Distills complex principles essential to nursing practice today into a concise, easy-to-read format The complexities of health care finance, economics, and policy are today inextricably intertwined with traditional nursing practice. This undergraduate nursing text distills these challenging topics into an engaging, easy-to-read format that facilitates ready application into any practice setting. Written specifically for RN to BSN and second degree nursing programs, the book is the only such text grounded in nurses' understanding and experience. Concise and practical, it supports foundational concepts with real-life case studies and clinical applications and reinforces information with interactive quizzes and multimedia materials. The book's content fulfills one of the AACN's key Essentials of Baccalaureate Education. Written by a health economics and policy expert, former dean, and award-winning teacher, the text synthesizes the vast scope of health economics to create an easily understandable guide for nursing action from bedside to boardroom. The text describes the relationship between nursing and health care economics, and traces the history of our health care system from the early 1900s. It contrasts the economics of health care with that of classic free markets, and discusses the intersection of ethics and economics-providing nurses with the ethical tools to thoughtfully consider dilemmas wrought by today's focus on the bottom line. The book describes how to use economic principles to shape organizations and public policy, and includes a step-by-step, skill-building guide to enhancing professional influence through participation on governing boards. Complex ideas are synthesized to create easy understanding and relevance to nursing practice, especially challenging financial principles for nurses having no prior knowledge of this discipline. The book also includes relevant information on the Affordable Care Act and is compatible with online teaching and coursework. Faculty resources include PowerPoint slides, a test bank, comprehensive review questions, and sample syllabi. Key Features: Fulfills one of the key Essentials of Baccalaureate Education Addresses the specific needs of RN to BSN courses with a concise, easy-to-read format Illuminates complex principles with specific, engaging case examples relevant to nursing practice Authored by leading nurse expert, health policy leader, former dean, and award-winning teacher Guides readers in using economic principles to shape organizations and public policy
"This book ... provides the essential information that nurses need to stay relevant in a world that is transitioning away from providing volume of services and treatments, to one that emphasizes the value of the services and treatments ...
"[This book] will change how you practice, how you think about health care and your contributions as a nurse, and it will better prepare you to thrive and advance in the future" -Peter I. Buerhaus, PhD, RN, FAAN, FAANP(h) Professor of ...
Gesme and Wiseman (2010) explain that most health plan contracts are evergreen contracts, which automatically renew each contract year unless one party asks to modify the contract. Practice managers must know when each health plan ...
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Table 16-6 Variance Analysis Summary F = 14 X P1 V = 1 , x Pv Causes of Laundry Department Cost Change , 2002 to ... in cost $ 40,500 18,000 18,900 74,800 $ 152,200 26.6 11.8 12.4 49.1 H = physical units of fixed resources price per ...
William O. Cleverley, James O. Cleverley ... Farley has an incentive to engage his staffin what might be needless maintenance . This could be controlled by setting limits on the absolute level of incentive payment that could be earned, ...
Also included is a special section on finance for independent practitioners. Additionally, the book delivers required competencies of the AACN Essentials and the AONE.
... third edition of Financial and Business Management for the DNP and this fourth edition of Penner's Economics and Financial Management for Nurses and Nurse Leaders, published ... ECONOMICS AND FINANCIAL MANAGEMENT for NURSES AND NURSE LEADERS.
If improving ROE is our goal, it is important to understand the underlying performance relationships that impact that growth. ROE is simply defined as follows: Net Income ROE Equity (or Net Assets) = However, ROE can be factored into a ...
"This text blends accounting and finance topics related to healthcare.