Financial Management for Nurse Managers and Executives

Financial Management for Nurse Managers is a text designed for financial management courses in graduate level nursing programs and for practicing nurses or nurse entrepreneurs who are seeking a better understanding of financial management. It covers financial topics all nurse managers need to know and use in their roles as managers.

• Nursing-focused content thoroughly describes health care finance and accounting from the nurse manager's point of view.
• Numerous worksheets and tables including healthcare spreadsheets, budgets, and calculations illustrate numerous financial and accounting methods.
• Chapter opener features include learning objectives and an overview of chapter content to help you organize and summarize your notes.
• Key conceptsdefinitions found at the end of each chapter help summarize your understanding of chapter content.
• Suggested Readings found at the end of each chapter give additional reading and research opportunities.

• NEW! Major revision of chapter 2(The Health Care Environment), with additions on healthcare reform, initiatives to stop paying for hospital or provider errors, hospice payment, and funding for nursing education; plus updates of health care expenditure and pay for performance; provide a strong start to this new edition.
• NEW! Major revision of chapter 5(Quality, Costs, and Financing), with updates to quality-financing, Magnet organizations, and access to care, provides the most up-to-date information possible.
• NEW! Reorganization and expansion of content in chapter 15(Performance Budgeting) with updated examples better illustrates how performance budgeting could be used in a pay-for-performance environment.
• NEW! Majorrevision of the variance analysis discussion in chapter 16 (Controlling Operating Results) offers a different approach for computation of variances that is easier to understand.
• NEW!Addition of comparative effectiveness research to chapter 18 (Benchmarking, Productivity, and Cost Benefit and Cost Effectiveness Analysis) covers a recently developed approach informs health-care decisions by providing evidence on the effectiveness of different treatment options.
• NEW! Addition of nursing intensity weights, another approach for costing nursing services, to chapter 9 (Determining Health Care Costs and Prices), lets you make decisions about what method works best for you.