6 MAGNET EDITION | 2018 | www.advanceweb.com ature in various venues (journaling/blogs), but ANCC has encouraged nurses to report specific instances to individual facilities for resolution. Of special interest to facilities that might be considering the Magnet journey is the status of the designation. Globally, according to ANCC’s 2018 website, 420 hospitals have attained Magnet designation, includ- ing FOUR international hospitals in Canada, Lebanon, Australia, and Saudi Arabia. A Magnet certification lasts four years, and of those in the United States that obtain certi- fication, approximately 88 percent recertify!2 Although the certification pro- cess is expensive, hospitals that obtain the designation quickly become profitable. A study by the Robert Wood Johnson Foundation’s Interdisciplinary Nursing Quality Research Initiative found that reve- nue increases “more than offset the costs of achieving” Magnet (Gerado, P.). Additionally, net revenue increased on average by 3.89 percent compared to non-Magnet hospitals, and costs remained lower. Experts maintained that both visibility and publicity were likely accountable for the increases in profitability. Magnet hospitals have become emblems for good care, especially good nursing care!5 Mention any of the nation’s Top Five: Mayo Clinic, Cleveland Clinic, Massachusetts General Hospital, John Hopkins Hospital, and UCLA, and they have all pursued Magnet designation.3 So, has the drive for Magnet designation peaked? Nurses would answer that they found the process of working on Magnet to be empowering, a time of feeling at the top of their nursing “game”. They were energized by working collaboratively with other dis- ciplines toward the best patient care that they could provide, and they were proud to see the Magnet banner placed on their facility. The drive for Magnet has become not just an American phenomenon, but a process that has peaked global interest. As nurses exchange ideas throughout the world, the dis- course yields value at an international level. Nurses in other countries also care about pro- viding better care, whether it is decreasing the use of restraints, avoiding pressure ulcers, or learning how to prevent falls. As international nurses learn about a better trend in optimal care, they are drawn to ANCC’s process for delivering what works! We can expect to see a gain in the amount of hospitals asking for assistance with Magnet, especially as hospitals can hire a nurse consul- tant through ANA, or work with a translator, if needed. Although hospitals overseas do not have RN to BSN pro- grams, or Shared Governance models, they may excel in areas such as space design or technology, issues which could prove more challenging to facilities in the U.S. Working together offers benefits for both. While nurses in the United States might believe the drive for Magnet has peaked, statistics prove that Magnet hospitals pay for their own des- ignation, keeping profits up and costs contained. That, in anyone’s playbook, is a formula for lasting success. n Diane Goodman, RN, MSN-C, CCRN, CNRN, is a semi-retired Acute Care Nurse Practitioner, with over 40 years of fulltime nurs- ing experience. Although she no longer works fulltime as a Clinical Educator, she has maintained an active status as a Nursing Journalist & consultant during the last few years, writing and collaborating with nurses around the globe. References 1. “Frequently Asked Questions About Magnet”. UC Davis Medical Center, ucdmc.ucdavis.edu. 2. “Magnet Hospital Has Global Appeal” , Stringer, H. posted by Jimenez, S. (content Editor), 2015, Nurse.com 3. “Magnet Status: Superior Care or Marketing Gimmick?” , Bachert, A., October 13, 2017, Medpagetoday,com. 4. “Magnet Status: What Is It, What It Is Not and What It Could Be” . The truth about nursing.org/faq/magnet.html. Last updated 10-2-2016. 5. “Should I Work for a Magnet Hospital?” , Geraldo, P., June 2, 2017, Nurse, org. 6. Renter, M., Allen, A., Thella, A. & Foley, L. “How Magnet Designation Affects Nurse Retention: An Evidence-based Research Project.” March 2014, Volume 9, Number 3, American Nurse Today. 7. Trinkoff, A. et al. “A Comparison of Working Conditions Among Nurses in Magnet & Non-Magnet Hospitals.” July/August 2010, Volume 40, Number 7/8, JONA: Journal of Nursing Administration. Quantitative research conducted among Magnet and non-Magnet nurses in 2010 found minimal difference between the degree of satisfaction with the work environment or hours. A second study... demonstrated that nurses found the process of working towards Magnet to be gratifying, but believed the process became somewhat mechanical and robotic once the designation was obtained. COVER STORY  |  MAGNET EDITION