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. While long-term budgeting can aid financial planning, cost-effectiveness in healthcare focuses on strategies that balance quality and expense in the short to medium term. A 10-year budget does not inherently ensure cost-effective care. B. Purchasing more expensive items does not guarantee better outcomes. Cost-effective care means achieving the best possible client outcomes at the lowest reasonable cost. C. Hiring travel nurses generally increases staffing costs due to higher hourly wages and agency fees, making it a less cost-effective option unless used temporarily during staffing crises. D. Preventing hospital readmissions through effective discharge planning, client education, and follow-up care reduces unnecessary healthcare utilization and expenses while improving patient outcomes. This is a key measure of both quality and cost-effective nursing practice.