| Dates | Location | Tuition |
|---|---|---|
| Feb 18, 2009 - Feb 20, 2009 | Philadelphia | $2,950 |
How do you evaluate your environment from a financial perspective? Each day, nurse administrators are faced with tactical and strategic challenges relating to financial management, such as how to figure staff incentives, how to use statistics to predict the impact of volume changes on your departmental costs, and how to predict month-to-month variations to allow for better staffing and supply order decisions. As a clinician, you understand the care you need to provide. But how can you run a financially viable operation while continuing to keep patient care as the organization's primary focus?
Financial Management for Nurse Managers and Directors offers a best practices foundation in financial decision making, policy, and practice within a financial context. This is not a basic finance course — this is an in-depth program that takes a broad perspective on finance within the health care system.
Prices are subject to change. Course Consultants are available to provide more information on course specifics and discuss how this program might meet your needs. Please contact them at +1.215.898.1776 or by e-mail.
This new, intensive, three-day program is a broad look at essential financial management elements for nurse managers and directors.
The first day of the program begins with an overview of the health care environment and the financing of the health care system, considering how providers are paid, and then continues with a discussion of health economics. Topics of special concern, such as financial issues related to recruiting and retaining staff and cost analysis are also covered on the first day.
The second day focuses on financial techniques, such as cost estimation and forecasting, break-even analysis, variance analysis, and capital budgeting. In the evening, there is a discussion of current issues and future directions.
The third day begins with "Total Cost Management," a TQM-based approach for measuring the costs related to quality assurance. The rest of the day offers an in-depth discussion of financial statements.
Financial Management for Nurse Managers and Directors Session Topics
- The Health Care Environment
- Key Issues in Applied Health Economics
- Financial Issues Related to Recruiting and Retaining Staff
- Forecasting, Break-Even Analysis, and Cost Estimation
- Variance Analysis
- Capital Budgeting
- Nursing and Financial Management: Current Issues and Future Directions
- Total Cost Management
- Financial Accounting
This program is specifically designed for hospital nursing directors and directors with financial responsibilities. Unlike general finance programs targeted to multiple industries, this course delves deep into the specific challenges faced by nursing administrators in a department, division, or service line setting.
By attending this program you will:
- Evaluate your practice environment from a financial perspective.
- Face tactical and strategic challenges relating to financial management while keeping patient care as the primary focus.
- Receive a best practices foundation in financial decision making, policy, and practice within a financial context.
STEVEN
FINKLER, PhD, CPA
Wagner School of Public Service, New York University
Among his publications are 17 books and more than 200 journal articles. His books include Budgeting Concepts for Nurse Managers, 3rd edition; Financial Management for Nurse Managers and Executives, 2nd edition (with Chris Kovner); and Accounting Fundamentals for Health Care Management (with David Ward). He has published articles in Nursing Economics, the Journal of Nursing Administration, the Western Journal of Nursing Research, Nursing Administration Quarterly, the New England Journal of Medicine, and other leading journals.
He is currently working on the 3rd edition of Financial Management for Nurse Managers and Executives (with Chris Kovner and Cheryl Jones), and the 4th edition of Budgeting Concepts for Nurse Managers (with Mary McHugh).
He received a BS and MS from the Wharton School, where he majored in accounting and finance. His master's degree in economics and PhD in business administration were awarded by Stanford University. Dr. Finkler, who is also a CPA, worked for several years as an auditor with Ernst and Young and was on the Wharton faculty before joining New York University.
Coming soon.