The health care industry in the marketplace: implications for nursing.

Recent economic changes have had a substantial impact on health care. For nursing to survive, nurse administrators must develop strategies based on economic theories and realities. Reaganomics is based on many of Milton Friedman's theories and frameworks. This article explores these theories as they apply to future nursing opportunities. As a nurse administrator you feel the economic crunch--now it's time to base your strategies on these realities.