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 managerOCOs point
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
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
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
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
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
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