MAGNET STATUS HOSPITALS PROFESSIONAL

The study analyzed 141 Magnet hospitals and 2,541 non-Magnet hospitals from 1998 to 2006 by combining data from the American Nurses Credentialing Center, the American Hospital Association’s annual survey and Hospital Cost Report Information System reports collected by the Centers for Medicare and Medicaid Services. “In about two to three years, these hospitals not only catch up with their investment budget, but begin making a profit.” “However, we found that the revenue gains actually offset the investment costs of becoming a Magnet,” she said. have achieved Magnet status, according to the ANCC website. Only about 7 percent of registered hospitals in the U.S. However, reaching Magnet status can take up to four and a half years of preparation and can require significant investment by hospitals to make the quality and process improvements needed, Jayawardhana said. Studies have shown that Magnet hospitals show higher job satisfaction and lower odds of patient mortality than non-Magnet hospitals.

MAGNET STATUS HOSPITALS PROFESSIONAL

Jayawardhana’s collaborators on the research were John Welton, a professor in the University of Colorado Anschutz Medical Campus’s College of Nursing, and Richard Lindrooth, an associate professor in the University of Colorado Denver’s School of Public Health.ĭeveloped by the American Nurses Credentialing Center, the Magnet Recognition Program recognizes healthcare organizations for quality patient care, nursing excellence and innovations in professional nursing practice. The results of the study were published in the early online edition of Medical Care. “Although the initial investment cost is high, hospitals do have a fiscal incentive to go through the Magnet designation process,” Jayawardhana said. Yet achieving Magnet status can be expensive with investment costs reaching tens of thousands of dollars.Ī recent University of Georgia study, led by Jayani Jayawardhana, a health economist in the College of Public Health, asked whether the investment was worth it. – Magnet recognition is considered one of the highest credentials a hospital can receive for its nursing care. “Magnet designation means achieving the gold standard in nursing and clinical excellence,” said Viji George, M.A., B.S.N., R.N., RNC-NIC, Magnet program manager for Texas Health Plano and system Clinical Excellence Program Manager.Athens, Ga. Consumers have come to rely on Magnetdesignation as the ultimate credential for high-quality nursing, according to ANCC. “Our entire care team contributed to this recognition and this shows we are dedicated to our patients and also support each other regardless of the challenges that come our way,”įor patients and consumers, having a Magnet-designated hospital nearby means that when care is needed, they can expect a safe and quality experience every time.

“This designation shows what we already know - Texas Health Plano is committed to providing quality care to the people in the communities we are privileged to serve,” said Josh Floren, hospital president. Although Magnet is a program designed for the recognition of nurses, the entire interdisciplinary care team plays a valuable part in attaining the Magnetdesignation. “It reinforces our commitment to creating a collaborative, supportive environment for our nursing staff to provide quality care for our patients.”Ī Magnet-designated hospital is recognized for its 'magnetic' nursing environment, where nurses and clinical staff work collaboratively within a positive culture that supports new ideas and evidence-based work practices. “It is a true honor to be re-designated as a Magnet hospital, one of the most prestigious designations in nursing and clinical excellence,” said Laura Massey, M.H.A., B.S.N., R.N., CPN, chief nursing officer. The designation every four years recognizes healthcare organizations for quality patient care, nursing excellence and innovations in the nursing practice. Five other wholly owned Texas Health hospitals are also Magnet recognized hospitals.

Texas Health Plano joins 12 other Texas hospitals to have achieved Magnet designation for the fourth time. Josh Floren, hospital president, Viji George, Magnet program director, Laura Massey, chief nursing officer and Kari McCord, associate chief nursing officer at the Magnet announcement.Ī total of 549 hospitals worldwide and 53 in Texas have received Magnet status.

Magnet status hospitals