As healthcare costs rise, CNOs must brainstorm ways to lower them.
Cost containment is an issue throughout all of healthcare, and because of the nursing shortage, keeping costs down has become an even more difficult task. To combat this, CNOs need to focus on nurse retention and creating the right work environment where nurses will want to spend their entire careers.
Here's what you need to know about cost containment, according to Gail Vozzella, senior vice president and chief nurse executive at Houston Methodist.
Click here to read the accompanying article.
G Hatfield is the nursing editor for HealthLeaders.
KEY TAKEAWAYS
To keep costs down, CNOs must focus on retention and creating better work environments.
Making changes to workflows, preventative care, and care coordination will improve efficiency and help lower costs.
CNOs should use technology and virtual care to improve the nurse and patient experience.