A group of nurse managers is discussing cost effectiveness with hospital administrators. Which of the following statements indicates a strategy for cost effectiveness?
Explanation & Rationale
Rationale: A. This is the correct answer because cost-effectiveness in healthcare focuses on improving patient outcomes while reducing unnecessary use of resources. Hospital readmissions are costly and often preventable through effective discharge planning, patient education, and continuity of care. By preventing readmissions, the facility reduces duplication of services, hospital days, and overall healthcare expenditures, making this a true cost-effectiveness strategy. B. Higher cost does not automatically equate to better quality or outcomes. Cost-effectiveness requires balancing quality and cost. Without evidence that more expensive items improve outcomes, this statement does not represent a cost-effective strategy. C. Long-term budgeting is a financial planning strategy, not a direct indicator of cost-effectiveness. While budgeting is important for resource allocation, it does not guarantee that care provided will be cost-effective or efficient in terms of outcomes versus cost. D. Travel nurses are typically more expensive than permanent staff due to higher hourly rates and contract costs. Therefore, this approach generally increases expenses rather than containing costs, making it not a cost-effective strategy.