CHA News Article

Magnet Hospitals Associated With Lower Inpatient Costs, Higher Revenues

A data analysis funded by the Robert Wood Johnson Foundation’s interdisciplinary nursing quality research initiative and published in the May issue of Medical Care reveals that Magnet hospitals are positively and significantly associated with both inpatient costs and net inpatient revenues for all hospitals – including urban hospitals. Magnet hospitals are accredited by the American Nurses Credentialing Center (ANCC) and are recognized for having higher nurse retention and innovations in professional nursing practice, as well as providing high-quality patient care. These hospitals have demonstrated lower mortality rates, shorter lengths of stay, better patient outcomes and higher patient satisfaction than other hospitals. To date, 393 hospitals in the U.S. have achieved Magnet status. For more information, visit the Robert Wood Johnson Foundation website.