New Publication Highlights the Economic Value of Nursing

Leading academic researchers, supported by the American Nurses Association (ANA) Enterprise Institute for Nursing Research and Quality Management, have unveiled a groundbreaking paper on the economic value of Nursing.

“The Nursing Human Capital Value Model,” authored by esteemed scholars Dr. Marianne Weiss, Dr. Olga Yakusheva, and Dr. Kathryn A. Lee, introduces a revolutionary framework that delves into nurses’ vital role in healthcare systems. This work is part of the comprehensive Economic Value of Nursing project initiated by the ANA Enterprise, which emphasizes the indispensable value of nursing in healthcare and its profound influence on patient outcomes.

The Nursing Human Capital Value Model demonstrates how a cycle of initial investments in nurses leads to enhanced performance. This improved performance often results in better patient care, which in turn boosts the organization’s success. The financial savings and increased revenues from these improvements can be reinvested into further developing nursing human capital, creating a sustainable cycle of continuous value generation that benefits both the healthcare organization and the patients it serves.

Nurses, through their unwavering commitment, expertise, and empathy, drive exceptional patient care and healthcare organizations’ success. This model, crafted by Dr. Weiss and Dr. Yakusheva, underscores the pivotal role of nursing human capital in generating value for healthcare organizations, making a solid case for strategic investment in nursing.

Visit the ANA Enterprise Institute for Nursing Research and Quality Management website for more information on this publication and its strategic implications.

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