Financial competencies as investigated in the nursing field: Findings of a scoping review

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Authors

BAYRAM Aysun POKORNÁ Andrea LICEN Sabina BEHARKOVÁ Natália SAIBERTOVÁ Simona WILHELMOVÁ Radka PROSEN Mirko KARNJUS Igor BUCHTOVÁ Barbora PALESE Alvisa

Year of publication 2022
Type Article in Periodical
Magazine / Source Journal of Nursing Management
MU Faculty or unit

Faculty of Medicine

Citation
web https://onlinelibrary.wiley.com/doi/full/10.1111/jonm.13671
Doi http://dx.doi.org/10.1111/jonm.13671
Keywords financial behaviours; financial knowledge; financial liability; financial literacy; financial management; nursing
Attached files
Description Aim(s) This study aims to map the extent of the research activity in the field of financial competencies and nursing and identify main patterns, advances, gaps, and evidence produced to date. Background Financial competencies are important indicators of professionalism and may influence the quality of care in nursing; moreover, these competencies are the basis of health care sustainability. Despite their relevance, studies available on financial competencies in the nursing field have not been mapped to date. Evaluation A scoping review was guided according to (a) the Preferred Reporting Items for Systematic Reviews and Meta-Analyses extension for Scoping Review and (b) the Patterns, Advances, Gaps and Evidence for practice and Research recommendations framework. Key issue(s) A total of 21 studies were included. Main research patterns have been developing/evaluating the effectiveness of education programmes and investigating the nurse's role in the context of financial management, challenges and needs perceived by them, and tool validation to assess these competencies. The most frequently used concept across studies was 'financial management competencies' (n = 19). Conclusion(s) The sparse production of studies across countries suggests that there is a need to invest in this research field. Implications for nursing management Nurses with managerial roles should invest in their financial competencies by requiring formal training both at the academic and at the continuing education levels. They should also promote educational initiatives for clinical nurses, to increase their capacity to contribute, understand, and manage the emerging financial issues.
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