English | 2021 | ISBN: 1646480155 , 978-1646480159 | 266 pages | True PDF | 7.31 MB
Nurses focus on the art and science of caregiving, but nurse managers are faced with the economic reality of patient-staffing ratios, budgets, reports, and accounting. Acronyms such as FTEs and ADCs can feel like a foreign language, but thankfully, help is available.
Updated to include details about key legislation that will affect budgeting, The Nurse Manager's Guide to Budgeting and Finance , 3rd Edition, provides practical tools, tips, and strategies for running a unit that you weren't taught in nursing school:
Operating and capital budget development and planning for the yearFormulas and calculations for full-time employee hours, variances, and benefit costsExplanation of financial statements, budgets, and reimbursement documentsThe relationship between high reliability organizations (HROs) and finance/budgetsDifferences between not-for-profit and for-profit institutions
"This guide should be part of every nurse manager's toolkit for assuring competent practice."
-Moreen Donahue, DNP, RN, FAAN, NEA-BC, Nurse Consultant
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