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Sigma in the news   

Expert offers updated budgeting strategies for nurse managers

Newly revised STTI book emphasizes the importance of fiscal accountability and management in healthcare facilities

Julie Adams, Director, Marketing and Communications
Honor Society of Nursing, Sigma Theta Tau International 

NDIANAPOLIS — Nurses focus on the art and science of caregiving, but today’s nurse managers are faced with the economic reality of patient-staffing ratios, budgets, reports, and accountants. Acronyms such as FTEs and ADCs can feel like a foreign language, but thankfully, help is available. In the newly updated book The Nurse Manager’s Guide to Budgeting & Finance, 2nd Edition, the Honor Society of Nursing, Sigma Theta Tau International (STTI) provides practical tools, tips, and strategies for managing a nursing unit.

Written by Al Rundio, an associate dean for post-licensure nursing programs and continuing nursing education (CNE) at Drexel University, The Nurse Manager’s Guide to Budgeting and Finance, 2nd Edition dives deeper into nursing budgeting by sharing new information on subjects like the Patient Protection and Affordable Care Act of 2010, the fiduciary responsibility of boards, and the difference between nonprofit and for-profit institutions. Formulas, charts, sample reports, and other tools help nurse managers apply the book’s advice immediately in their units.
“Nurse managers must be able to effectively manage budgets and control resources today,” Rundio said. “As a nurse manager who learned on the job, it would have been very beneficial if a book like this had been available when I first became a nurse manager.”

The book is available at

The Nurse Manager’s Guide to Budgeting & Finance, 2nd Edition

Published by STTI, 2016
ISBN-13: 9781940446585
EPUB ISBN: 9781940446592
PDF ISBN: 9781940446608
MOBI ISBN: 9781940446615
Price: US $34.95
Trade paperback, 248 pages
Trim size: 5 3/8 x 8 3/8

About the author
Al Rundio, PhD, DNP, RN, APRN, NEA-BC, DPNAP, is an experienced clinician, administrator, and educator. He is associate dean for post-licensure nursing programs and continuing nursing education (CNE) and clinical professor of nursing at Drexel University College of Nursing and Health Professions in Philadelphia, Pa. He is the former vice president of nursing/CNO at Shore Medical Center in Somers Point, N.J., and is a member of the board of trustees at Inspira Health System, Joint Hospital Board in New Jersey.


The Honor Society of Nursing, Sigma Theta Tau International (STTI) is a nonprofit organization whose mission is advancing world health and celebrating nursing excellence in scholarship, leadership, and service. Founded in 1922, STTI has more than 135,000 active members in more than 90 countries. Members include practicing nurses, instructors, researchers, policymakers, entrepreneurs and others. STTI’s roughly 500 chapters are located at approximately 700 institutions of higher education throughout Armenia, Australia, Botswana, Brazil, Canada, Colombia, England, Ghana, Hong Kong, Japan, Kenya, Lebanon, Malawi, Mexico, the Netherlands, Pakistan, Portugal, Singapore, South Africa, South Korea, Swaziland, Sweden, Taiwan, Tanzania, Thailand, the United States, and Wales. More information about STTI can be found online at