The nurse leader's guide to business skills : strategies for optimizing financial performance

Hunt, Pamela R.N.

The nurse leader's guide to business skills : strategies for optimizing financial performance [E-Book] - Danvers, MA : HCPro Inc., 2011. - 1 online resource (viii, 150 pages)

Includes bibliographical references.

Today's nurse leader -- Strategic plan -- Labor -- Capital and operational budgeting -- Developing a business plan for new services and products -- Staffing -- Managing resources -- Bidirectional communication.

Annotation The Nurse Leaders Guide to Business SkillsStrategies for Optimizing Financial PerformancePamela Hunt, BS, MSN, RN; Deborah Laughon, RN, BSN, MS, DBA, CCRNTake your knowledge of your departments financial management to the next levelInnovative concepts to help you plan, forecast, and evaluate nursing return on investment (ROI)Take charge of your department's financial health and take your knowledge of healthcare management to the next level with The Nurse Leader's Guide to Business Skills. Authors Pamela Hunt, BS, MSN, RN, and Deborah Laughon, RN, BSN, MS, DBA, CCRN, provide tools to build skills and broaden understanding of the healthcare environment beyond basic budget and financial management. Forecast your department's financial resources with ready-to-use nursing tools, time-saving strategies, and sample case studies. Not ready forThe Nurse Leader's Guide to Business Skills?Get the basics withFinance and Budgeting Made Simple: Essential Skills for NursesThis book will help you understand your unit's budget, plan appropriate staffing, get involved in setting budgets, and make budgeting presentations to senior staff. Benefits:The only basic guide to finance and budgeting written for nurse managers and nurse leadersComprehend the financial side of healthcare through easy-to-understand adviceEliminate guesswork with straightforward descriptions of each section of important financial forms and reportsSave time with plain English definitions of potentially confusing financial terminologySecure executive buy-in with concise explanations of how the nursing department's financial performance affects the entire organizationHandle the budget process with quick and helpful field-tested tips and remindersPrepare budget presentations and build business plans with simple and easy-to-follow instructionsObtain adequate financial support for the department through right-way, wrong-way tipsProvide time-saving insight to ancillary leaders who also need financial trainingBonus tools included with your book:Sample Hospital SWOTSample Payer MixSample Surgical Department SWOTSample Agenda for Critical Care Department Planning RetreatSample Schedule for Planning SessionSample 15-year Plan SpreadsheetFixed Costs ChartVariable Costs ChartTotal Costs ChartPlanning ChecklistStaff Planning WorkbookPlan, Do, Study Act Plan for Rapid Cycle Improvements"Five S" StrategyCore Performance Metrics Grid for Concise CommunicationSample HCAHPS Composite Score Trending PresentationUnderstanding the fundamentals of staff planning is important, but it's easy to get bogged down with calculations. This book makes the work easy by including a staffing model toolkit to do the work for you. You'll find 8- and 12-hour staffing model spreadsheet calculators and a productivity worksheet so you can stay within budgeted target hours and evaluate different shift and skill mix percentages without doing the math!Table of contents:OverviewToday's Nurse Manager ResponsibilitiesChallenges Facing the Nurse ManagerStrategic PlanningGoals and ObjectivesStrengths, Weaknesses, Opportunities, and ThreatsGoal DevelopmentHolding Planning Sessions or RetreatsLabor BudgetsFull-Time EquivalentsCalculating ProductivitySpecific Departmental Labor NeedsVariance JustificationMatching Productivity to QualityCapital BudgetingCapital

9781615690435 1615690433


Nursing services--Administration.
Budget.
Nurse administrators.
Nursing Services--organization & administration
Financial Management
Personnel Staffing and Scheduling
Budgets
Efficiency, Organizational
Nursing Services--economics
Nurse Administrators
Nursing, Supervisory

WY 105 / H942n 2011
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