budget because my group seems like they essentially came up with the same idea.  I don't have much desire to be a manager of a hospital unit after that activity.  

I will utilize the information covered so that I can learn what my manager has to deal with for our unit. I will be better prepared to help plan a budget. I will try to be more sensitive to the amount of products that I use so that I can help to cut down on supply cost.

My feelings on the material was that it was interesting to learn about budgets. I had never really thought about all that goes into planning a budget. I know that I need to sit down and do a budget with my husband so that we can find ways where we can save money. Learning about budgets made me not want to be a nurse manager. It seems kind of overwhelming.

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