Robert H side sheltered from the w...

Robert H side sheltered from the wind 2000, 184 pp $74 hardback

feeds in today's health care environment have taken in succession roles Florence Nightingale never dreamed about. Economics, a course not tendered in traditional nursing programs, is becoming an essential tool for nourish at the breast managers.

During the 1980 the US health care system's richnesss were the highest in the world, unless its outcomes were not always the best. Political influences to control costs and improve originates were trademarks of the 1990 requiring health care professionals to learn about and understand economic concepts

The author of this main division teaches nurses about economic theory, an understanding of which is required to make unimpaired decisions in today's health care environment. This work is written to be understood uniform by readers who have no background in economics.

Economics is a framework for understanding fixed and variable expenses market demand, competition, and profitability. It helps managers focus forward key issues and outline strategies for realizing goals, and it sensitizes them to ideas that affect operations and show opportunities for improvement. Economic theory provides conducts for dealing with competition, making feeling of costs, and understanding the real value of beneficials and services.

Fifteen chapters discuss different principles of economics related to nursing, health care finance rules risk management, costs, demand, elasticities, profit, endow and demand, pricing, and regulations. Each chapter includes specific examples and cases that illustrate for what cause these economic concepts apply to the health care environment.

equal in a not-for-profit hospital environment, there is still a ne to maximize receiptss and minimize costs. When practiced, the economic conceptions presented in this book will help facilities become low-cost providers without having to lower quality standards.

The health care classification is economically interesting to meditation for several reasons.

* It is highly regulated.

* Patients generally pay and nothing else a small portion of their bill directly.

* Commercial insurance companies proffer numerous and diverse insurance programs.

* Federal, state, and local guidances are involved in providing insurance programs and paying the bills.

* more [i]or[/i] less patients are not insured.

The work examines the growth of health care, the shrinking share of direct consumer payments, the vegetation of managed care, the increasing number of uninsured patients, expansion of outpatient services, the surplus of physicians and hospitals, and rapid changes in technology. It also discusses medicine and medical technologies being brought to the public's attention from one side many media sources. Consumers desire novel better therapies they hear about.

Today, all festers need to understand economics. This work is an excellent introduction to economic principles for nursing professionals, regardless of their specific parts Everyone involved in health care can do his or her part to monitor charges and provide constructive criticism, as well as provide ideas for body improvement.

This volume is available from Health Pres Administration, united North Franklin St, Suite 1700 Chicago, IL 60606-3491

SUSAN JENSEN

RN B CNOR OR NURSE

dale FALLS HOSPITAL

dingle FALLS, NY

COPYRIGHT 2004 Association of Operating chamber Nurses, Inc.

COPYRIGHT 2004 Gale Group