Calculating Your Worth: Understanding Productivity and Value

[NRSKarenRN, BSN, RN]

Another article found in my internet wanderings that I thought would be helpful, especially for new NP's. Karen

Calculating Your Worth: Understanding Productivity and Value

J Adv Pract Oncol. 2014 Mar-Apr; 5(2): 128–133.

Published online 2014 Mar 1.

Quote

While health-care dollars shrink and the focus on delivering more care with less grows, it is imperative that nurse practitioners (NPs) and physician assistants (PAs) understand the key concepts of productivity and value. Furthermore, with a growing shortage of oncology physicians, the role of the advanced practitioner in solving the problem of the gap between supply and demand for oncology services has been well documented (Towle et al., 2011). Being able to clearly understand and articulate concepts of productivity and value is critical to uncovering the true contributions that NPs and PAs make to their practices. While financial contributions to the practice are important, the ability of NPs and PAs to improve patient services and access to care is equally vital.