Description
Ask nurse managers what they most need to be effective and chances are they will say they need to know more about budgeting and finance. Finkler (public and health administration emeritus, New York U.) and his co-authors have added four new chapters, including information on quality, costs, financing, revenue budgeting, variance analysis, productivity and cost analysis while updating other materials based on current research and practice. They thoroughly describe their financial management framework, including the health care environment, the role of nurse leadership in health care, key issues in applied economics, and systems of quality, costs and financing. They present the basics of financial accounting, including principles and financial statement analysis, then describe cost analysis, including cost management and issues relating to retaining staff, planning and control, managing financial resources, forecasting, marketing, and acting as an entrepreneur. Annotation ©2008 Book News, Inc., Portland, OR (booknews.com)
Read More
Covering the financial topics all nurse managers need to know and use, this book explains how financial management fits into the healthcare organization. You'll study accounting principles, cost analysis, planning and control management of the organization's financial resources, and the use of management tools. In addition to current issues, this edition also addresses future directions in financial management.Chapter goals and an introduction begin each chapter.Each chapter ends with Implications For The Nurse Manager and Key Concepts, to reinforce understanding.Key Concepts include definitions of terms discussed in each chapter.A comprehensive glossary with all key terms is available on companion Evolve® website.Two chapter-ending appendixes offer additional samples to reinforce chapter content.Four NEW chapters are included: Quality, Costs and Financing; Revenue Budgeting; Variance Analysis: Examples, Extensions, and Caveats; and Benchmarking, Productivity, and Cost-Benefit and Cost-Effectiveness Analysis.The new Medicare prescription bill is covered, with its meaning for healthcare providers, managers, and executives.Coverage now includes the transition from the role of bedside or staff nurse to nurse manager and nurse executive.Updated information includes current nursing workforce issues and recurring nursing shortages.Updates focus on health financing and the use of computers in budgeting and finance.New practice problems are included.
Read Less