Nurse Math is a simple, easy-to-use application for busy nurse leaders, healthcare executives, business professionals, and students. Take healthcare and business finance wherever you go at your fingertips with Nurse Math. Subscribing to the application, provides step-by-step calculations of common financial and operational formulas in healthcare and business. Waste no more time recalling a financial calculation or ratio used in your daily work or school. No more searching the Internet for accurate calculations only to find multiple versions, which does not get you closer to the answer you need. With Nurse Math, you can access these formulas easily whenever you need to with confidence, in a meeting, in a class, for a quick assessment of a company’s financial statements, or your personal finances - Nurse Math is on your phone and a click away to help.
What can the APP do:
For Nurse Leaders: Provide step-by-step instructions on calculating FTEs, HPPD, NHPP, Total Hours of Care, Average Length of Stay, Productive Time, Adjusted FTE (Productive FTEs), and more!
For Healthcare Executives, Business Professionals, and Students: Provide simple, easy ways with step-by-step instructions on calculating the most common healthcare and business calculations and ratios used in healthcare institutions and facilities across the world and Master’s in Business Administration (MBA) Programs. Calculations include Occupancy Rate, Profit Margin, Contribution Margin, Break-Even, EBIT and EBITDA, ROA, ROE, Leverage, Quick Ratio, Debt-to-Equity Ratio, and more!
Additionally, the application provides an extensive glossary of terms for non-financial users who need to quickly understand what is being discussed in a meeting or classroom setting. Just type in a few letters or words; the application will bring the most relevant terms and definitions to the top of the screen for your selection.
If you are familiar with healthcare and business financials, the application is a great resource for quick daily calculations to make your day more efficient and support your just-in-time budget or finance conversations.
If you are new to healthcare and business finance, the application walks you through calculating the metric or ratio needed. It is also a great way to become more proficient and confident in healthcare and business finance over time.
We want to hear from you on how to make this application better! Use the in-app feedback function or email us at [email protected] and let us know how we can improve or what additional formulas we can add to improve how you work and learn.
The subscription for NURSE MATH LLC will be $5/month or $50 annually, with a $10 discount for the annual subscription. The subscription will give you access to step-by-step calculations of healthcare and business finance equations/formulas and a comprehensive glossary of terms used in healthcare and business.
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