The Nurse Manager's Guide to Budgeting & Finance [NOOK Book]

Overview

This is the second in STTI’s popular series of practical handbooks for nurse managers. As a nurse manager, one will deal with the economic reality of patient-staffing ratios, reports, and accountants. Acronyms such as FTEs and ADCs can feel like a foreign language many new managers haven’t learned yet. This book provides practical tools, tips, and strategies that will help one be a successful nurse manager.
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The Nurse Manager's Guide to Budgeting & Finance

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Overview

This is the second in STTI’s popular series of practical handbooks for nurse managers. As a nurse manager, one will deal with the economic reality of patient-staffing ratios, reports, and accountants. Acronyms such as FTEs and ADCs can feel like a foreign language many new managers haven’t learned yet. This book provides practical tools, tips, and strategies that will help one be a successful nurse manager.
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Editorial Reviews

Doody's Review Service
Reviewer: Cynthia Lee Cummings, RN, MSN, EdD (University of North Florida Brooks College of Health)
Description: This book describes healthcare budgeting and finance for nurse managers and covers in depth healthcare reimbursement, which is an area that is not normally well understood by nurse managers.
Purpose: The purpose is to describe healthcare budgets, finances, and reimbursement. This book is certainly needed in these difficult economic times.
Audience: It is written for nurse managers and others interested in healthcare budgeting and finance. The author notes that the book was informed by classes he took and taught as well as his experience managing in a variety of healthcare settings.
Features: The book covers many topics, such as healthcare reimbursement, the role of insurance companies, capitation, accountable care organizations, and varying budget models, including capital expenditures, variance analysis, and reports. It contains a helpful glossary of terms, many examples of budgets, and "key action" points that make excellent student assignments. It is not intended to address areas of management other than financial issues in its 117 pages.
Assessment: This is an excellent resource for nurse managers or students needing an understanding of financial management in healthcare. The book presents valuable information, reports, and action items, which are particularly pertinent in the current economic climate. It is unique in its singular focus on the financial aspects, which may be all that a nurse manager requires. New nurse managers needing a broader-based understanding may find books such as The Business of Nurse Management: A Toolkit for Success, Bateman (Springer Publishing, 2012), more appropriate.
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Product Details

  • ISBN-13: 9781935476665
  • Publisher: Sigma Theta Tau International
  • Publication date: 2/12/2012
  • Sold by: Barnes & Noble
  • Format: eBook
  • Edition number: 1
  • Pages: 140
  • Sales rank: 442,016
  • File size: 3 MB

Meet the Author

Al Rundio, PhD, DNP, RN, APRN, NEA-BC, DPNAP, is an experienced clinician, administrator, and educator. He is Assistant Dean, Clinical Professor of Nursing, and Department Chair for the Doctor of Nursing Program at Drexel University College of Nursing and Health Professions. Formerly Vice President of Nursing at Shore Memorial Hospital in Somers Point, New Jersey, Rundio is co-author of Nurse Executive Review and Resource Manual, published by American Nurses Credentialing Center. Rundio has held various faculty positions at Drexel University, Rutgers University, and the Richard Stockton College of New Jersey. He has taught across the curriculum in BSN programs and graduate nursing programs. He currently holds the following positions:

• Clinical Associate Professor of Nursing, Drexel University, College of Nursing & Health Professions, Graduate Leadership and Management Track, Philadelphia, PA.
• Consultant to American Nurses Credentialing Center - Developed and teach the Nurse Executive Review Courses; Adult Nurse Practitioner Review Courses; Pharmacology Update Seminars.
• Nurse Practitioner, Recovery Services of NJ, Inc. Practice part-time treating adolescents and adults in a residential addictions treatment center.
• President-Elect International Nurses Society on Addictions

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    Posted December 28, 2013

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