The Nurse Leader's Guide to Business Skills: Strategies for Optimizing Financial Performance / Edition 1

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Take charge of your department's financial health and take your knowledge of healthcare management to the next level with The Nurse Leader's Guide to Business Skills. Authors Pamela Hunt, BS, MSN, RN, and Deborah Laughon, RN, BSN, MS, DBA, CCRN, provide tools to build skills and broaden understanding of the healthcare environment beyond basic budget and financial management. Forecast your department's financial resources with ready-to-use nursing tools, time-saving strategies, and sample case studies.
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Product Details

  • ISBN-13: 9781601468697
  • Publisher: HCPro, Inc
  • Publication date: 9/1/2011
  • Edition description: New Edition
  • Edition number: 1
  • Pages: 162
  • Sales rank: 1,126,359
  • Product dimensions: 8.30 (w) x 10.70 (h) x 0.40 (d)

Meet the Author

Pamela Hunt, BS, MSN, RN, is vice president of patient services/chief nursing executive at The Indiana Heart Hospital in Indianapolis. She has lectured nationally and internationally on the challenges of nursing leadership. Her articles regarding healthcare leadership have been published in nationally recognized journals, including Nursing Management, Dimensions of Critical Care Nursing, OR Nursing, and AORN Journal. She authored the learning module entitled “The Nurse Manager and Business Plan Development with Cost-Benefit Analysis” for Sigma Theta Tau.

Deborah Laughon, RN, BSN, MS, DBA, CCRN, is the ANCC Magnet Recognition Progam® manager at Florida Hospital. She has a unique background combining cardiac, acute, and emergency care clinical expertise with broad analytical and financial management in a large community institution. She coordinates publications and research to support evidence-based practice and extends the science of nursing to achieve ANCC Magnet Recognition Program® designation. Previously, Laughon served as director of emergency and cardiac service, patient flow, systems improvement manager, and clinical manager for the coronary care unit, cardiac interventional unit, adult admissions unit, catheter lab recovery unit, and clinical dietitians. Laughon also serves as faculty for the University of Phoenix, Central Florida and College of Natural Science and Nursing.She has been published in national healthcare and nursing journals and has presented to healthcare organizations nationwide and for national professional associations.

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Table of Contents


Today’s Nurse Manager Responsibilities

Challenges Facing the Nurse Manager

Strategic Planning

Goals and Objectives

Strengths, Weaknesses, Opportunities, and Threats

Goal Development

Holding Planning Sessions or Retreats

Labor Budgets

Full–Time Equivalents

Calculating Productivity

Specific Departmental Labor Needs

Variance Justification

Matching Productivity to Quality

Capital Budgeting

Capital Justification

Unexpected Expenses

Budgeting for Operating Expenses

Developing a Business Plan for New Services and Products

The Business Approach

Humanistic Approach

Presentation of Plan


Outside Controls On the Practice of Nursing

Presenting Your Case to the Decision Makers

Tools for Rapid Cycle Improvements

Case Study: Changes in Guidelines for Perinatal Care

Managing Resources

Supply Management in Nursing

Par Levels

Best Practices in Supply Chain ManagementTechnology Considerations

Staff Involvement

Bidirectional Accountability and Responsibility

Communication and Data Sharing Strategies with:

–Department Staff

–Nursing Leaders



–Executive Team

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