The Cost and Value of Magnet® Designation Assignment: This assignment will help you explore the cost-benefit of the Magnet® process.
Many hospitals that are considering Magnet® Accreditation or considering not to be reaccredited as Magnet® are concerned with the large fees associated with Magnet® recognition as well as the staff and consultant cost of Magnet® preparation.
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As the chief nursing executive, you have been asked to prepare a 10- to 12-slide Microsoft PowerPoint presentation that includes answers to the following questions; PLEASE ADD NOTES;
• In terms of examining the nursing costs, does the allocation of resources outweigh the benefits gained from meeting the mission of:
o Increased patient or family involvement
o Increased patient outcomes
o Decreased patient safety events