Covering the financial topics all 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.
- 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 concepts definitions 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! 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.
