Journal article
A budget model to determine the financial health of nursing education programs in academic institutions
Nursing leadership forum, v 9(4), pp 143-147
2005
PMID: 16259099
Abstract
In the allocation of resources in academic settings, hierarchies of tradition and status often supersede documented need. Nursing programs sometimes have difficulty in getting what they need to maintain quality programs and to grow. The budget is the crucial tool in documenting nursing program needs and its contributions to the entire academic enterprise. Most nursing programs administrators see only an operating expense budget that may grow or shrink by a rubric that may not fit the reality of the situation. A budget is a quantitative expression of how well a unit is managed. Educational administrators should be paying as much attention to analyzing financial outcomes as they do curricular outcomes. This article describes the development of a model for tracking revenue and expense and a simple rubric for analyzing the relationship between the two. It also discusses how to use financial data to improve the fiscal performance of nursing units and to leverage support during times of growth.
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Details
- Title
- A budget model to determine the financial health of nursing education programs in academic institutions
- Creators
- Gloria Donnelly - Drexel University
- Publication Details
- Nursing leadership forum, v 9(4), pp 143-147
- Resource Type
- Journal article
- Language
- English
- Academic Unit
- [Retired Faculty]
- Scopus ID
- 2-s2.0-32944468744
- Other Identifier
- 991019174888904721