financial sustainability

What Are the Key Challenges?

Several challenges impede financial sustainability in nursing:
1. Rising Healthcare Costs: The cost of medical supplies, medications, and advanced technologies continues to rise, straining budgets.
2. Staffing Shortages: Hiring and retaining qualified nurses can be expensive, especially with the current nursing shortage.
3. Regulatory Changes: Frequent changes in healthcare policies and regulations can affect reimbursement rates and operational costs.
4. Patient Demographics: An aging population increases the demand for healthcare services, particularly long-term and specialized care.

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