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Chapter 1: Budgeting for the Nurse Manager

Abstract

Nurses focus on the art and science of caregiving, so stepping into a nurse manager role brings new challenges—especially when it comes to the economic reality of patient-staffing ratios, budgets, reports, accounting, and financial decision-making. Acronyms such as FTEs and ADCs can feel like a foreign language, but thankfully, this book is here to help. The Nurse Manager’s Guide to Budgeting and Finance, 4th Edition, provides real-world tools, tips, and strategies nurses need to manage resources wisely, support their team, and keep their unit on track in an increasingly complex healthcare environment. In this practical, on-the-job handbook, author AnnMarie Papa empowers nurse managers at all levels to lead with confidence, make informed financial decisions, and succeed in the business side of healthcare.

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Description

Chapter 1 describes the budgeting process for nurse managers, the differences between nonprofit and for-profit healthcare organizations, and the benefits of budgeting.

Notes

ePub ISBN: 9781646482238

PDF ISBN: 9781646482245

Publication Date: 2026

Author Details

AnnMarie Papa, DNP, RN, CEN, NE-BC, FAEN, FAAN, recently retired from her role of Vice President and Chief Nursing Officer at Jefferson Einstein Montgomery. Currently, she serves the Jefferson Nursing Department as the inaugural Nurse Leader Emeritus. Papa is an energetic and engaging leader who mentors and inspires many. She has presented on many topics related to leadership and nursing regionally, nationally, and internationally. Holding a BSN and MSN from Villanova University and a DNP from Waynesburg University, Papa is also a Fellow in both the Academy of Emergency Nursing and the American Academy of Nursing.

Sigma Membership

Non-member

Type

Book Chapter

ISBN

9781646482221

Format Type

Text-based Document

Study Design/Type

Expert Opinion (nationally/internationally recognized)

Research Approach

N/A

Keywords:

Nurse Managers, Budgeting, Healthcare Reimbursement, Affordable Care Act, Staffing Quality and Safety, Nurse Administrators, Financial Management

Publisher

Sigma Theta Tau International

City

Indianapolis, Indiana, USA

Version

Publisher's Version

Rights Holder

Copyright © 2026 by Sigma Theta Tau International Honor Society of Nursing - All rights reserved. This book is protected by copyright. No part of it may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without written permission from the publisher. Any trademarks, service marks, design rights, or similar rights that are mentioned, used, or cited in this book are the property of their respective owners. Their use here does not imply that you may use them for a similar or any other purpose.

Review Type

None: Professionally Edited Material

Acquisition

Publisher-submission

Date of Issue

2026-07-07

Full Text of Presentation

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[Excerpt from] The Nurse Manager's Guide to Budgeting & Finance, 4th Edition

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