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Item #:
76578275
Penners Economics and Financial Management for Nurses and Nurse Leaders
Item #:
76578275
ETB 17329
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This acclaimed text helps to build the fundamental economic and financial management skills nurses and nurse leaders need to be successful in daily practice and career advancement.
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What Stands Out
Comprehensive Coverage
This edition offers extensive insights into economics and finance specifically tailored for nurses, addressing contemporary challenges in healthcare management and ensuring nurses can make informed financial decisions.
Practical Applications
Equipped with real-world case studies and practical examples, this textbook helps nurse leaders apply economic principles directly to their practice, enhancing decision-making in clinical and administrative settings.
Accessible Formatting
The user-friendly format includes clear illustrations and concise summaries, making complex financial concepts understandable for nurses at all levels, promoting effective learning and retention of essential financial management skills.
Product Details
- Proven track record of success in teaching healthcare business basics to nurses
- Updated fourth edition includes new and revised case studies reflecting current trends and increased coverage of budget strategies, forecasting, and the financial impact of COVID-19
- Rewritten for greater clarity for readers unfamiliar with budgets and features a new two-color design to enhance readability
- Reflects current AACN Essentials: Core Competencies for Professional Nursing Education and updated sample business plans, grant proposals, and essential reports
- Designed to help readers understand the impact of healthcare economics and finance in their day-to-day clinical and leadership work, covering advanced practice topics and responsibilities
- Abundant Instructor Resources feature chapter-based Excel workbooks and PowerPoints, a test bank, and crossword puzzles with answers
| Item Weight | 1.5 lbs (680 grams) |
Who Should Buy?
-
Nursing Students
Ideal for nursing students seeking foundational knowledge in economics and finance tailored for the healthcare sector.
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Nurse Leaders
Effective resource for nurse leaders needing strong financial management skills to enhance organizational efficiency and patient care.
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Healthcare Administrators
Beneficial for healthcare administrators who require an understanding of financial principles to make informed decisions.
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General Public
Not suitable for individuals outside the healthcare field seeking general financial management information or resources.
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Non-Nursing Professionals
May not be effective for professionals in unrelated fields due to its specialized focus on nursing finance management.
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Undergraduate Business Majors
Business students may find its healthcare orientation limiting and less applicable to traditional business finance concepts.
Product Description
Penners Economics and Financial Management for Nurses and Nurse Leaders
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Customer Questions & Answers
-
Question:
What topics are covered in Penner's Economics and Financial Management for Nurses and Nurse Leaders 4th Edition?
Answer: Penner's 4th Edition covers a broad range of topics crucial for nurses and nurse leaders, including healthcare economics, financial accountability, budgeting practices, and strategic planning. It delves into how economic principles affect the nursing profession, offering insights into cost-effectiveness and resource management. This book serves as a vital resource for understanding how financial management directly impacts patient care and healthcare organizations. For instance, nurse leaders can leverage these concepts to optimize departmental budgets while ensuring high-quality patient services. -
Question:
Who is the target audience for this book?
Answer: This book primarily targets nursing professionals, including registered nurses, nurse leaders, and nursing students. It is designed to equip them with essential financial management skills and economic principles relevant to the healthcare sector. By addressing the specific needs of nurses and healthcare managers, Penner's work prepares readers to navigate the complexities of healthcare finance effectively. For example, a nurse leader can use the insights gained from this book to make informed decisions regarding staff allocation and resource distribution. -
Question:
Is the 4th Edition of this book updated with the latest information?
Answer: Yes, the 4th Edition of Penner's Economics and Financial Management for Nurses and Nurse Leaders includes the latest developments in healthcare economics and financial management practices. It reflects current trends and regulatory changes that affect the nursing profession and healthcare delivery. Readers benefit from modern case studies and examples that illustrate real-world applications of financial management skills. For instance, a nurse can apply these updated practices in budgeting and financial oversight to improve departmental efficiency. -
Question:
How can this book help improve my nursing leadership skills?
Answer: Penner's book enhances nursing leadership skills by integrating financial management with healthcare practice. It offers practical strategies for making data-driven decisions, managing budgets, and optimizing resource utilization. Nurse leaders can apply these skills to improve team performance, boost morale, and achieve healthcare goals efficiently. For instance, understanding financial metrics enables a nurse manager to advocate for necessary resources for their team or justify nursing staffing decisions to higher management. -
Question:
Are there any supplementary materials provided with the book?
Answer: While the primary focus is on the core content of the book, supplementary materials may include access to online resources or companion websites that enhance learning. These typically offer additional case studies, quizzes, and discussion forums to deepen understanding. Engaging with these resources allows readers to solidify their grasp of economic concepts and apply them effectively in their professional roles. For example, a nurse could utilize interactive quizzes to reinforce their knowledge of budgeting scenarios in healthcare settings. -
Question:
Can this book assist with understanding healthcare policy implications?
Answer: Absolutely, Penner's book delves into how economic and financial principles interact with healthcare policy. It provides insights into the impact of policy on healthcare delivery and finances. By understanding these implications, nursing professionals can better advocate for policy changes that benefit their patients and organizations. For instance, a nurse leader can apply this knowledge to navigate reimbursement changes and advocate for policies that improve funding for nursing services. -
Question:
What makes this edition different from previous ones?
Answer: The 4th Edition stands out due to its updated content reflecting the latest trends and challenges in healthcare finance. It incorporates feedback from healthcare professionals and recent research to enhance its relevance. New chapters may address topics like the impact of technology on healthcare economics and innovative financing models. This keeps readers informed about contemporary issues they may face in their roles, such as adapting to changes in reimbursement structures and understanding financial data analytics. -
Question:
How can I utilize this book in my nursing education?
Answer: This book serves as an excellent textbook for nursing programs, either for standalone courses or as supplemental reading. It offers a comprehensive review of essential financial principles crucial for aspiring nurses and nurse leaders. By incorporating case studies and practical scenarios, it fosters critical thinking and application of learned concepts. For instance, nursing educators can assign specific chapters for discussion, helping students connect financial management theories with real-life nursing situations. -
Question:
What skills will I gain from reading this book?
Answer: Reading Penner's book equips nurses with critical financial management skills such as budgeting, financial analysis, and strategic decision-making. These skills are fundamental for effective nursing leadership and can enhance career advancement opportunities. By understanding how to manage financial resources, nurses can contribute more effectively to their organizations. A nursing manager, for example, can lead a departmental budget planning session, ensuring resources are allocated in alignment with patient care priorities. -
Question:
Where can I buy Penner’s Economics and Financial Management for Nurses and Nurse Leaders 4th Edition?
Answer: You can purchase Penner’s Economics and Financial Management for Nurses and Nurse Leaders 4th Edition from Ubuy, which provides a reliable platform for acquiring educational resources in Ethiopia. Ubuy often offers a variety of formats and fast access to diverse book selections, ensuring you find the right version to meet your educational needs.
Mary Lynne Knighten DNP RN NEA-BC (Editor) Health Policy Editorial Review
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ETB 17329
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Features & Benefits
- Proven track record of success in teaching healthcare business basics to nurses
- Includes new and revised case studies reflecting current trends
- Increased coverage of budget strategies, forecasting, and the financial impact of COVID-19
- Designed to help readers understand the impact of healthcare economics and finance in their day-to-day clinical and leadership work
- Offers multiple opportunities for experiential learning
- Includes digital access for use on most mobile devices or computers
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