Measuring the cost of a product is complicated when the products are services that are aimed at people, given that multiple variables are considered. When talking about the cost of nursing services, one of the main problems we face is the omission of variables. Also, there is a lack of data comparison, in addition to the multiple definitions of cost. ...

When we speak of cost containment we are not referring to maintaining the level of costs within previously established limits that are compatible with the sustainability of the health system. Being aware of cost containment implies being aware of all aspects related to expenditure, the costs of each of the items: personnel, material, investments, processes, etc. ...

The budget is the tool that allows the planning of the future of the organizations and the different units that compose it. Not only does it allow for planning the future, but it also helps in making decisions about the activities and strategies to be carried out....

Leer en español We can say that a budget is a plan expressed in financial terms and with an accounting basis, which reflects the set of operations and resources that remain or will be mobilized to carry out an activity, plan or project. Every activity involves an economic flow. The activities that nurses carry out are not exempt from this, which is why nurse managers must know the keys to preparing, reading and interpreting budgets. Thus, a budget...

The nurse manager must acquire a wide range of cross-cutting skills. These include skills related to finance and accounting, as these will give her an insight into and understanding of the economic movements and needs of the health organization. Accounting is a science and a system that classifies and records all the financial movements of the company, in order to provide information on the financial transactions of the company, both capital inflows and outflows....

Leer en español When referring to goods and services we must include the different aspects that health and care encompass. In this sense, we must consider that people are continuously buying goods or services, from which we expect to obtain a benefit or satisfy a need. These goods or services are obtained through a usually economic exchange, through which such good or service is obtained. In the economic context, wealth can be defined as the economic value...

Leer en español Everything has been linked since we resumed the activity of our website and in which we have been reviewing with a critical and constructive spirit the different aspects that concern nursing management in this time of crisis. On this occasion, we address the issue of material resources. From our pages, we have already addressed issues related to material resources, such as innovation at zero cost and in which we show how a small project was able...