Nurses focus on the art and science of caregiving, but nurse managers are faced with the economic reality of patient-staffing ratios, budgets, reports, and accounting. Acronyms such as FTEs and ADCs can feel like a foreign language, but thankfully, help is available.
Updated to include details about key legislation that will affect budgeting, The Nurse Manager's Guide to Budgeting and Finance , 3rd Edition, provides practical tools, tips, and strategies for running a unit that you weren't taught in nursing school:
Operating and capital budget development and planning for the year
Formulas and calculations for full-time employee hours, variances, and benefit costs
Explanation of financial statements, budgets, and reimbursement documents
The relationship between high reliability organizations (HROs) and finance/budgets
Differences between not-for-profit and for-profit institutions
"This guide should be part of every nurse manager's toolkit for assuring competent practice."
-Moreen Donahue, DNP, RN, FAAN, NEA-BC, Nurse Consultant
Author(s): Rundio, Al RD
Edition: 3
Language: English
Commentary: Nurse Manager's Guide to Budgeting and Finance
Pages: 256
Tags: Nurse Manager's Guide to Budgeting and Finance
Front Cover
Back Cover
Endorsements
Title Page
Copyright Page
Dedication
Acknowledgments
About the Author
Table of Contents
Foreword
Introduction
Chapter 1: Budgeting for the Nurse Manager
Chapter 2: Healthcare Reimbursement
Chapter 3: Budget Types
Chapter 4: Budget Development
Chapter 5: Operating Budgets
Chapter 6: Capital Budgets
Chapter 7: Budget Variances
Chapter 8: Budget Reports
Chapter 9: Healthcare Reform and the Affordable Care Act
Chapter 10: Governing Boards of Healthcare Organizations and Specialty Nursing Organizations
Chapter 11: Improving Quality and Safety to Increase Reimbursement
Chapter 12: Conclusions
Index