Why it important for nurses to understand health care financing
The current healthcare setting is characterized by insistence on monitoring and evaluation of patient outcomes. These patient outcomes have expanded and the focus on costs of care as direct indicators of patient outcomes all but reflects how the role of the nurse may have equally expanded. Nurses have long been regarded as patient advocates and they still remain so even in the current context even with more roles to play in this advocacy aspect (Sherman & Mary Bishop, 2012). The patient-centric care approaches place their emphasis on the patient as the center of attention and the primary element of care. ...
