Magnet status came up in a conversation yesterday. I know it costs the hospital a good amount to go through the process. I've read posts from others whose hospitals have gone through the process. Some seemed to think it benefited staff and patients; some didn't.
What is the benefit to the hospital? Is it about prestige? Is it about marketing? Do they receive additional compensation for having achieved Magnet Status. At a time when hospitals are telling us they're losing money (and can't afford cost of living raises for staff) I can't help but wonder what motivates a hospital to take it on.
Magnet status came up in a conversation yesterday. I know it costs the hospital a good amount to go through the process. I've read posts from others whose hospitals have gone through the process. Some seemed to think it benefited staff and patients; some didn't.
What is the benefit to the hospital? Is it about prestige? Is it about marketing? Do they receive additional compensation for having achieved Magnet Status. At a time when hospitals are telling us they're losing money (and can't afford cost of living raises for staff) I can't help but wonder what motivates a hospital to take it on.