Ensuring the visibility of nursing's value contribution to the global healthcare economy is paramount. It entails a paradigm shift, recognizing nursing not merely as a labor cost but as a revenue-generator within healthcare systems. By advocating for investments in the nursing workforce that align with the economic value nurses provide, we can create a healthcare ecosystem where nurses are viewed as both essential caregivers and strategic assets—key drivers of improved patient outcomes and financial sustainability in healthcare institutions worldwide.
In pursuit of enhancing the visibility of nursing's value contribution to the global healthcare economy, the ANA Enterprise Institute for Nursing Research and Quality Management is spearheading an Economic Value of Nursing Research Project, a 2-year study (Ref.:
ANA Enterprise Research Advisory Council Strategic Research Priorities)
The
purpose of the Economic Value of Nursing Project is to:
- Develop a conceptual model of the Economic Value of Nursing focusing on the structures and processes that contribute to the economic value of nursing. This model will drive a forward-thinking definition of economic value of nursing.
- Conduct a systematic review of studies related to the economic value of nursing. Summarize research questions, patient and nurse populations, methods, measurement, and findings, including gaps in science.
- Validate/refine the conceptual model and recommendations for measurement of the economic value of nursing based on recommendations from a diverse group of researchers.
- Conduct a proof-of-concept study of the conceptual/measurement model.
The Economic Value of Nursing is a 2-year project, and it is anticipated to be carried out within the timeframe of 2024 to 2025.
- Year 1:
- The Economic Value of Nursing conceptual model will be developed and thoroughly vetted through a multi-faceted approach. This includes thorough expert panel review to ensure comprehensive insights, extensive literature review to capture existing knowledge, and soliciting public feedback to incorporate diverse perspectives. This robust process aims to create a well-rounded and inclusive model that accurately represents nursing's economic contributions.
- Year 2:
- Undertake a proof-of-concept study to test the effectiveness and feasibility of the conceptual and measurement model.
Thank you for your interest in the Economic Value of Nursing Project. We welcome your comments, feedback, insights, and innovative ideas to advance the conversation. Please utilize this form to share your thoughts and contribute to the progress of this initiative.