Cost/Benefits And Risks Of New Healthcare Initiatives
Why A Healthcare Organization Would Want To Participate In A New Healthcare Initiative
By participating in a new healthcare initiative, a healthcare organization will improve its overall productivity. This will include patients’ outcomes and ensuring the quality of work life. Notably, new healthcare initiatives aim to improve the current practices that the healthcare organizations have, and by participating in them, the hospitals show their commitment towards the provision of quality healthcare (Jarrín et al. 2017).. If a healthcare organization fails to participate in such an initiative, it will be assumed that it is too rigid to accept changes in healthcare, and therefore, its operations are either outdated, or they do not care much about the patients and their employees.
Cost/Benefits Of A New Health Care Initiative
One of the recent initiatives is ANCC Pathway to Excellence Program, which focuses on ensuring nurses’ satisfaction with the health organization. Through the health initiatives, nurses are questioned on their support from a hospital through a survey. As a result, nurses trust pathway-designated organizations as ones that can support their nursing careers to the fullest (Doucette & Pabico, 2018). The benefit is that most highly qualified nurses will want to work in the organization as they seek an organization that provides a good working environment for nurses.
Significant risks for participating in a new healthcare initiative
However, the main risk of the healthcare initiative is that the organization might have to make some changes to ensure that nurses are satisfied with their work environment, which might come with an extra cost. Additionally, the healthcare initiative only focuses on nurses, which might not settle well with other practitioners, who will demand better treatment than they are currently experiencing, which can affect collaboration at the workplace (Pabico, 2020).
References
Doucette, J. N., & Pabico, C. (2018). Nursing Management partners with ANCC’s Pathway to Excellence® Program. Nursing management, 49(4), 13-15.
Jarrín, O. F., Kang, Y., & Aiken, L. H. (2017). Pathway to better patient care and nurse workforce outcomes in home care. Nursing outlook, 65(6), 671-678.
Pabico, C. (2020). Dispelling common myths about ANCC’s Pathway to Excellence [R]: Is this program the right fit for your organization?. American Nurse Journal, 15(5), 34-38.
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