Although the title of Dr. Rundio's latest book includes the words “Nurse Manager,” this essential resource is a must-read for all nursing leaders. That has never been truer than now, as over the past year we all found ourselves navigating unchartered waters. Nurse leaders wear many hats and are responsible for the smooth and efficient operation of their unit, for nurse recruitment and retention, and for staff and patient satisfaction, all while dealing with often limited financial resources. The financial principles in this book provide a strong foundation for nurse leaders to design and implement a solid budget. As the book unfolds, there are tricks of the trade that break down the complexities of financial challenges and equip leaders with the tools to defend the budget and advocate for valuable resources for staff.
Nursing is the heart and soul of healthcare. Now more than ever, leaders must ensure that they have the necessary knowledge and resources to sit at the financial table and speak the same language as the “financial wizards.” Nursing knowledge is a valuable commodity whether at the bedside or in the boardroom. Though most of us are more comfortable at the bedside, the newest edition of Al Rundio's invaluable book expands our knowledge of hospital boards, reimbursement, and legislation, as well as the impact of a well-crafted budget for high reliability organizations (HROs) and the pivotal roles that nursing leaders play.
Dr. Rundio has a gift. He is able to break down the complexities of finance and put them in “nurse speak.” Give yourself a gift and arm yourself with this important resource. I am confident you will treasure his book, whether you are a novice or seasoned leader.
–AnnMarie Papa, DNP, RN, CEN, NE-BC, FAEN, FAAN
Vice President & Chief Nursing Officer
Einstein Medical Center Montgomery
East Norriton, Pennsylvania