"This book will guide the theory and practice of financial management by DNPs now and for years to come. It is practical, evidence-based, and up to date. I commend the editors and authors for their important contributions."


–Susan J. Penner, RN, MN, MPA, DrPH, CNL, author of Economics and Financial Management for Nurses and Nurse Leaders, Third Edition


From the Foreword


This award-winning resource is the only text to focus on the financial and business skills needed by students in DNP programs. The third edition, updated to reflect key changes in our healthcare system and in nursing competencies, includes three new chapters addressing Big Data, Population Health, and Financial Management in Times of Uncertainty. It examines the impact of COVID on our healthcare system as it relates to nursing competencies, provides expansive coverage of clinical environments beyond acute care, and presents five comprehensive new case studies emphasizing the financial aspects of DNP roles and the DNP Project.


Clear and well-organized, the third edition emphasizes critical skills that nurse leaders need to participate in strategic health care planning. It addresses recent changes to reimbursement and health care regulations. The third edition offers updated information on ambulatory care, cost and ratio analysis, new examples of financial statements, and a new business plan. Enhanced teaching strategies include real-life case studies, challenging critical thinking questions, learning games, key terms, and an extensive glossary. New PowerPoint slides add to the text's value as a vital teaching tool.


New to the Third Edition:





New chapters:



Financial Implications of Population Health Management

Role of Technology/Information/AI, and Big Data in Health Care Finance

Financial Management in Times of Uncertainty, Shortages, and Change





Covers managing outpatient microsystems and building the CNO/CFO relationship

Discusses quantifying the value of academic/practice partnerships

Addresses key changes to reimbursement and health care regulations

Provides enhanced teaching strategies including new PowerPoint slides



Key Features:





Embeds economic and financial concepts in nursing practice and nursing health care systems

Provides a framework for developing critical competencies in the Essentials 10 domains

Teaches students how to make business case for DNP projects, how to prepare a budget, determine staffing expenses, prepare a cost-benefit analysis, and more

Includes critical thinking questions, learning games, key terms, glossary