Simultaneously, the economic impact of additional nurse capacity on revenue and margin, based on the clinical roadmap, can be modeled. This helps create a business case for the transformation while freeing up cash needed for technology investments. As the new model is implemented, the initial months will involve refining the new care model and the joint clinical, technology and economic roadmap over time.
With connected, collaborative nursing, the profession promises to become more attractive and rewarding while also addressing the financial pressures facing hospitals. Nursing practice that creates more care capacity, better quality care, and better nurse and patient experiences is the prescription for a lasting solution to the nursing shortage.
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About the author: Monica Weekes is the vice president, health sciences consulting practice lead at Cognizant. Frances Dare is the senior director of Cognizant’s health sciences consulting practice.
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