Cost Cutting

Read and compare the activities under these three goals associated with quality management and cost cutting. Identify disparate values in the table below. Type into the form the strategies that an advanced practice nurse would use with other staff to address two of the disparate values. Create a printable form for your strategies by clicking the "ready to print" button at the end of this document.

You are to suggest a strategy like those in the table below. For example, you could propose curriculum or team meeting sessions to evaluate current cost cutting activities and identify those that can be more effective. Effectiveness includes being efficient (saving costs) and maintaining high quality.

Cost Cutting Along with Three Outcome Goals Ensuring Quality
Advance the mission and vision of the profession	Foster interdisciplinary participation	Promote financial responsibility
A strategic plan compels staff to keep current with the needs of the organization.	Face-to-face decision-making Delineates priorities	Utilize resources efficiently
Create an outcomes research environment	Responsibilities defined not by their discipline but by the activities assigned	Reduced staff by attrition
Develop new services with lower cost alternatives	Cross-training individuals	Do tasks in-house that were formerly done by outside contract
Safeguarding basic health insurance coverage	Bargained hard with insurers who provide multiple services at low cost lower their costs for services	Increase all employee dependent health insurance contributions
Conduct cost benefit studies	Conduct multidisciplinary outcome studies	Conduct efficiency studies

Cost Cutting and Ensuring Quality