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Area of Science:

  • Healthcare Management
  • Nursing Economics
  • Health Services Research

Background:

  • Nursing is traditionally viewed as an institutional cost, impacting nurse utilization and value.
  • Current metrics often fail to quantify the full service and financial contributions of nursing.
  • This perspective limits the strategic role and recognition of nursing within healthcare organizations.

Purpose of the Study:

  • To challenge current perceptions of nursing as merely a cost center.
  • To advocate for a reconceptualization of nursing's value within healthcare systems.
  • To promote the development of new methods for calculating and demonstrating nursing's impact.

Main Methods:

  • Conceptual analysis of nursing's role in healthcare economics.
  • Critique of existing value-measurement algorithms and metrics.
  • Literature review on nursing's contribution to service and financial outcomes.

Main Results:

  • Existing frameworks inadequately capture the comprehensive value of nursing care.
  • There is a significant gap in quantifying nursing's impact on patient outcomes and organizational finances.
  • Current management practices often marginalize nursing due to cost-based perceptions.

Conclusions:

  • Healthcare leaders must shift from viewing nursing as a cost to recognizing its value.
  • Recalibrating the determination and calculation of nursing value is essential for future nursing leadership.
  • Implementing robust metrics will enhance nursing's strategic positioning and resource allocation.