Making the Business Case for Forensic Nursing Care (archived - OVC)-Making the Business Case for Forensic Nursing Care recording

Making the Business Case for Forensic Nursing Care recording

Video Transcription

Video Summary

The video transcript discusses creating a business case for forensic nursing care, specifically focusing on the need for a forensic nursing coordinator and the financial implications of such a role. The presenter, Ashley Bowman, outlines the process of calculating ROI and break-even points to justify the investment in a full-time coordinator. Key components of the business case include budgeting for personnel, supplies, and other costs, evaluating the revenue diverted by not having a coordinator, and determining the number of patients needed to break even on the coordinator's salary. The presentation underscores the importance of aligning with organizational goals, tracking data for cost analysis, and communicating effectively with hospital leadership. The goal is to show the financial sustainability and value of forensic nursing programs despite challenges in revenue generation. Further discussions address the need for research on the impact of forensic nursing care on health outcomes and provide resources for developing business models and presentations.

Keywords

forensic nursing

business case

coordinator

ROI

budgeting

break-even

financial sustainability

organizational goals

cost analysis

health outcomes