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Cost analysis: a tool for measuring the value of nurse practitioner practice
1University of Colorado School of Nursing, 4200 East Ninth Ave, Box C288, Denver, CO 80262, USA.
Abstract:
The survival of nurse-managed centers and their ability to provide practice opportunities for advanced practice nurses depends on combining sound business practices and active financial management with clinical excellence. Using cost analysis methodologies, this study examined the operational costs of 2 academic-based nursing centers and analyzed the practices that resulted in profitability for 1 and questionable survival for the other.