“Receiving re-designation as a Magnet hospital requires the teamwork of nearly every department in the organization and is a strong representation of our culture of excellent patient care,” Joan Simon, Kootenai Health Chief Nursing Officer, said. To be recognized as a Magnet hospital, health care organizations must pass a rigorous and lengthy review process demanding widespread participation from leadership and staff.
The Magnet Recognition Program® recognizes health care organizations for quality patient care, nursing excellence and innovations in professional nursing practice. Magnet designation is the highest and most prestigious international distinction a health care organization can receive for nursing excellence. The American Nurses Credentialing Center (ANCC) granted Kootenai Health Magnet recognition for the third time Kootenai has held Magnet status since 2006 and is one of only two Magnet hospitals in the state of Idaho.
Now a new study, published in the May issue of Medical Care, finds that becoming a Magnet Hospital also increases revenue by an average of $1,229,770 to $1,263,926 annually. Hospitals accredited by the American Nurses Credentialing Center (ANCC) as Magnet Hospitals are recognized for having better nursing environments, promoting excellence in nursing practice, and providing high quality patient care.