Intake and output monitoring involves recording the amount of fluids a patient consumes or is given, as well as the amount eliminated, over specific time periods. Intake includes oral intake, fluids administered intravenously or through tubes, and blood products. Output encompasses urine, vomit, drainage, and stool. Standard containers are used to measure intake and output in milliliters, and a positive or negative fluid balance is calculated by comparing total intake to total output.