Financial Management for Nurse Managers: Merging the Heart with the Dollar, Third Edition is an essential resource that addresses the financial management issues faced by nurse managers. Ideal for students, professionals, chief nursing officers, and those in nurse administrator roles, it examines the financial impact of administrative and management decisions across hospitals and healthcare organizations.
The Third Edition covers a broad range of topics, and demonstrates the inter-connectivity between finance and other aspects of health care through evidence in healthcare finance, economics and cost accounting, budgeting, staffing effectiveness, and legal and ethical issues. The text is expertly organized and includes real-world examples to lend context to the reader. Coverage of the value-based reimbursement system is an integral component of the Third Edition. The authors emphasize the concept of giving the patient what is valued and recommend listening to patient needs, collaboration in healthcare decision-making, and shifting the role of the administrator to support care leaders. Additionally, the text has been updated to reflect the impact of the Affordable Care Act.
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"This excellent book is both thorough and current, making it a valuable resource for its intended audience. For a new nurse manager, it is well worth the cost. It is also a great resource for management or for educators teaching nursing management."
-- Cynthia Cummings, RN, MSN, EdD (University of North Florida Brooks College of Health) - Doodys Review
Nurse managers and administrators are the intended audience.