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Inside HCPro's MRP workshop: Build a designation budget

HCPro's Weekly Update on the ANCC Magnet Recognition Program®*, November 11, 2008

On October 2-3, attendees at HCPro’s Workshop on the ANCC Magnet Recognition Program® (MRP) in New Orleans received best practices on how to prepare for the journey toward designation. During the next several weeks, we’ll feature some of the highlights here in the e-newsletter.

This week, we’ll look at building a budget for designation.

When deciding how much should be spent on the MRP process, facilities must also determine whether the MRP budget will be separate or included in the nursing administration budget. The budget should include funds for supporting nurses in becoming certified, copying costs for any handouts related to the program, books to support leaders and staff, travel for staff to MRP conferences, and more. But take care to not deplete the funds before it comes time for writing and submitting the documentation. Make sure enough money is left over at the end of your journey for the following expenses:

• Appraiser honorarium for reviewing the written documentation
• Shipping the documentation
• Site visit (appraiser travel expenses and fees)
• Consultant fees (if you choose to use a consultant)
• Proofreader/reviewer
• Copying and binding

Source: HCPro’s Workshop on the ANCC Magnet Recognition Program®. Don’t miss out on our next workshop! Sign up now for the March 2009 workshop in Phoenix to receive real “how-to” strategies on creating a culture of excellence. 

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