Financial Incentives/Costs In no more than 250 words, summarize the financial impact of the issue and the idea (added costs, cost savings, increased revenue, etc.). Provide support (may include references from the “Research Your Issue” section).

Financial Incentives/Costs In no more than 250 words, summarize the financial impact of the issue and the idea (added costs, cost savings, increased revenue, etc.). Provide support (may include references from the “Research Your Issue” section).

Financial Incentives/Costs

 

In no more than 250 words, summarize the financial impact of the issue and the idea (added costs, cost savings, increased revenue, etc.). Provide support (may include references from the “Research Your Issue” section).

Using the findings from McHugh et al. (2021) and Lasater et al. (2021), implementing a legislative mandate to have adequate nurse-to-patient ratios has significant cost savings resulting from shorter lengths of stay and reduced readmission rates. Lasater et al. (2021), estimate these savings to be over $700 million, while McHugh et al. (2021) estimate the savings to be close to twice the amount of money spent in employing the additional nursing staff. Additional benefits in costs could be higher reimbursement rates resulting from the provision of quality care and reduced readmission rates, all as a result of a value-based payment model.
 Legislature: Information Needed and Process for Proposal

 

Discuss how to advocate for your proposal using legislation. Include the following:

Provide the name and complete contact information for the legislator. Hakeem Jeffries

 

55 Hanson Place

Suite 603

Brooklyn, NY 11217

Phone: (718) 237-2211

Describe the steps needed to present this to your legislator. The best way to introduce the legislative agenda to the legislator is by scheduling a one-on-one meeting, first by reaching out through email and directly contacting the office for an appointment. A one-on-one meeting is preferred since there will be enough time and opportunities for the legislator to seek clarification and gain an understanding of the pertinent issue.
Interprofessional Collaboration in the Legislative Arena

 

In no more than 250 words, discuss the role interprofessional collaboration plays in advocacy through legislation.

Interprofessional collaborations play a significant role in enforcing advocacy initiatives and mobilizing the required level of support to ensure that the push for legislative action is successful. Legislation often requires garnering support from different stakeholders to highlight the importance of the issue.

 

In this case, interprofessional collaboration with other stakeholders in the healthcare industry will be crucial in relaying to the legislators the importance of having the required nurse-to-patient ratios and how it relates to better population health outcomes and savings in terms of government expenditure on health. Interprofessional collaboration is essential in collecting required data to support the legislative agenda and lobbying different stakeholders to support the legislative initiative (Nsiah et al.,2019).

Leadership Competencies and Styles

 

The American Organization of Nurse Executives (AONE) has identified leadership competencies relevant for nurse leaders to guide practice within the health care system. Describe two leadership competencies identified by the AONE that would also be necessary for a nurse to advocate for the legislative solution you have proposed. Discuss how the theory of servant leadership supports these competencies. This section should be addressed in no more than 250 words. 

Two competencies identified by the AONE relevant for advocacy through legislation are communication and relationship management and knowledge of the healthcare environment (American Organization of Nurse Executives, 2015). Nurse leaders need to be effective in communicating with the different stakeholders, and building effective relationships that will help gain the required support for their initiative. Nurses also need to understand the dynamics of the different care delivery models to be convincing, using evidence to support their initiatives.

 

The theory of servant leadership requires a leader to clarify and understand what others are thinking. It requires the leader to be effective in forging useful relationships with others to achieve

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