Calculating the Cost of a Healthcare Project
Nearly $200 billion of healthcare construction is expected by the year 2015, and nurse leaders must expandtheirknowledgeandcapa- bilities in healthcare design. This bimonthly department prepares nurse leaders to use the evidence- baseddesignprocesstoensurethat new, expanded, and renovated hospitalsfacilitateoptimalpatient outcomes,enhance thework envi- ronment for healthcare providers, and improve organizational per- formance. In this article, the au- thor introduces important project budget terms and a method of cal- culatinganestimationofprobable cost fora building project.