Financial Management for Nurse Managers and Executives

This resource clearly examines the broad range of financial management issues relevant to todays nurse managers, nurse executives, and nurse entrepreneurs. The authors help readers understand the costs of health care deliveryand offer them practical guidance on managing these costs. Revised and updated, this New Edition integrates the latest developments in managed care, home health care, accounting rules, and technology. No other book offers the reader an in-depth knowledge of budgeting with detailed coverage of broader financial management issues such as health care economics, strategic management, and marketing. A clear and engaging writing style makes this dry subject easy to master. An expert in finance/accounting and an authority in nursing management education co-authored the text to ensure it meets the needs of todays nurses. A new chapter on The Nurse an Entrepreneur (Chapter 20) describes opportunities, legal and financial issues, and the elements of a business plan that all nurses setting up their own business will find useful. A new chapter on Performance Budgeting (Chapter 4) addresses the step-by-step technique of performance budgeting and how to develop performance area measures. Updated content describes new developments in managed care and home health care.