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  1. Study with Quizlet and memorize flashcards containing terms like What is health economics?, Health care resources, How does economics apply to health care? and more.

  2. Study with Quizlet and memorize flashcards containing terms like economics, health care economics, why is it important that nurses understand health care economics? and more.

  3. Study with Quizlet and memorize flashcards containing terms like Define economics, Define health economics, Concepts of health economics and more.

  4. Economics in health care affects an individual’s ability to pay for and receive health care, the ability of an institution to provide health care services, and nurses’ ability to provide safe, quality care to the communities they serve.

  5. Economics is the study of how individuals and societies make decisions about how to use their limited resources. Health care is considered a limited resource because there isn’t enough money or time in the world to purchase and provide care for every individual in every conceivable manner. The ethical question of who pays for that care is ...

  6. How would the nurse manager explain the definition of economics as it relates to health care to the staff? and more. Study with Quizlet and memorize flashcards containing terms like Which statement by the nurse indicates understanding of the major factors influencing the increase in health care costs?, A nurse is educating a coworker on the ...

  7. Describe nursing strategies to provide cost-effective care. Examine economic pressures impacting case management and the management of institutional resources. Describe the impact of evidence-based practice on health care economics and client care outcomes.