Search PubMed⌕ Search

SEARCH · Search PubMed

Results for “Financial Management”

Search indexed PubMed citations on genomics, clinical trials, systematic reviews and public health. Explore titles, authors and supplied subject terms, then open the PubMed record.

Quote a phrase for an exact phrase match. Source license links do not imply unrestricted reuse.

At least 19 recordsLinked to original sources
PubMedDate not supplied

A structured approach to expert financial management: a financial development plan for nurse managers.

Faced with tighter budgets and diminishing resources, the success of nurse managers will be measured by their ability to identify and balance cost/quality issues effectively while managing staffing under variable patient census and demanding patient acuity. A structured approach to expert financial management can insure that nursing departments meet financial targets while maintaining integrity of clinical care.

Budgets↗
PubMed1986

The year 2000: requirements for the financial manager. A Delphi study of the healthcare financial manager in the year 2000.

The future of the healthcare financial management field looks bright. Those engaged in this field are expected to enjoy higher status, an enlarged role, higher salary, increased authority, and greater prestige. These gains will require increased knowledge and competence, as well as higher formal education, not only in the areas of accounting and finance, but also in management. These are some of the conclusions of a nationwide Delphi study organized by HFMA and its North Carolina chapter, the University of North Carolina's Department of Health Policy and Administration, and Arthur Young. More than 1100 experts divided into 10 panels were asked about a large number of topics and issues ranging from the future course of the healthcare field to the need for specialty certification in healthcare financial management. Following the report of the study, a panel of experts--financial managers, consultants, and academicians--discuss the implications of these findings and explore their effect on healthcare financial management in the year 2000.

Delphi Technique↗
PubMed1983

Nursing as a business. Financial management.

Nursing financial management is the natural outgrowth of the increased responsibility being assumed by nursing administrators. Fiscal knowledge, while often complex, is an essential aspect of the administrator's repertoire of skills and must be mastered to ensure a position of power within the total organization. At the same time, nursing administrators must understand the broad scope of financial management and be willing to teach and to delegate financial control to other members of the nursing management team. Financial management is a triad of complex, ongoing processes essential to institutional management. Nursing must address this new challenge and accept the responsibility for the business aspects of nursing.

Budgets↗
PubMedDate not supplied

Staff nurse financial management committees--the nurse manager's guide to effective financial performance.

As Cohen states (1991, p. 25), "The future role that nursing will play in the health care delivery system is one of many major issues faced by contemporary nursing... Nursing must be able to determine realistically the cost of and evaluate the effectiveness of nursing care provided to its patients." A unit-based financial management committee is one very effective way of teaching the skills needed for the professional nurse to advance the practice in financial management. This will help nursing gain the professional status that they have always worked for. But beyond these very lofty ideals, a staff nurse managed financial management committee can make the nurse manager's life much easier. Staff nurses need to understand and accept the importance of managing the financial as well as the quality side of patient care. When this happens, the budget becomes theirs. Nurses develop a sense of ownership of the budget and learn how to effectively manage the unit's finances. Much staff nurse brain power is not used. Systems must be developed to access nurses' effective ideas for financial management--first in a financial management committee and then on the unit. Not only will this develop the professional status that nurses need and deserve, but it will also impact the cost of health care. In a society where the cost of an appendectomy requires Dayton Hudson to sell 39,000 Ninja Turtle action figures, Atlantic Richfield to sell 192,000 gallons of gas a day, Anheuser-Busch to sell 11,627 6-packs of 12 oz.(ABSTRACT TRUNCATED AT 250 WORDS)

Cost Control↗
PubMedDate not supplied

Total financial management.

Total financial management is a program designed by author Robert Katz, M.S., C.P.A., which says that by managing from the top down, the physician/administrator team can regain control of the practice and its major financial centers. His article describes the two-phased approach to total financial management.

Accounts Payable and Receivable↗
PubMed2000

The self employed occupational and environmental health nurse: maximizing business success by managing financial resources.

The occupational and environmental health nurse entrepreneur can avoid business failure by engaging in a planning process that maximizes financial resources. Successful financial management involves understanding key financial reports and using those reports as management tools to "keep score" on the business. The prices the occupational and environmental health nurse entrepreneur charges for services will have a direct effect on the success of the business. Payroll, earnings, and expense records are useful management tools to help the occupational and environmental health nurse entrepreneur track the business and meet legal requirements.

Employment↗
PubMed2001

An information system to improve financial management, resource allocation and activity planning: evaluation results.

UNLABELLED: An important strategy for improving resource management and cost containment in health care is to develop information systems that assist hospital managers in financial management, resource allocation, and activity planning. A crucial part of such development is a rigorous evaluation to assess whether the system accomplishes it's intended goals. PURPOSE: To evaluate CLASSICA, a Decision Support System (DSS), that assists nurse managers in financial management, resource allocation, staffing, and activity planning. METHODS: Using a pre-post test design with control units, CLASSICA was evaluated in four test units. Baseline data and simultaneous parallel measures were collected prior to system implementation at test sites and control units. Using expense reports, staffing and financial statistics, surveys, interviews with nurse managers, and logs as data sources, CLASSICA was evaluated on: cost reduction, quality of management information; usefulness as decision support for improved financial management and decision-making; user satisfaction; and ease of use. RESULTS: Evaluation results showed a 41% reduction in expenditures for overtime and extra hours as compared to a 1.8% reduction in control units during the same time period. Users reported a significant improvement in management information; nurse managers stated that they had gained control over costs. The system helped them analyze the relationships between patient activity staffing, and cost of care. Users reported high satisfaction with the system, the information and decision support it provided, and its ease of use. These results suggest that CLASSICA is a DSS that successfully assists nurse managers in cost effective management of their units.

Attitude to Computers↗
PubMed2005

Educating perioperative managers about materials and financial management.

One of the most resource intensive areas in many hospitals is the OR, which often accounts for more than 50% of a hospital's materials management budget. Surgical services managers often have no formal training in materials and financial management, but they are held accountable for one of the most costly clinical areas in the hospital. A program proposed for Navy perioperative nurse managers is a five-day course that covers the basics of Navy medical materials and financial management as they apply to the OR. Application strategies for the civilian sector also are discussed.

Curriculum↗
PubMed1991

The role of health information managers in hospital financial management.

One area of internal analysis that has attracted increasing attention from healthcare managers is product line management. The coded data produced by the health information management professional is integrated with financial data to provide decision makers with valuable information about service quality and profitability.

Abstracting and Indexing↗
PubMed1996

Patient satisfaction under managed care: what every financial manager should know.

As the delivery of health care services transitions increasingly to a managed care environment, individual patients will begin to exert influence on the provider panel selection process. Accordingly, it will become more and more important to meet or exceed patient expectations. This article focuses upon patient satisfaction: what drives it and how it can be measured, tracked, and monitored. It also discusses the role the financial manager can play in becoming a champion of patient satisfaction.

Cost-Benefit Analysis↗
PubMedDate not supplied

Physician managers can play key financial management role.

Societal and technological changes experienced in the past few years have been instrumental in the creation of a new medical specialty--medical management. In this age of scarce resources for health care, physicians must be involved in management and leadership roles in the financial, managerial, and strategic planning aspects of their institutions.

Cost Control↗
PubMed2000

Leadership skills help financial managers achieve career success.

Financial managers who want to distinguish themselves in their organizations need to demonstrate their leadership ability. Because financial managers sometimes overlook the need for leadership skills, cultivating mentors who can teach them specific leadership skills, such as improved communications and entrepreneurship, may be necessary. Healthcare financial managers can sharpen their leadership skills by distinguishing between leadership and management, adopting a new mentoring model, evaluating the usefulness of new management techniques, understanding the connection between technology and leadership, looking for the solution beyond the problem, and being seen and heard within the organization.

Career Mobility↗
PubMed1976

Identity crisis: financial management in health.

Financial management is something quite different from the "bean-counting" image of the traditional "finance man". It is proactive and is closely tied to the broader range of organizational strategy and environmental constraints. What are the interrelationships that must be recognized in order to make the transition to the central role of financial decision making and management?

Accounting↗
PubMed1979

Hospital financial managers are central to management team.

The hospital financial manager must play an increasingly larger role in the development of overall hospital policy. Human resources, as well as physical assets and capital must be considered, and the financial manager needs to establish programs that not only create a sound economic base, but that also show management's commitment to people.

Administrative Personnel↗