![]() Patients being cared for in Magnet hospitals have a 21 percent lower likelihood of receiving a hospital-acquired pressure ulcer and an 8.6 percent lower mortality rate after a postoperative complication. Magnet hospitals tend to have a low patient-to-nurse ratio, lower mortality rates for surgical patients, lower hospital-associated infection rates, and a shorter average length of stay for stroke patients. The goal of Magnet status is to identify and systematize nursing excellence, as excellence in nursing can lead to better patient outcomes. In 1994, the University of Washington Medical Center in Seattle was named the first ANCC Magnet-designated organization. In 1990, the AAN approved the Magnet Hospital Recognition Program for Excellence in Nursing Services, using the 1983 study as a framework. In 1983, the American Academy of Nursing (AAN) Task Force on Nursing Practice in Hospitals conducted a study to identify attributes of organizations that recruit and retain qualified nursing staff. However, Magnet hospitals gain an average of $1,229,770 to $1,263,926 in increased revenue per year and can recoup their investment within two years of being accredited. Achieving this status takes an average of 4.25 years and costs approximately $2.1 million. Hospitals need a combination of time and resources to receive Magnet status.
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