

Financial Management for Nurse Managers and Executives - Elsevier eBook on VitalSource, 4th Edition
Elsevier eBook on VitalSource


Covering the financial topics all future nurse managers need to know and use, this book explains how financial management fits into the healthcare organization. Topics include 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.
Newer Edition Available
Financial Management for Nurse Managers and Executives - Elsevier eBook on VitalSource
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- 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! Major revision of the variance analysis discussion in chapter 16 (Controlling Operating Results) offers a different approach for computation of variances that is easier for students to comprehend.
- NEW! Addition of comparative effectiveness research to chapter 18 (Benchmarking, Productivity, and Cost-Benefit and Cost-Effectiveness Analysis) covers a recently developed approach that is designed to inform 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.
- 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 provide students with specific examples of how to apply financial management principles to nursing practice.
- Chapter opener features include learning objectives and an overview of chapter content to help students organize and summarize their notes.
- Key concepts definitions found at the end of each chapter help summarize students’ understanding of chapter content.
- Suggested Readings found at the end of each chapter give additional reading and research opportunities.
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- 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! Major revision 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.
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Part I: A Financial Management Framework
1. Introduction and Overview
2. The Health Care Environment
3. The Role of Financial Management and Nurse Leadership in Health Care Organizations
4. Key Issues in Applied Economics
5. Quality, Costs, and FinancingPart II: Financial Accounting
6. Accounting Principles
7. Analysis of Financial Statement InformationPart III: Cost Analysis
8. Cost Management
9. Determining Health Care Costs and Prices
10. Costs and Other Issues Related to Recruiting and Retaining StaffPart IV: Planning and Control
11. Strategic Management
12. Budgeting Concepts
13. Operating Budgets
14. Revenue Budgeting
15. Performance Budgeting
16. Controlling Operating Results
17. Variance Analysis: Examples, Extensions, and Caveats
18. Benchmarking, Productivity, and Cost-Benefit and Cost-Effectiveness AnalysisPart V: Managing Financial Resources
19. Short-Term Financial Resources
20. Long-Term Financial ResourcesPart VI: Looking to the Future
21. Forecasting
22. The Nurse as Entrepreneur
23. Nursing and Financial Management: Current Issues and Future DirectionsGlossary