Magnet Recognition Program. Health, Medicine, Nursing Essay

Magnet Recognition Program
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The Magnet Recognition Program was established by the American Nurses Credentialing Center (ANCC). The program is established mainly on the studies carried out by the American Academy of Nursing to acknowledge health facilities that offer outstanding nursing services to their patients. Magnet Recognition program acknowledges health-care institutions for innovations in professional nursing practice, quality patient care, and nursing excellence. Also, Magnet Recognition is the most prestigious distinction that a healthcare facility can acquire for high-quality patient care.
Acquiring Magnet status is an advantage for healthcare organizations, nurses and patients. Organizations enjoy increased registered nurses retention, satisfaction and low rates of nurse turnover. Additionally, health facilities that are Magnet-recognized provide patient safety climates which increases patient satisfaction, improve the quality of services offered and decrease mortality rates (American Nurses Credentialing Center, 2018). It also creates a Magnet Culture which is associated with values such as integrity, pride, teamwork, and respect.
Cost is a significant factor that should be considered when contemplating Magnet recognition. The application and appraisal fees involved de...