Ceiling Lifts Capital Budget Analysis

Nurse leaders are held accountable for operating budgets and other budgets used in healthcare, such as special purpose budgets and capital budgets. Each budget serves a purpose in reporting, monitoring, controlling and in planning revenue and expenses. Nurses should therefore understand the purpose and preparation of budgets (Knighten & Waxman, 2024). Capital Budget for Purchase of Ceiling Lifts Capital budgets are budgets for long-term investments that are often high cost. Smaller capital budgets are being prepared for the purchase of equipment (Knighten & Waxman, 2024). Nurses may become involved in the capital budget process in several ways. Nurse managers might ask nurses for their input on equipment, and nurses may have the opportunity …show more content…
The importance of having accessibility to an overhead ceiling hoyer lift in every room in the ER is crucial to complying with the safe patient handling legislation, by ensuring the necessary mobility transfer equipment is always accessible. Patient care often involves physically demanding patient handling tasks such as transferring a patient from wheelchair to stretcher, repositioning a patient in the stretcher or bed, holding a body part for dressing, or making up a bed occupied by a patient. The high risk of musculoskeletal injury from such patient handling is a well-recognized occupational health problem among nursing personnel, resulting in days away from work. Therefore, to prevent patient handling injuries, institutions need to take every necessary step to provide staff with the necessary equipment needed for safe patient handling (Lee, Kang, Lee, 2021). Using the SWOT matric to evaluate the capital budget for the purchase of a twenty-eight overhead ceiling hoyer lift for the ER. The strength of this capital purchase benefits the entire healthcare system. It ensures that staff have accessibility to necessary mobility transfer equipment, resulting in fewer staff injuries and fewer days away from work. The weakness involved in this capital purchase involves the need for a large investment for just one unit, leaving less …show more content…
As an active member of the Quality and Safety Magnet Council, a main project that I was involved in was the reeducation of foley catheter insertion criteria. After the completion of this organizational quality improvement project, nurses gave their feedback and found the information useful in improving the quality of their nursing care. This project was a success in decreasing catheter-associated urinary tract infections (CAUTI) in the organization. The organization will provide this quality improvement project for the next two years. For one full week in January for the fiscal year 2025 and 2026, each unit in the hospital will be educated at the unit level and there will also be open auditorium hours for staff to walk in, if they missed the in-unit education day. The special budget for this project includes personnel expenses for two nurses to educate the staff for five days, eight hours per day. The non-personal expenses include the paper for the educational tip sheet handout. The in-kind contributions made to this quality improvement project were made available by the education department. The resources they provided were the foley catheter trays and straight catheter tray, which were all reused supplies for educational purposes. The education department also provided the office space, computers, and printers with

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