Today’s resource constraints make it more important than ever for nurse leaders to build a strong business case that connects patient care and quality with the organization’s financial goals. Nurse leaders must advocate for the budget and resources they need to support and empower staff, boost nurse confidence and competence, increase retention, and ultimately improve patient outcomes.
To secure support and funding, nurse leaders need to craft a narrative that frames nursing care as an investment in quality patient care that directly ties to outcomes and demonstrates ROI to hospital stakeholders while standardizing safe, evidence-based care throughout the organization.
A Nurse Leader’s Guide to Building a Strong Business Case provides a planning framework and resources on how to:
- Conduct a needs assessment to identify the scenarios and situations that require solutions to solve them and what the financial investment will be relative to the projected returns
- Transform your analysis and needs assessment into a comprehensive business case that will resonate with your stakeholders
- Frame nursing care as an investment in quality patient care that directly ties to outcomes and thus the bottom line rather than as a cost center
- Use metrics to support how you will lead a transformation that balances quality and cost priorities with the realities of navigating nursing staff turnover and building the workforce of the future
- Articulate how your request will help the organization improve efficiency, save money, standardize care across the health system, and achieve outcomes.
