Financial Management for Nurse Managers and Executives


  • Steven Finkler, PhD, CPA, Program in Health Policy and Management, Robert F. Wagner Graduate School of Public Service, New York University, New York, NY
  • Cheryl Jones, RN, PhD, University of North Carolina at Chapel Hill, School of Nursing, Chapel Hill, NC
  • Christine Kovner, PhD, RN, FAAN, Division of Nursing, School of Nursing, New York University, New York, NY

Covering the financial topics all nurse managers need to know and use, this book explains how financial management fits into the healthcare organization. Topics include accounting principles, cost analysis, planning and control management of the organization's financial resources, and the use of management tools. In addition to current issues, this edition also addresses future directions in financial management.
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Book information

  • Published: July 2012
  • Imprint: SAUNDERS
  • ISBN: 978-1-4557-4499-2

Table of Contents

Part I: A Financial Management Framework
1. Introduction and Overview
2. The Health Care Environment
3. The Role of Financial Management and Nurse Leadership in Health Care Organizations
4. Key Issues in Applied Economics
5. Quality, Costs, and Financing

Part II: Financial Accounting
6. Accounting Principles
7. Analysis of Financial Statement Information

Part III: Cost Analysis
8. Cost Management
9. Determining Health Care Costs and Prices
10. Costs and Other Issues Related to Recruiting and Retaining Staff

Part IV: Planning and Control
11. Strategic Management
12. Budgeting Concepts
13. Operating Budgets
14. Revenue Budgeting
15. Performance Budgeting
16. Controlling Operating Results
17. Variance Analysis: Examples, Extensions, and Caveats
18. Benchmarking, Productivity, and Cost-Benefit and Cost-Effectiveness Analysis

Part V: Managing Financial Resources
19. Short-Term Financial Resources
20. Long-Term Financial Resources

Part VI: Looking to the Future
21. Forecasting
22. The Nurse as Entrepreneur
23. Nursing and Financial Management: Current Issues and Future Directions