The Nurse Manager’s Guide to Budgeting & Finance, Third Edition

"What a great reference—complete yet concise! For those nurses who don’t think the budget is important, Rundio identifies the relationship between informed budgeting and improved patient care… No nurse should be without a copy!"

– William J. Lorman, PhD, JD, MSN, PMHNP-BC, NCPsyA, FAAN
Principal, Insight Psychological Services
Willow Grove, Pennsylvania

“This book is essential reading for all advanced practice registered nurse educators and policymakers. Concepts central to healthcare costs, reimbursement, and national policy are presented in a way that is easy for the non-manager to understand. It’s not easy to make budgeting interesting, but Dr. Rundio does it!”

– Sally K. Miller, PhD, APRN, FAANP
Clinical Professor
Drexel University College of Nursing and Health Professions

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 affects budgeting, The Nurse Manager’s Guide to Budgeting and Finance, 3rd Edition, provides practical tools, tips, and strategies for running a unit that were not taught in nursing school:

• Operating and capital budget development and planning for the year
• Formulas and calculations for full-time employee hours, variances, and benefit costs
• Explanation of financial statements, budgets, and reimbursement documents
• The relationship between high reliability organizations (HROs) and finance/budgets
• Differences between not-for-profit and for-profit institutions

TABLE OF CONTENTS

Chapter 1: Budgeting for the Nurse Manager
Chapter 2: Healthcare Reimbursement
Chapter 3: Budget Types
Chapter 4: Budget Development
Chapter 5: Operating Budgets
Chapter 6: Capital Budgets
Chapter 7: Budget Variances
Chapter 8: Budget Reports
Chapter 9: Healthcare Reform and the Affordable Care Act
Chapter 10: Governing Boards of Healthcare Organizations and Specialty Nursing Organizations
Chapter 11: Improving Quality and Safety to Increase Reimbursement
Chapter 12: Conclusions

ALSO AVAILABLE ON THE SIGMA REPOSITORY

• Chapter 4: Budget Development
• Expanded author bio

These free downloads are available at the Sigma Repository.

About the Author:

Al Rundio, PhD, DNP, RN, APRN, NEA-BC, FNAP, FAAN, is an experienced clinician, administrator, and educator. He is a Clinical Professor of Nursing at Drexel University’s College of Nursing and Health Professions in Philadelphia, PA, USA. He is the former Vice President of Nursing/CNO at Shore Medical Center in Somers Point, NJ, USA, and a member of the board of trustees of Inspira Health System.