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Budgeting Concepts for Nurse Managers, 4e, by Steven A. Finkler PhD CPA, Mary McHugh
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An in-depth guide to preparing accurate nursing budgets, this book will help you improve your financial skills and contribute to your organization's strategic planning. It discusses the different types of budgeting, the budgeting process, forecasting, variance analysis, and costing out nursing services. A variety of settings are included: hospitals, long-term care, home health, community health, managed care, and others. With this guide, you'll learn how to communicate effectively with financial managers, succeed in your role in the budgeting process, and assist in the delivery of high-quality patient care at the lowest possible cost.
- Each chapter includes Learning Objectives to focus your study and a Summary and Implications for Nurse Managers to reinforce what you've learned.
- Additional Suggested Readings provides helpful resources for further research and study.
- An appendix includes numerous sample budget forms and instructions, allowing you to see firsthand the various types of budgeting forms used in day-to-day practice.
- New "Budgeting for Information Systems" chapter describes how to budget for information technology (IT), what kind of personnel you should consider hiring to support the nursing IT function, and how to evaluate IT products.
- New "Budgeting for the Operating Room" chapter covers key stakeholders in the budget development process, developing the prioritization process, and specialized aspects of the operating room budget.
- A discussion of magnet hospitals has been added, including the cost implications of applying for "magnet" status.
- Coverage now includes different delivery care models and their potential budgetary impact to a health care organization, along with Clinical Ladders and the budgetary implications of nurses "testing-up" the ladder.
- Budgeting for clinics and same-day surgery facilities is described.
- Updated and expanded content discusses budget variance analysis and interpretation of budget reports that differ from the planned budget.
- Includes the budget implications of outsourcing, and how to determine whether outsourcing is cost-effective for a particular service.
- Sales Rank: #233280 in Books
- Brand: Brand: Saunders
- Published on: 2007-09-20
- Original language: English
- Number of items: 1
- Dimensions: 9.02" h x 1.05" w x 5.98" l, 1.37 pounds
- Binding: Paperback
- 520 pages
- Used Book in Good Condition
About the Author
"Dr. Steven A. Finkler" is Professor of Public and Health Administration, Accounting, and Financial Management at New York University's (NYU) Robert F Wagner Graduate School of Public Service (NYU/Wagner). At NYU/Wagner he heads the specialization in health services financial management. An award-winning teacher and author, Dr. Finkler is engaged in a variety of research topics in the areas of economics and accounting.
Among his publications are sixteen books, several of which are "Finance and Accounting for Nonfinancial Managers," third Edition, (2003), "Budgeting Concepts for Nurse Managers," third Edition, (2001), and "Cost Accounting for Health Care Organizations," second Edition, (with David Ward, 1999.). He has also published more than 200 articles in many journals, including "Health Services Research," the "Journal of Public Policy and Management," and "Healthcare Financial Management."
He received a Bachelor of Science degree in Economics (dual major in Accounting and Finance) and Master of Science degree in Accounting from the Wharton School at the University of Pennsylvania. His Master's degree in Economics and Doctorate in Business Administration were awarded by Stanford University.
Dr. Finkler, who is also a Certified Public Accountant, worked for several years as an auditor with Ernst and Young and was on the faculty of the Wharton School before joining NYU. He is a member of the Executive Board of the International Society for Research in Healthcare Financial Management, the Editorial Board of "Health Care Management Review," and the Board of Governors of Daughters of Israel Geriatric Center. He served as Editor of "Hospital Cost Management &Accounting" for 12 years, and is a past member of the National Advisory Council for Nursing Research at the National Institutes of Health (NIH). He consults extensively, both around the country and abroad.
Mary McHugh is a writer and regular contributor to SeniorWomen.com. She is the author of 15 books, including How Not to Become a Little Old Lady. Mary has written for "Good Housekeeping", the "New York Times", and "Family Circle".
Online:
www.marymchugh.com
Most helpful customer reviews
13 of 13 people found the following review helpful.
The "Must Have" Budgeting Book for Nurse Managers!
By Mary L. McHugh
This classic by Finkler & Graf has been used successfully in many graduate Nursing Administration programs. It is well written and understandable to people who don't have an accounting background. The content is well organized, thorough and accurate. Steven Finkler is one of the most prestigious authors in the field of finance, financial management and budgeting for non-accountant managers in health care. This book is an excellent resource for head nurses, nursing directors, and many nurse executives still keep it as a reference. Indeed, any manager who operates a 24/7 service business might find it useful for understanding how to prepare a budget for that kind of operation. Anyone interested in the concepts of budgeting, and especially, how to apply those concepts in a hospital nursing unit setting can benefit from this book. It is the best text I have found for teaching these concepts to graduate nursing students.
6 of 6 people found the following review helpful.
Budgeting Concepts for Nurse Mangers
By D. Ann L. Jacobs
Excellent book! I needed this for a Finance class in grad school. This book is an excellent resource. It clearly explains everything one would need to know about Budgeting in healthcare. It is loaded with examples of real life situations making it an easy book to read and hold your attention. i will be holding on to this book for future use.
1 of 1 people found the following review helpful.
Budgeting Concepts
By Coogan RN
Easy to read and understand
I am taking 2 classes while working full time and this book makes it easy to read.
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