You'll need to decide several break-even points, as to which is easier (or more cost effective):
* Whether to (a) run wires to all beds, or (b) use radio waves.
* Whether to (a) install an led for every bed on the main panel (nurse's station), or (b) make a digital display showing the number of the bed and ward that is calling.
* Whether to (a) allow only one conversation at a time, or (b) permit simultaneous conversations.
* Whether to (a) have every bed alarm transmit its number to the main panel, or (b) give every bed alarm a direct connection to the main panel so it does not need to transmit its number.
* Whether to have microcontrollers involved, or whether in the main panel only or in all units, etc.