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Nursing: an economic entity and profitable enterprise

L A Ward, L J Augustine, L M Villano

    Nursing Administration Quarterly
    |January 1, 1995
    PubMed
    Summary

    This study proposes a shift in nursing towards capitalism and self-employment. This economic restructuring aims to ensure nurses receive appropriate financial compensation for their services.

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    Area of Science:

    • Healthcare Economics
    • Nursing Management

    Background:

    • Traditional nursing employment structures are being re-evaluated.
    • There is a growing need to address financial disparities in the nursing profession.

    Purpose of the Study:

    • To explore the concept of nursing as a profitable enterprise.
    • To propose a transition towards self-employment and capitalist principles within nursing.

    Main Methods:

    • Conceptual analysis of economic models in healthcare.
    • Review of traditional versus entrepreneurial nursing roles.

    Main Results:

    • Viewing nursing as an economic entity necessitates a departure from conventional employment.
    • Self-employment and capitalist approaches can lead to enhanced financial rewards for nurses.

    Conclusions:

    • Adopting an entrepreneurial mindset can empower nurses economically.
    • Restructuring nursing towards a capitalist framework may improve financial outcomes and professional recognition.

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