Budgeting Concepts for Nurse Managers

Budgeting Concepts for Nurse Managers


By (author) Steven A. Finkler, By (author) Mary McHugh

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  • Publisher: Saunders
  • Format: Paperback | 520 pages
  • Dimensions: 152mm x 226mm x 20mm | 635g
  • Publication date: 23 October 2007
  • Publication City/Country: Philadelphia
  • ISBN 10: 1416033416
  • ISBN 13: 9781416033417
  • Edition: 4, Revised
  • Edition statement: 4th Revised edition
  • Illustrations note: 1, black & white illustrations
  • Sales rank: 567,470

Product description

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.

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Table of contents

1. Introduction: The Different Types of Budgets 2. The Budgeting Process 3. Motivation and Incentives 4. Cost Concepts 5. Personnel Issues 6. Forecasting 7. Strategic Planning and Business Plans 8. The Operating Budget 9. Revenue Budgeting 10. Capital Budgeting (Technical Appendix: Quantitative Methods for Capital Budgeting) 11. Performance Budgeting 12. Cash Budgeting 13. Variance Analysis 14. Variance Analysis: Examples, Extensions, and Caveats 15. Budgeting for Information Systems 16. Budgeting for the Operating Room 17. Benchmarking, Productivity, and Cost-Benefit and Cost-Effectiveness Analysis 18. Costing Out Nursing Services Additional Suggested Readings Glossary Appendix: Sample Budget Forms and Instructions