Question

What are examples patient cost factors and system cost factors in relation to a nursing unit's budget?

Answer 1

Answer: The cost factors and system cost factors in relation to a nursing unit's budget generally are the physician, facility and the drugs as these are the main factors. The expensive technology procedure are being used and also there is kind of an assumption among patients that the most expensive care leads to the best quality, but expensive care has no relation with quality. Expensive care which includes many things. The staffing levels are adjusted according to the number of beds and patients available for the treatment. Revenues are generated from patients utilizing the nursing unit, and they vary depending on the type and amount of services provided.