budget oversight

What Challenges are Faced in Budget Oversight?

Several challenges can arise during budget oversight in nursing:
Unpredictable Costs: Sudden increases in costs due to emergencies, patient surges, or supply shortages can strain budgets.
Staffing Issues: High turnover rates or the need for overtime can lead to unexpected expenses.
Technological Changes: Investing in new technology or equipment can be costly and may require budget reallocations.
Regulatory Requirements: Compliance with new regulations can necessitate additional spending, impacting the budget.

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