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A comprehensive community nursing center model: maximizing practice income--a challenge to educators
1University of Rochester, School of Nursing, NY 14642-8404.
Summary
Community nursing centers can ensure future survival by generating revenue via faculty practice. An entrepreneurial model at the University of Rochester School of Nursing applies business principles to boost financial success.
Area of Science:
- Nursing Administration
- Healthcare Management
- Academic Practice Models
Background:
- Community nursing centers face financial sustainability challenges.
- Faculty practice is crucial for the future viability of nursing centers.
- Integrating practice, education, and research is essential for nursing centers.
Purpose of the Study:
- To explore the role of community nursing centers in revenue generation.
- To present an entrepreneurial model for faculty practice within a university setting.
- To enhance the financial success of nursing centers through innovative business principles.
Main Methods:
- Development of an entrepreneurial model for faculty practice.
- Application of sound business principles within a university nursing center.
- Analysis of financial success factors in academic nursing practice.
Main Results:
- The entrepreneurial model demonstrates potential for revenue generation.
- Implementation of business principles enhances financial performance.
- The model challenges traditional paradigms in nursing education, practice, and research.
Conclusions:
- Faculty practice revenue generation is critical for community nursing center survival.
- An entrepreneurial approach can lead to greater financial success.
- This model offers a new perspective on integrating education, practice, and research.