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An academic nursing clinic's financial survival
1Community Health Services Clinic, Arizona State University, College of Nursing, Scottsdale, USA.
Nursing Economic$
|November 18, 1997
Summary
Nurse-run clinics need business strategies for financial independence. Implementing business plans, marketing, and provider status ensures long-term community health services beyond initial funding.
Area of Science:
- Healthcare Management
- Nursing Education
- Public Health
Background:
- Nurse-run clinics are vital for nursing education and community health.
- These clinics often face financial instability after initial grant funding ends.
- The increasing role of nurses in ambulatory care highlights the need for sustainable clinic models.
Purpose of the Study:
- To emphasize the importance of integrating business-oriented policies into nurse-run clinics.
- To explore strategies for achieving financial independence in these healthcare settings.
- To ensure the long-term viability of nurse-run clinics serving communities.
Main Methods:
- Analysis of a university-affiliated nurse-run clinic that faced closure.
- Review of strategies implemented to ensure financial sustainability.
- Identification of key business practices for clinic management.
Main Results:
- A university-affiliated clinic with 4,000-5,000 annual visits adapted strategies to survive closure.
- Implemented strategies include: direct payment at service, business management plans, marketing, inter-agency contracts, and HMO provider status.
- These changes were prompted by the withdrawal of subsidies and rent waivers.
Conclusions:
- Academic institutions should embed business practices in nurse-run clinics from inception.
- Financial independence is achievable through proactive business management and strategic partnerships.
- Sustainable nurse-run clinics are crucial for both nursing education and community healthcare access.