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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: John Carragher who wrote (41682)11/24/2005 2:18:18 PM
From: Elroy Jetson  Read Replies (1) of 116555
 
My math monitor has indicated that doubling 24 hour nursing care, from one nurse per ten beds to one nurse per five beds, actually increases per patient cost by $81.25 per day.

Eliminating all nursing care in the hospital would save each patient in the hospital $162.50 per 24 hour day -- based on an annual salary of $65,000 for each nurse.
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