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Delivers knowledge to support a lifetime of informed, impactful advocacy
This concise, practical text---written for all nursing roles and levels of experience--synthesizes the complexities of health economics, finance, payment, ethics, and civic responsibility into an easy-to-understand, non-partisan guide to health policy and activism. It is distinguished from similar texts by its discussion of economic and financial dynamics in health care as a precursor to policy and advocacy in nursing. In addition to being revised and updated, the book includes substantially expanded material on artificial intelligence and large language platforms; information, quality, safety and costs; health equity; civics; laws, administrative rules and Supreme Court decisions; nurses on boards; Medicare Advantage and Part D, outpatient pharmaceuticals; the impact of mergers and acquisitions on nurses' salaries and career opportunities; and an entirely new chapter on the nursing workforce.
Written by a health economics and policy expert, dean, and award-winning teacher recognized as a "policy luminary" by the American Association of Colleges of Nursing, the resource discusses in depth the relationship between nursing and health care economics. It traces the history of our health care system from the early 1900s through today and discusses the intersection of ethics and economics to provide nurses with the tools to thoughtfully analyze dilemmas arising from today's focus on the bottom line. Using a step-by-step skill-building guide, the book describes--with the support of illustrative case--how to use economic principles to shape organizations and public policy. It breaks down complex financial principles to facilitate understanding for nurses with no prior knowledge of this discipline. Also included is updated information on the Patient Protection and Affordable Care Act and key subsequent legislation and Supreme Court decisions. Additionally, the book is compatible with online teaching and coursework. Faculty resources include PowerPoint slides, a test bank, comprehensive review questions and sample syllabi. Purchase includes online access via most mobile devices or computers.
New to the Third Edition:
- Chapter 14: The Health Care Workforce: What Nurses Need to Know
- Incorporates emerging innovations including social media applications, The Internet of Health Things (IoHT), and artificial intelligence
- Addresses reimbursement and payment reform, links to upstream social determinants of health and health equity, and value-informed nursing practice
- Discusses mergers, acquisitions and nurses' career opportunities and income
- Provides up-to-date information on private equity's growing footprint, and how it effects nursing practice
Key Features:
- Distills complex concepts into easy-to-understand information
- Addresses systems-based practice domain of AACN Essentials
- Provides engaging case examples for all nursing roles and levels of experience
- Authored by a leading nurse expert, policy leader, former dean, and award-winning instructor
- Guides readers in using economic principles to shape organizations and public policy
- Provides chapter quizzes, PowerPoint slides, test bank, comprehensive review questions, and sample syllabi
A Note from the Author
How to Use This Text: A Note to Faculty
Acknowledgements
Springer Publishing Resources
Section I: The Context of Health Care in the U.S.
Chapter 1: How the Money Works: Nurses, Economics, Finance, and Reimbursement
Chapter 2: A Story of Unintended Consequences: How Economic and Policy Solutions Create New Challenges
Chapter 3: Navigating the Health Care Landscape Shaped by the Patient Protection and Affordable Care Act of 2010 and Subsequent Federal Legislation
Chapter 4: Payment Reform: Improving Care Delivery by Changing Who is Reimbursed, How, and For What
Section II: Health Care Economics: A Pragmatic Overview
Chapter 5: How Health Care Markets Differ from Other Markets...and Why it Matters
Chapter 6: Health Care Outcomes, Cost, Safety, and Value: The Critical Role of Information in Health Care Markets, Decision-Making, and Payments
Chapter 7: Market Entry, Exit, and Antitrust Law – Why it Matters to Nurses
Section III: Ethics and Economics in an Age of Reform: Demographic Shifts, Political Tensions, and Recognition of Increasingly Scarce Resources
Chapter 8: What is Ethinomics?
Chapter 9: Models to Guide Ethical Decision-Making
Section IV: Pulling it All Together: Using Your Knowledge of Health Care Finance, Economics, and Ethics to Improve Health and Health Care
Chapter 10: Governance and Organizational Type
Chapter 11: Building Skills for Board Membership
Chapter 12: Applying Health Economics to Improve Health Care through Federal and State Policy Formation
Chapter 13: Lessons from the COVID-19 Pandemic and a Look to the Future
Chapter 14: The Health Care Workforce: What Nurses Need to Know
Section V: Epilogue
Chapter 15: Living and Leading in a Changing World
Appendix A: Medicare Eligibility
Appendix B: Key Concepts in Health Finance, Economics, Policy, and Ethics: Level Setting Pre-Survey
Appendix C: The Policy Analysis Process
Index