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Budgeting Concepts for Nurse Managers, 4e, by Steven A. Finkler PhD CPA, Mary McHugh
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An in-depth guide to preparing accurate nursing budgets, this book will help you improve your financial skills and contribute to your organization's strategic planning. It discusses the different types of budgeting, the budgeting process, forecasting, variance analysis, and costing out nursing services. A variety of settings are included: hospitals, long-term care, home health, community health, managed care, and others. With this guide, you'll learn how to communicate effectively with financial managers, succeed in your role in the budgeting process, and assist in the delivery of high-quality patient care at the lowest possible cost.
- Each chapter includes Learning Objectives to focus your study and a Summary and Implications for Nurse Managers to reinforce what you've learned.
- Additional Suggested Readings provides helpful resources for further research and study.
- An appendix includes numerous sample budget forms and instructions, allowing you to see firsthand the various types of budgeting forms used in day-to-day practice.
- New "Budgeting for Information Systems" chapter describes how to budget for information technology (IT), what kind of personnel you should consider hiring to support the nursing IT function, and how to evaluate IT products.
- New "Budgeting for the Operating Room" chapter covers key stakeholders in the budget development process, developing the prioritization process, and specialized aspects of the operating room budget.
- A discussion of magnet hospitals has been added, including the cost implications of applying for "magnet" status.
- Coverage now includes different delivery care models and their potential budgetary impact to a health care organization, along with Clinical Ladders and the budgetary implications of nurses "testing-up" the ladder.
- Budgeting for clinics and same-day surgery facilities is described.
- Updated and expanded content discusses budget variance analysis and interpretation of budget reports that differ from the planned budget.
- Includes the budget implications of outsourcing, and how to determine whether outsourcing is cost-effective for a particular service.
- Sales Rank: #162615 in Books
- Brand: Brand: Saunders
- Published on: 2007-09-20
- Original language: English
- Number of items: 1
- Dimensions: 9.02" h x 1.05" w x 5.98" l, 1.37 pounds
- Binding: Paperback
- 520 pages
- Used Book in Good Condition
Most helpful customer reviews
2 of 2 people found the following review helpful.
Clear, concise book--even for non-managers!
By Wine Mama
Amazingly, this is a really good book. I say "amazingly" because it it, after all, a book on budgeting. However, it's a clear and concise read for a nurse who has zero management or budgeting experience. I am enrolled in a DNP program in the Nurse Executive tract and my career goal is management. The author's use of examples clarifies the confusing subject matter of this book and makes it easy for me to apply these concepts in my practice, despite the fact that I'm not in a management position. My manager has even said, "Maybe you can teach me some things!" See, I'm already indispensable ;)
1 of 1 people found the following review helpful.
Budgeting concepts
By GWMS
The best part of this book is the recognition that most of us have moved into management without any formal training, and then explained the concepts as if we do not know anything (we do not) without making us feel like fools. For the first time I now actually understand what a regression analysis means....
The not so nice part is the book is the small print. I would have been willing to pay more for a bigger book with more pages so that the font would be more readable... My suggestion, get it in e-format, and you will get a lot of happier readers :)
1 of 1 people found the following review helpful.
budgeting concepts
By kerry davis
The book is a great resource for new managers. It is easy to read and understand and gives great examples.
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